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1st Time Home Sellers

We are in the central Fl market and the housing market has cooled significantly. We missed our hottest window to sell last summer due to a tenant in the home and she finally left March 1st. As soon as she left we. We listed our house for sale Feb 1st for $389,000. We bought in 2020 for $274,000 with 3% interest. We are now out of state and want to invest in property in our area and don’t plan to move back to FL. We are currently renting ourselves as we couldn’t afford to buy and could not sell our home at the time of our move due to the tenant we just placed . So it’s going on 60 days that our home has now been on the market in April. But we have received 2 offers in that time. Our first offer was for $370k after 30 days of sitting. We were not too excited and countered at 380k but the buyers wouldn’t budge and then changed their minds. So the. We sat for another 2-3 weeks and got another offer now only for 360k all cash buyer- we also countered at $375- buyer wouldn’t budge. She is still interested in buying and our agent told us the market isn’t getting any better. We are desperate to sell at this point and don’t want the headache of out of state tenants but I’m struggling to be happy with the 80k equity when we could’ve gotten 100+k just a few months ago. In this buyers market should we just hang on to the home and try again next year? I’m so jealous of the bidding wars everyone is still mentioning as our market is extremely slow and everyone has been selling for under asking with minimal buyers making offers.

submitted by /u/Opinionsandwisdom
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source https://www.reddit.com/r/RealEstate/comments/122mzrq/1st_time_home_sellers/
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