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Advice: should I lower my house price and by how much?

My house has been on the market for 34 days now. I've had 8 showings but no offers.

Currently listed for $515k.

Comp: house down the street is almost the exact same and we both purchased our houses for the exact same price 4 years ago. She sold hers last month for $525k. Hers was on market for 90 days, then taken down, and then relisted and took another 45 days to sell. Mine is closer to the main road than hers which is why we decided to list for $515k instead.

I was thinking lowering the price to $499k to get under the threshold of 500 to reach more buyers.

My agent is hesitant to do this because that means I will not break even and have to bring a check to closing of about $4500. My thoughts are, though, that if it doesn't sell at our current price and I end up paying an additional 2 more months of mortgage payments, I've paid significantly over that amount anyways.

Any thoughts/advice are much appreciated. Thanks!

submitted by /u/Im_The_One
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source https://www.reddit.com/r/RealEstate/comments/1ueapad/advice_should_i_lower_my_house_price_and_by_how/
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