When a property sits on the market for an extended period, sellers endure a journey of optimism turning into frustration as days turn into weeks and then months. This prolonged wait not only puts future plans on hold but also increases stress levels as the expenses associated with keeping the property mount up. Additionally, the longer your property stays listed, the lower the chances of achieving your desired selling price.
So now what? If your listing agreement has expired, read on as we explore three actions you can take if you have an expired listing agreement in Greensboro.
Relist
When faced with an expired listing agreement in Greensboro, one of the most effective steps you can take is to relist your property. Before doing so, it is crucial to have a candid conversation with your real estate agent to identify any issues that may have hindered the sale in the past, unless the main challenge was communication with your agent. Understanding the root cause of the listing’s failure can help you devise a new, more successful strategy moving forward. If your previous expectations were unrealistic and your agent simply went along with them, it might be time to reevaluate your choice of agent. Common reasons for a listing not garnering interest include overpricing or underpricing, poor-quality online photos, or a home that is in disrepair or overly cluttered, deterring potential buyers. Other factors such as buyers with excessive contingencies or financing issues can also lead to a failed sale, necessitating a relisting. Alternatively, you may explore the option of engaging with a direct buyer such as AIP House Buyers. Direct buyers can offer a quick and guaranteed closing date, providing you with a fair cash offer for your home in its current condition, putting an end to the waiting game.
FSBO
When faced with an expired listing agreement in Greensboro, one viable option is to step into the agent role yourself. While it may initially appear as a cost-saving measure since you retain the hefty real estate commissions, in reality, it often proves disadvantageous for sellers. Statistics show that only about 8% of FSBO (For Sale By Owner) listings result in a successful sale, with the final selling price typically 26% lower than agent-listed properties. On the other hand, selling directly to a local direct buyer like AIP House Buyers in Greensboro eliminates the need for commissions or closing costs, ensuring no unexpected fees arise at closing.
AIP House Buyers
Working with a direct buyer from AIP House Buyers means working with local professional investors who care about your future and the future of Greensboro. At AIP House Buyers, we believe in total transparency. Therefore, your direct buyer from AIP House Buyers will provide you with the full details on how they calculated the numbers and outline how much your home should sell for on the MLS with a listing to compare and decide which sales method is best for your circumstances. If a listing is the better option, your direct buyer from AIP House Buyers will say so because we want you to earn the highest profits. We’re proud of our work at AIP House Buyers and want you to feel good about the deal long after leaving the closing table.
It’s clear to see that the best action you can take when you have an expired listing agreement in Greensboro is to call AIP House Buyers at (336) 707-5223. If you are interested in receiving a guaranteed cash offer on your Greensboro, NC house please reach out via this website. We will make you a guaranteed cash offer. We a re a local company with Google 5 star reviews. 336-707-5223