What Should You Do If Your Listing Is Going To Expire?
There is an unspoken rule in the world of real estate and it deals with agents and their clients. Clients are at the mercy of their real estate agents. In most situations, they may blindly trust their agents and it all works out for the best. In other situations, the agent does not perform up to the expectations of the client and their real estate goals are not met.

When it comes to something as big as the sale or purchase of a home, you can never be too careful in choosing an agent. If you choose the wrong agent, you could wind up at square one rather than at the successful sale or purchase of a property. As the listing with your agent comes to a close, are you happy with the work they have done? Were they able to secure some offers but other variables caused them to fall through?

When you list a property with an agent, you trust them. Even if you don't know them too well, there is an element of trust that comes with the first meeting, the paperwork signing, and in giving them access to your home. The seller trusts that the agent will act with professionalism, tenacity, and do everything within their power to sell your house. Yet, this doesn't always happen and sellers are left wondering what they should do.

If your listing is about to expire, what are your options?

One of the most important things to remember is that you are not stuck. You have many options if you choose to exercise them and more often than not, you may just need to try a different approach to reach your real estate goals.

Here are some simple changes you can make when your listing expires:

You can look for another agent.

If you are not happy with your current agent, the best and easiest way to change this is to sign on with a new agent once your contract ends. When you sign an agreement with an agent, you can choose to only sign for a couple months. Don't feel pressured to sign for a longer term than you are comfortable. If your agent under-performs, you will be relieved that your contract is short. It is not easy to prove in a court that your agent did not perform up to par so many sellers will just wait until their listing expires with that agent.

You can sell your house yourself.

If your agent didn't do a whole lot to market or negotiate, you may have learned the ins and outs from conversations and feel more confident to do it on your own. This can save you money and give you the ability to work the deals on your own terms.

You can sell the house to an investor.

This is by far the easiest option. You won't have to deal with the awkwardness of not renewing with your current agent, and you won't have to worry about finding a new agent to take over. The investor will make an offer on your house that will be fair and usually in cash. This means you can move quickly through the transaction. If you are on a time crunch, weary of working with agents, and worried that your house will never sell, consider using an investor who buys houses.

When your listing expires, don't think of it as a bad thing or a time to panic, but rather regroup and figure out a new strategy for your real estate goals. The new strategy could involve a new agent but think about how much more hassle you will have to endure to sign on with a new agent. You will have to have that initial, somewhat strained first meeting where you show the house, and the agent promises you the world. Then after several weeks, it's like you're in the same position as before with no offers and no interest.

You can avoid this with just a few easy decisions to use the services of a real estate investor. One great option to find house buyers is by listing with iBuyHouses.com! We are an investment company that will connect you with local investors in your area. Not only will these investors be able to make you an offer but you can close on the offer within days instead of months.

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Privacy Policy

Last updated: September 10, 2020

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Disclosure of Your Personal Data

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Other legal requirements

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