If your home was on the market and did not sell, it expired for a reason. Usually that reason is pricing, presentation, or how the home was marketed, and each can be corrected. Victor Vasu reviews the previous pricing, marketing, showing activity, buyer feedback, and competing properties, then tells you what needs to change before the home returns to market.
Expired Listings Sold
Career Team Sales Volume
Years of Experience
Expired listings fail for a small number of reasons, and each one points to a different correction. Only one of them is solved by waiting.
1. The price was above what the evidence supported. Read the showing count and the offer count together. Steady showings with no offers is a price problem at the margin. Few showings at all is a price problem at the headline level, because buyers filtered the home out before they ever walked it.
2. The presentation did not match the price point. Photography, staging, the order of the image set, and the condition of the property on the day buyers walked through, and how easily buyers could schedule a showing. Presentation is not decoration. It determines the comparison set the home is placed in.
3. The marketing did not reach the buyer pool. Luxury coastal buyers are frequently out of area, and often out of state or out of country. If the plan was MLS syndication and a few open houses, the pool that saw the home was smaller than the pool that exists.
4. The property has a limitation the price did not account for. Position on a busy street, a functional layout issue, deferred systems, or an unusual lot. These do not disappear with a new listing agreement. They get priced.
5. Nothing was wrong except timing or terms. Occasionally a listing expires because the seller was not ready to transact, or the contract period simply ran out. This is the one case where a fast relist makes sense.
6. Offers came in, but the sale did not close. Interest that does not convert usually traces to terms, timing, or how counteroffers and inspection requests were handled. That is a negotiation problem, not a demand problem, and it is corrected differently than price.
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 160 DAYS
RELISTED & SOLD - $30,000,000
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 238 DAYS
RELISTED & SOLD
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 139 DAYS
RELISTED & SOLD
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 240 DAYS
RELISTED & SOLD
PREVIOUSLY LISTED WITH 2 AGENTS FOR 313 DAYS...EXPIRED
RELISTED & SOLD
Historic Katie Wheeler-Irvine Pool House
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 165 DAYS
RELISTED & SOLD
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 124 DAYS
RELISTED & SOLD
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 139 DAYS
RELISTED & SOLD
PREVIOUSLY LISTED WITH 2 AGENTS
FOR 663 DAYS...EXPIRED
RELISTED & SOLD
Diane Keaton’s Historic Former Residence
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 180 DAYS...EXPIRED
RELISTED & SOLD
PREVIOUSLY LISTED FOR 829 DAYS WITH 5 OTHER AGENTS...EXPIRED
RELISTED & SOLD
PREVIOUSLY LISTED FOR 724 DAYS WITH 2 OTHER AGENTS...EXPIRED
RELISTED & SOLD
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 58 DAYS...Expired
RELISTED & SOLD
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 416 DAYS...Expired
RELISTED & SOLD
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 198 DAYS...Expired
RELISTED & SOLD
PREVIOUSLY LISTED WITH ANOTHER AGENT FOR 334 DAYS...Expired
RELISTED & SOLD