Time to fire my listing agent?

[Joseph Johnston]

We’re selling a 3-family building in the Bronx. We listed with an agent we trust and who has sold many properties, but the property has been on the market for 66 days now, and we haven’t had any recent showings. A few weeks ago we decreased the list prince by 5%. 

Our agent is communicating to us that the market is simply slow right now, and that we need to be patient. But we are getting anxious about the lack of interest. 

Nothing our agent has done has seemed “wrong” to us, but of course, almost all of his communication with potential buyers and buyers’ agents happens behind the scenes.

We are considering looking for a new agent simply because the property hasn’t sold and this seems to be the only action that’s in our control.

What do you guys think?