Having Proper Access

Limiting viewing times, such as only on certain days or avoiding weekends, can hinder the selling process. Broad accessibility is key in any market to attract more buyers, which can positively impact both the selling price and time on the market. Consider making your home available for showings at more flexible times to enhance its marketability and appeal to a wider range of potential buyers.

Pricing It Compellingly

In the real estate market, the price of your home is often the most critical factor influencing its sale. It's so influential that it can offset other aspects like accessibility or condition. A well-priced home is likely to sell, regardless of other factors.

As your listing has recently expired, it's essential to re-evaluate your initial asking price. Consider how it may have hindered the sale. This process involves more than just a basic Current Market Analysis (CMA). It requires a deep understanding of the current real estate market trends and factors impacting prices in your area.

Take the time to review detailed market data, including graphs and charts, to fully grasp the market's demands. This information is crucial in setting the right price for your home, ensuring it aligns with market expectations and enhances its appeal to potential buyers.

Re-List with Your Current Agent

If your home didn't sell by the time your listing expired, you might be reflecting on various factors such as the challenging nature of the housing market, an overly ambitious listing price, or not fully considering advice given to you. In light of this, you may be considering giving your real estate agent another chance. This is a perfectly valid decision.

Should you choose to relist with the same agent, it's important to clearly understand the terms of your new agreement. Particularly, be aware of how long you are extending your contract for. Sometimes, agents request an additional week or so to follow up with a potential buyer who has shown interest. This extended listing might not always be immediately visible in the MLS (Multiple Listing Service), so you may not be immediately aware of the new contract termination date.

If you're extending the contract for more than a few days, it will likely be listed in the MLS, and you can check there for the updated expiration date. Remember, this decision is about what's best for you and your property, so weigh your options carefully and proceed in a way that aligns with your goals.

List the House For-Sale-By-Owner (FSBO)

If your home didn't sell and you're considering the For Sale By Owner (FSBO) route, it's important to acknowledge your feelings towards the process. You might feel frustrated with your previous agent, thinking about what they could have done differently or what they did that was aggravating. It's perfectly okay to feel this way and to reflect on these experiences. They can help you understand what you expect and value in a real estate professional.

However, it's crucial not to generalize your experience with one agent to all real estate professionals. Think of it like getting a bad haircut. You don't stop getting haircuts altogether; you simply look for a better hairstylist. Similarly, in every profession, there are both good and bad professionals. This doesn't mean you should forgo their services entirely. Instead, it means finding the right person for your needs.

If you're dissatisfied with your previous real estate experience, don't let that stop you from seeking help again. Just like you would change financial advisors, consider working with a different real estate agent who might better align with your expectations and needs. Each agent brings a unique approach, and finding the right one could make a significant difference in successfully selling your home.