I am sure your realtor already did this for you but you did notice that the listing went on the market originally in 10/12/06 and sat on the market for 182 days before it expired. The listing agent is Christine Clark. Not to long ago I represented a buyer who purchased a home out there. He bought a higher end home not far from yours and I believe he is happy with the area. However he does not have children and does have a need for horse property. The listing agent is pretty good, like I said she has alot of listings out that way and is quite well known. The listing then expired and was relisted in April. It has been on the market another 43 days. The seller is offering 3% commission to your agent. I think you are getting a decent price but I feel you could drive a bit harder bargain given the time they have been on the market. Note, I have not been out there to compare other listings, so if this home is markedly better then everything you have seen in the price range then run with it. However just looking at the raw data without other knowledge I would twist their arm a little bit more….