I have a house for sale in Maine and am desperate to sell?

[A Hunch]

Why does the real estate agent think it is not selling.
In Maine, you probably have a short real estate season, I would listen to the agent but probably keep it on the market for the remainder of the season.

[Mack]

It has been on the market for 10 months and we now live hundreds of miles away down south. It is a nice Cape Cod with a mother-in-law addition in a nice neighborhood and we have dropped the price to 220,000 (after starting at 245,000). We bought the house for 239,000 in 2008.

Should we consider letting it go back to the bank? What would be the repercussions? Any ideas?

[kemperk]

raise the price to over 245 and then, offer it for either NO money down, seller wrap, or
[preferred] a lease-option OR land contract.

I can guide you and your agent on any of these and your house should be sold in 30 days.

[A Hunch]

Why does the real estate agent think it is not selling.
In Maine, you probably have a short real estate season, I would listen to the agent but probably keep it on the market for the remainder of the season.