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Has your home Expired? Consumers Your Opinion is Needed.

By
Real Estate Broker/Owner with Key Real Estate Services & Property Management

Expired? Yes, reached the end of its contractual obligation to be listed on the MLS and with the listing Realtor. On an average most Realtors will list your home for 6 months or at-least the length of time that is equal to or greater than the average days on market (average number of days that it has taken to sell homes similar to yours in your neighborhood).

Couple of questions. Did you interview the Realtor you hired to sell your home? What kind of questions did you ask? Would you ask different questions now that your home has expired? Are you going to let the same Realtor re-list your home? What was their marketing plan? How did you arrive at the list price? (see overprice properties blog) What were their average days on market for the homes that they have listed?

Selling a home is not as easy as putting a sign in the yard and hoping and praying that it sells. The same old same old that has been done is nearing its end. Realtors are having to step up to the plate and realize that you can't just put a sign in the yard and wait for a buyer. You need to be an expert in the area, your industry and proficient in technology.

Before you re-list your home with the same Realtor that failed to sell it the first time maybe you should consider interviewing other Realtors for the position. Just because a Realtor agrees to list your home doesn't mean that it is in your best interest. Check the facts and rely on the numbers and ask lots of questions. If you are curious as to how your specific area is doing in the market go to www.mymarketreports.com. All this information is free of charge and you can look at without having to give any information.

We are striving to make a paradigm shift, we understand that consumers have a wealth of information at their fingertips and we want to help you get this information. Help us improve our industry by taking this short survey (less than 5 minutes, I promise).
http://www.surveymonkey.com/s.aspx?sm=iu4cIc9wEikylMwrKWpFwg_3d_3d

Posted by

Malisa Spivey