Cannot sell the house - advise needed

[Sebastian Taylor]

Hi everybody,

I am new to real estate, here is an issue. I have bought and rehabbed a house, but it is now 100 days on the market and there is virtualy no interest in it from buyers. I found an agent in the area and listed the house through him. We lowered price 3 times not, and it does not help. THe agent says that I need to wait till spring. My hard money loan is due now, and I have withdrawn the listing and started refinancing the house. But I don't wan to rent it, I still have hopes that I can sell it.

I am not happy with an agent, however, I understand that there is not much an agent can do. My SO has a license, but she is not in real estate, we just use access to multiple listing service.

Should I break the contract with existing agent and try to list the house via SO to save on commission? I don't think I'll get any profit from this deal now.

Please jump in with any thoughts / questions. Thanks!