If your house has expired there are really only several reasons why this happened. Let’s explore from the top down. Price, of course. Quite often there is a disconnect between what the Seller wants and what the Market will bear. In simpler terms, the Seller more highly values the home than the Buyer. The reason here is in the language. The Seller is valuing a home and the Buyer is getting a house. One is where you put your money, blood sweat and tears into and the other is square footage, rooms and a yard. Big difference.
Bad Agent, bad marketing or no marketing is the second reason a house doesn’t sell. The answer is the Internet and not just the Internet, but a specific strategy and implementation of that Internet strategy to sell a house. While the Internet seems easy, even babies can navigate on it, Internet Marketing is far more complicated. A bad agent will put a sign on your lawn, list the house on the MLS, have an open house and wait. An agent who is good knows that the buyers are looking and knows how to get your house in front of those lookers. The more people that look at your house the more likely it is that someone will make an offer. It is that simple and that complicated.
Strategy and Implementation go hand in hand and are the third and final reason a house goes expired. Notice I said nothing about the economy, or the neighborhood, or interest rates, or banks? Nope, they don’t matter. Houses sell each and every day in all kinds of neighborhoods and economies with both high interest rates and the devil; the named bank.
To get your home sold for full market value in 90 days or under, you need to work with someone who knows how and can explain that to you in detail. There are “A” agents and there are “C” agents, talk to enough agents to know the difference. All agents are not the same and that is why your house expired.