Buyer requesting closing price lower than I hoped - Do I take it?

[William Montgomery]

Hi BP -

I need your wisdom. I currently own a duplex that needs quite a bit of work. Instead of doing the work myself, I've decided to just sell it. After listing with a real estate agent multiple times unsuccessfully, I listed on multiple FSBO sites, and surprisingly have had lots of interest (30+ parties have reached out to me).

I have it listed for $40k, I had multiple cash offers and seller financing offers come in above $30k. The top two were $36.5 and $36 cash.

So I’m under contract now with the $36.5k offer and after looking at the property they want to lower the closing price to $33k. I knew that the property needs work and that they would probably ask for a lower price, but I was hoping to get $35k, but could live with $34k.

So my question is, given the interest I have backlogged, do I hold out for $34/35k or do I take the $33k given that there is no telling what other parties will ask for repairs?

Any opinions or advice would be greatly appreciated!

Best,

Will