Getting discouraged about house DOM (Howe: for sale, foreclosure, house prices)

[pinkgreenmover]

I know there are plenty of folks whose homes have taken far longer to sell, but at 66 days on the market, I'm getting discouraged. I believe we are priced well and the home shows well. We've had 23 showings. Two of those were second showings and one of em was a third showing. The latter buyers have yet to provide any feedback, which to me seems a little strange. Why keep coming back? If they aren't making an offer, we'd at least appreciate feeback. There are an unusual amount of homes on the market in our neighborhood right now and it seems we are all just sitting. Anyway, don't mean to be a whiner but hoping someone has some encouragement or success stories that might help me cheer up. :-) If not, a good, clean joke would help.

[jambo101]

Ultimately a house is only worth what some one is willing to pay for it,You may have to consider dropping the price to a point where perspective buyers see your house as a better buy than all the others for sale in your neighborhood.

[BichonGirl]

Have your agent call the buyers agent direct and ask for feedback. The average DOM is 86 to 120 in some areas....June 1st is the offical kick off of our best selling period!!!
Over-all, its no fun being the Bridesmaid!!

[loves2read]

govt money is gone--think everything is sitting longer--
and being "fairly priced" is always tied to past data
if the market slows more, prices will probably drop to compensate

[kreeyax]

23 showings is pretty good. Don't get discouraged, a friend of mine had no offers for several months and then got two at the same time and a bidding war ensued. You could end up getting lucky like that.

[compSciGuy]

I know somebody that just got a house at a quite a bit under market price (bank foreclosure). I was wondering what this house took so long to sell (several months), wondering if the previous owners trashed the place or something. It sold for over $50k less than the house next to us (which is fairly comparable and sold in 12 days last year). He said that particular house had been under contract several times, but that the lending industry was being more nitpicky these days. Don't know if that's overall, but just at that price range, ... However, I would expect house prices to be dropping in general.

[pinkgreenmover]

Two more showings scheduled for today. It's exhausting. I work from home and nearly every showing I've left. Took time to run errands, go for a walk, etc., but still tiresome process.

Jambo, you're right and we are willing to negtiate.

BichibGirl, thanks for the hope. Our realtor called and all they say is it's still on their list.

Loves2read, we've got some wiggle room but not ready to go to our bottom price just yet...

Kreeyax, we can only hope and pray for competing offers. That would be nice.

Yeah, compsciguy, there are so many variables (sigh)

[pinkgreenmover]

Sorry for the typos, dang iPhone :/

[orbius]

Have you had your home professionally staged? It really helps.

[elan]

patience Grasshopper