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Should we keep our current Real estate agents?
We have had our house on the market in Colorado Springs since June. Our agents have us in the Remax magazine and on line, but have only advertised with a photo once in the local paper. They have never brought anyone themselfs to show our house? We do get showings but we have had no offers. Our contract is up with them in October and we are thinking of just getting different agents. We have an new house on contract to build only if our house sells. Our house is only 5 yrs old 2600 sq ft and fully landscaped. It is a stucco ranch style home with lots of upgrades, master suite, central vac, new flooring thru out just to name a few. we have lowered the price to $259,500. I know its a bad market should we just pull it off or hope a new agent will market more aggresive?
No, I know it is a frustrating experience to sit on the market for a long period of time, but it seems to me that your agent is doing a good job. It is very easy to blame the agent in this situation, but the fact of the matter is 90% of the time, it is your price.
If you are getting a fair amount of showings, than I would say your agent is doing a good job. Remember, an agent cannot make someone put an offer on your house. If the house shows well and the price is attractive, an offer will come.
I would suggest asking for a new CMA of your area to see if your list price is attracting the type of buyers you are looking for. There is a difference between good and bad buyers. You ideally would like to attract buyers who are looking for homes at your price and below. This will make your home look far more appealing to the potential buyer. Pricing your home too high will only put you at a disadvantage because your home will be competing with bigger, more updated houses.
good luck
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