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What To Do With Your Expired Listing In Sacramento
You’ve put your house on the market, and you’ve done everything right. You’ve spruced up the curb appeal, staged the rooms, and even hired a professional photographer to capture the best angles. But despite your best efforts, your house just isn’t selling. Now what?
If your home is no longer on the market, it’s classified as an expired listing. This might seem like a bad thing, but it doesn’t have to be! In this blog post, we will discuss what to do with your expired listing in Sacramento. If your listing has expired in the Sacramento area, don’t worry – you’re not alone. In fact, about 10% of all listings in the area expire each year. So, what do you do now? There are many things you can do to get your home back on the market and generate more leads! Here are a few tips to help you move forward.
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Evaluate your situation.
The first step is to take a step back and evaluate your situation. Why did your listing expire? Was it because the asking price was too high? Were there issues with the property itself that turned buyers off? Once you’ve identified the reasons why your listing expired, you’ll be in a better position to make changes and re-list successfully. You can also price your home competitively. If your home is overpriced, buyers will be less likely to take an interest. Work with your real estate agent to come up with a fair and competitive price for your home. As a house seller, you need to take a close look at comparable homes in your area and see where you stand in terms of price. If you’re significantly higher than similar homes on the market, it’s time to lower your asking price. This will make your home more attractive to buyers who are looking for a good deal.
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Make needed changes and repairs.
If your property needs repairs or updates, now is the time to take care of them. Not only will this make your home more attractive to buyers, but it will also increase its value. Even small changes like painting the walls or replacing old carpet can make a big difference. Make sure your home is in tip-top shape! This includes things like decluttering, deep cleaning, and making any necessary repairs. Buyers will be more likely to take an interest in your home if it shows well.
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Relist with a new agent.
If you don’t feel comfortable relisting with the same agent who couldn’t sell your home the first time around, that’s perfectly understandable. In fact, it may be in your best interest to find a new agent who specializes in expired listings. You should have to take a close look at your agent’s marketing strategy. Are they doing everything they can to market your home? Are they utilizing social media, online listings, and open houses effectively? If not, it may be time to find a new agent who will better meet your needs. It is best to contact a real estate agent who specializes in listings in your area. They will have the most up-to-date information on what’s going on in the market and can help you determine the best course of action for getting your home back on the market. Also, they’ll have the experience and knowledge necessary to get your home sold quickly – something that’s crucial when relisting an expired property.
Relisting an expired property can be a daunting task, but it’s certainly not impossible. By taking the time to assess your situation, make necessary changes, and find a qualified real estate agent. If you follow these tips, you’ll be well on your way to getting your expired listing back on the market and generating leads in no time to getting your home sold!