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Frustrated

Rural Midwest in a nice school district and a lovely little village where the houses have been selling like hot cakes except ours. Comped between $215K and $240K so we listed at $235K and got one offer early that we couldn’t come to an agreement. Dropped to $224,900 a month later.

First open house was done during off hours (11-1 where 2-4 is most common in our area) by a different realtor. Second OH was done by our realtor. We’ve had a total of three offers that were at least $15K under listed price. We got two counters and one was just fishing.

The flooring is old and apparently oak cabinets are dated. We get that, but it’s cosmetic. The kitchen floor is also sunburned so we decided to replace it with more modern vinyl planks (that look like hardwood). In moving the refrigerator, we kinked the water line, which burst sometime after we left for the day (living elsewhere now). I arrived to a wet kitchen and water running down the line into the finished basement, which is all cleaned up now but holy hell I’m sick and tired of dealing with this place.

While the last part is just frustration, I just feel like our realtor isn’t doing anything to market our house. Houses have sold all around us for a similar price and right now we’re the lowest priced house in our area with the other two being new construction for about $250K and up.

The only feedback we are getting is the house is overpriced and outdated. It’s only costing us about $1000/month, and we’ve already dropped by $10K so we will sit on it eight more months before we drop another $10K. It seems like the interest we are getting are from people in the suburbs of a large nearby city wanting to lowball so they can rip up the carpets, lay down cheap laminate, and price gouge in the Spring.

Not sure if we need to fire our realtor when the contract is up or if we are just that unrealistic with our expectations. She only reaches out to tell us someone wants to view or when we get an offer. She was no help in negotiating the offers we got. WTF are we paying her to do exactly?

submitted by /u/anon4this2happen
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source https://www.reddit.com/r/RealEstate/comments/r5rua0/frustrated/
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