In 2023, we relocated to Florida (tampa bay) due to my husband's job. We had a house in Texas that sold on its first day on the market for over $ 50,000 above asking price. Upon moving to Florida, we selected a neighborhood known for its excellent school, making it an ideal location for us. We purchased our home for $485, which seemed reasonable at the time, but we understood we wouldn't profit from it, given its size. Now, we feel it's time to sell and upgrade to a larger home due to our growing family. We listed our house at the price recommended by our realtor. In the initial weeks, we held an open house and had several showings, including interest from one family, but they opted for a similar house without a backyard. We had listed our house at $514, yet my husband and I believe it's too high considering the home's size (3 beds, 2 baths, 1,765 SQFT). It's now been over three weeks since the open house, and we haven't received any showings. My husband requested our realtor to lower the price to $510, which still seems high to us. A week passed without any interest, so we messaged our realtor again to reduce the price to $499, which we consider more fair, with a willingness to drop to $495 for a quick sale. However, our realtor advised us to wait before making another price reduction, as she believes the house will sell soon, despite no interest in the past four weeks. I'm eager to hear your thoughts, as we're in a different market from when we sold our last home, and I'm wondering if we're being too hasty in selling this property.
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source https://www.reddit.com/r/RealEstate/comments/1l3tluo/realtor_being_overly_positive_fl/
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