My house flip won't sell

[Account Closed]

Hi everyone! Last December, we bought a property to flip (NoVa area). We completed renovations, and while it looks amazing, we put it on the market, but we are having difficulty selling it. As a Realtor, I have done everything I can to promote and facilitate the sale. Initially, when we went live, I priced it competitively, and it seemed like a good price. We received excellent feedback and had numerous showings, but only one offer that didn’t turn out to be serious, so nothing materialized.
Unfortunately, the market started to slow down significantly, and after one month, I had to lower the price. I've told every agent since that we are open to buyer concessions at this point. The feedback remains positive, but we are still not receiving any offers. I financed the property with a flip loan, and I am beginning to wonder if this might be a sign that we should hold onto it and refinance it with a DSCR loan through our hard money lender.
It’s disheartening after so many months of hard work, and of course, I’m emotionally invested in this project. After six months, I’m running out of hope and would appreciate any advice. Thank you!

[Russell Brazil]

I looked up the listing. I didnt deep dive into it, but a few things stuck out to me.

1) Your photos are terrible.

2) You have no garage while a quick glance shows all the homes in this price range in that neighborhood have garages. So maybe you're mispriced.

3) Pricing at $709k initially was a mistake. If you're close to the century mark in pricing in a hot market like Nova, just should.have been $699k off the bat to catch the algorithm. (Thats if even $699k was the correct price, which it might not be due to lack of garage).