Options For Expired Property Listings

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Options For Expired Property Listings

Options For Expired Property Listings

The home sale process can be a complicated endeavor, and sometimes the effort is made even more frustrating by the lack of offers placed on your home. Perhaps, you trusted your real estate agent to deliver and to market your house well, but the house still remains empty of prospective buyers. You may feel anxious when you realize that the listing on your home is about to expire, but you do have a couple of options. This article provides a list of what these options are and how they can affect you.

Re-list With The Same Realtor

This is by far the most obvious solution, but it may not be the best solution for you. Before you decide to renew your listing agreement, it is important to really consider the real estate agent you are working with. You may have felt comfortable dealing with him or her, or you may have picked this real estate agent because she’s a friend or relative or many other reasons that do not have much to do with experience. You may be using a real estate agent you have used in the past with great success, but you are trying to market a home in an area outside of his or her expertise. Be sure you are using the same real estate agent for the right reasons.

List your home with a different agent

When you are trying to sell your home privately, this may be one of the largest financial transactions you will ever make. Be sure that you place the sale in the marketing hands of a capable real estate agent you can trust. Perhaps, your former real estate agent did not do enough to market or showcase the property. When your listing agreement expires, it helps to interview a few agents with a few simple questions before deciding on one. You can ask what and where is their area of expertise. How long have they been working and how many homes they have sold within the past year? Such questions will help you determine an experienced agent that specializes in the home that you possess within your local neighborhood. You can sign on with them for a few months rather than a longer term, so that you are not obligated keep working with the person if you find that the agent does not fit your needs.

Sell Your Home On Your Own

If your listing is about to expire you could think about firing your current agent and doing it all by yourself. Many times people feel that they are the best ones to sell their house because they know their house in and out and they will be able to properly market the home. Not only will you be saving money by not paying the real estate commission fees but you will be able to maintain full control over the process of selling your home. If you have been watching your ex Realtor you may even have picked up a few things along the way that you can now use to your advantage. This route is not easy though because it is going to require you to do a lot more work then you have probably been doing up until this point so make sure you are thinking about your ability to give it the amount of time that it needs.

Sell To An Investor

By far the quickest and easiest home sale process is to sell to a real estate investor. If all you want to do is get the home off your chest, an investor will be able to close in a matter of weeks rather than months. Consider creating a listing, completely free of charge, on iBuyHouses.com, a network of prequalified buyers in which interested investors can directly contact you about your sale. Such hassle-free selling is the hallmark of iBuyHouses.com and they can help you sell your home under a variety of conditions.

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