Yay! Continued good luck!

Congratulations on your pending sale!

Well said ncrealestateguy.

Thanks everyone! We have a closing date now, August 29th! Inspections are done and the required repairs are underway. Ncrealestateguy, thanks so much for your comments and advice. I think we were in the “almost there” category. We got a ton of showings and they didn’t slow down, even at almost a year on the market. That’s why our agent kept saying no when we asked if we were overpriced, or about lowering the price. Our neighbor kept saying it was normal to be on the market that long because it took over a year to sell her mom’s house. A lady in the grocery store said her house was on the market five years before it finally sold. When we bought the house, it had been empty and on the market for seven years before we bought it. We just didn’t want to own it forever! But it was so frustrating because our agent kept saying we just hadn’t found the “right buyer” yet. The fact was it was overpriced for the neighborhood, or for our targeted buyers, which were a young family . The fact was we overimproved for the neighborhood because it made it better for us while we were living there, and we knew it. We were staring down the barrel of going into another winter owning that house, so we finally decided to stand up and not take no for an answer. We insisted on lowering the price, and we gave the agent the option of lowering it 5k or 10k. For someone who didn’t want to lower it, she didn’t hesitate when we insisted! Lol!! She took the 10k, and within two weeks of lowering the price, we were under contract! This is not a “hot market”. It’s a small town in the Texas panhandle. Your potential buyers are all people who were born there, went to school there, etc.

Good for you for knowing what to do! Sometimes it is difficult for an agent to swallow their pride and offer a price reduction. No need to take seven years to sell.