DEBORAH CONTI's Q&A

YEP, that is right!

CALL THE AGENT or THEIR MANAGER and get them to take it off immediately.  I don't take lightly those types of actions.  Good luck!

A question only a lawyer can give you an "Accurate" answer to.  Good luck.

YOUR AGENT should go in and change the price, or you can "Take over the listing" and change it yourself.

YEP, that is correct!

Call your local Re/Max Office if you need a real estate agent. Otherwise, good luck to you. 

Yep, that's all it takes.

Call the Broker or "Manager" of the agent of the company and tell them you changed your mind.  Plain and simple.  If they don't release you, call a lawyer!  Good luck.

I don't see where you "Mentioned" an agent?  First of all, if you are selling yourself as a FSBO, your price could be lower than it should be, since you got an offer in 6 days!  And, since you stated they bid lower than 10% of the asking price (which is normal in this market), I am assuming you are selling yourself.  GET AN AGENT. Since I work for Re/Max I do promote that company, but call any real estate office if you don't have a Re/Max Office around you and ask the agent to do a Current Market Analysis for you.  It will show you what is currently Active, SOLD and Pending in your area and will give you a listing price range.  Then, you will have a better grip on what the market value is.  Buyer's are smart, they have done their homework and if they see a "Deal" they will grab it and seller's get excited because they have a live buyer, so soon.  DON'T RUSH INTO ANYTHING!  You could loose thousands of dollars!  If you do have an agent, then follow their advise, we are well educated and most of us are very experienced in dealing with buyer's like that.  Good luck.

Interesting answers!  Plain and simple: Call your local Re/Max Office, have an agent come over and let them do a Current Market Analysis on your house.  You want to make sure that (as is happening in many cases in this market) your house is worth MORE than what you owe!  If so, you are fine.  And, it is possible to ask the SELLER to give you a concession towards the closing costs.  In NYS, it is usually a percentage of the purchase price.  Which is one of the things the Re/Max Agent can go over with you.  It is a buyer's market, so there are many buyer's out there.  Depending on where you live, it may be better to sell than to rent.  Be sure to ask the real estate agent to do "Rental" comparibles for you for your area as well as the CMA, then you will have the numbers in front of you and can decide better what to do.  Good luck!