Need some advice on negotiation

[Shepard Solomon]

Hi,

I wanted to get advice from others who been down is road before. I have a property I’m interested in that is listed for $55,000 and been on the market for 634 days. The home value is $49,000. Also the comparable homes that sold recently averaged out to $45,000. It needs a new carpet, the owner offered to put new carpet or give a carpet allowance.  My plan is to bring this asking price down. I’m just wanted to know what you professionals would you do in this situation. Specifically, how would you bring the price. What will also be your counter offer strategy? Trying to learn and do this the best way I can. Thanks