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  • Digg it UP - Expired Listings: Three Mistakes to Avoid

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    sell. As the owner of the property you’re allowed to ask for whatever price you want. But, buyers have the final word and get to decide if they will pay it.
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    An expired listing is a home that did not sell within the contractual term of a listing agreement. Many real estate agents set up an automated e-mail notification of expired listings on their local MLS. It’s a potential source of business since presumably these are homeowners that wanted to sell their home but were not successful for a variety of reasons. Well, just what are these reasons? Why do listings expire? Listings can expire for all sorts of reasons. However, there are three reasons that are particularly common: (1) price, (2) condition and (3) marketing.

    Overpricing is probably the number one reason why homes don’t sell. As the owner of the property you’re allowed to ask for whatever price you want. But, buyers have the final word and get to decide if they will pay it. Y

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    on of expired listings on their local MLS. It’s a potential source of business since presumably these are homeowners that wanted to sell their home but were not successful for a variety of reasons. Well, just what are these reasons? Why do listings expire? Listings can expire for all sorts of reasons. However, there are three reasons that are particularly common: (1) price, (2) condition and (3) marketing.

    Overpricing is probably the number one reason why homes don’t sell. As the owner of the property you’re allowed to ask for whatever price you want. But, buyers have the final word and get to decide if they will pay it.

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    successful for a variety of reasons. Well, just what are these reasons? Why do listings expire? Listings can expire for all sorts of reasons. However, there are three reasons that are particularly common: (1) price, (2) condition and (3) marketing.

    Overpricing is probably the number one reason why homes don’t sell. As the owner of the property you’re allowed to ask for whatever price you want. But, buyers have the final word and get to decide if they will pay it.

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    are three reasons that are particularly common: (1) price, (2) condition and (3) marketing.

    Overpricing is probably the number one reason why homes don’t sell. As the owner of the property you’re allowed to ask for whatever price you want. But, buyers have the final word and get to decide if they will pay it.

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    sell. As the owner of the property you’re allowed to ask for whatever price you want. But, buyers have the final word and get to decide if they will pay it. Your home is competing with other homes. When you overprice a home you simply make it easier for properly priced homes to sell because they look like a better value by comparison. Don’t ignore the market in setting or adjusting your price. Your asking price should be largely based on what other homes have been selling for and current market conditions, anything more and its probably wishful thinking. While on the market, your real estate agent should be soliciting feedback from everyone coming in to see the home, and periodically relaying that feedback to you. Listen to the collective feedback. Don’t ignore the market. If you do,

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