here is my home for sale. i think its priced right by watching and see the other homes in our market. but first weekend on the market ive had 1 offer and 1 showing. my agent said we should have 4-5 showings our first weekend. he indicated the price may be to high. i really dont know. the only other housing available to buy in this price range is manufactured homes or early 1900s small homes. please tell me what direction to go. the offer was 20k less than my asking price. she is a first time buyer and only approved for that much.
Being that you are represented, I have to be careful not to step on anybody's toes. I will say that in my market a 2/1 is considered functionally obsolete and can be difficult to sell. Lack of traffic usually comes down to price, almost any problem with a home can be overcome by price. I also noticed that Zillow has their Zestimate $10,000 less than your asking price. I know Zillow values accuracy sucks, but it is the most popular real estate website and many people believe these numbers.
If your agent believes that the price is too high then I would consider his advice. As a listing agent, he has the incentive to sell at the highest price. Often, sellers end up with less money by listing too high, then later lowering the price to where the house should have been listed at. Unfortunately, then the property is market warn and buyers ask "Why has it been on the market so long? What's wrong with it?", then the seller must lower the price below market to get it sold. Good luck!
almost every nice home is above market value in our town. reason being is our sewage pond is to small for the growth we have encountered so there is no building permits for the next year and half roughly. the only option is to buy an already built home or have your own septic system which there isn't a lot of land for sale either. so the market here is very crazy. our realtor also hasnt sold in our town. so im very confused on our situation. thank you for the reply.