My apt has been on the market in NYC for about 4 months (listed right after Labor Day, charming pre-war 1 bdrm, prime location, non-doorman, no dishwasher). In that time we’ve done one price cut, rec’d 6 offers, and one I accepted as me & my broker believed it was above-market). I took an extra day to get the contract out (early November) and in that time the buyer (whose own apt is also listed in NYC) got cold feet & reneged. I haven’t received an attractive offer since. Con’t in comments…

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I love my broker, she’s wonderful and diligent and I don’t want to change her (she’s also compass), and I also don’t want to compromise on price any more than I already have (for a lot of reasons). I know the market is tough. Any suggestions as to what I can do?

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Neutral, minimal decor has a higher perceived value. I’d verify price with current comps, re-stage, add more photos and a video tour & re-list it with new description. If you got “no dishwasher” as feedback definitely address that. The entrance is a better 1st picture in my opinion, unless there is a view. Add pictures of any local amenities/park/shops - don’t assume a local is your ideal buyer - out of town shoppers will buy sight unseen, but need a vibe. Verify your agent called back every showing & got detailed feedback from agents - and have her call back the one who backed out to see if they would make an offer - or counter them with a concession - rate buy downs are very popular - but what do THEY want? I’m happy to chat with your agent if she wants some more specific tips.

What neighborhood? It would be great if you include a link

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CD1- yes I bought it for 560 over a decade ago, at the bottom of the market. Put substantial improvements into it - redid the kitchen, put in new flooring, retiled the bathroom, new appliances, etc. I’m going to look into the dishwasher option.

Square footage is not included - that’s usually a red flag from buyer’s perspective

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Not part of coop offering plan usually, I believe. So don’t want to risk presenting wrong info. Condos you will see/have unless hiding.

Also consider that it’s winter and people may not want to move during winter.

Spring might be better

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Peak sales are April-July, but people buy all year long.

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If anyone has solid advice I’d really appreciate it.

I would take the next offer

The market will dictate the appropriate price without regard for your feelings. It doesn’t matter if you think the price is “fair” - if you don’t have offers, then the price isn’t fair.

I can help you getting a tenant. Let me know if you need help.

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