Hi guys,
I put my condo on the market 65 days ago, 1 low offer, declined, a good amount of showings. Working with an agent. After not selling for so long, I decided to look for other agents. Most stated we have overpriced the property and have to lower price significantly and ask for a higher % and an initial fee of around $350 to $500. I am aware of DYI, but don't think I will go that route.
I am worried now about timing, relisting, etc. If I relist with a new broker, I will have to 1) lower price 2) pay a bit higher commission (not too significant, but still) 3) lose some market time but + new representation.
Worries about when the market will pick up as it is a bit slow now, but not sure if it will keep going strong or crash soon. I know it depends on the area as well.
Would relisting again and using a new agent have lots of negatives vs staying with the same agent and having the listing age to 90+ days?
Any advice is welcome. I have omitted lots of info to avoid specifics, but if any questions, let me know. Thanks so much MMMs.