There is a pending sale of a 2/2 in your building at this time. The bank is asking more than $50,000 LESS than tax value. From the pictures, it appears to have a MUCH nicer kitchen than your unit. I am glad to see that you got serious about price back in July when you reduced your price by $50,000 and finally did a REAL price adjustment. Until then you spent the previous year OVERPRICED.
Even at this point, it is possible that you may need to do one more price adjustment. After all, your unit is a ONE BEDROOM, and if a buyer can get a TWO BEDROOM for about the same price... guess who they will pick? I have not seen the unit. Just a quick guess from looking at your photos and the listing of the unit that is currently pending sale, and a few of the recent sales in the area.
I feel like I am doing your agent's job FOR HER, but check out some of the recent sales activity:
Villa Valencia, 50 SE 12 ST # 257 - 2 bedrooms, ASKING $110,000 (asking less than you) now pending sale
Boca Royal Condo, 100 ROYAL PALM WY # 3030, 2 bedrooms, SOLD in August for $116,000
Boca Royale, 100 royal palm way, 1 BR sold back in July, $103,000 (you were still asking $179,000 at the time).
Unless you are getting at least one showing per week, (or getting written offers) then perhaps you should consider REPOSITIONING your price to around $100,000 on 10-6-8 after you have spent a full month at your current asking price.
Best of luck!
Keller Williams Realty Professionals
Fort Lauderdale, FL 33308
I would need more details to assess this unfortunate situation. Please call me at your convenience.
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