You listed your house and signed a contract with a real estate agent. The contract agreement allowed for six months. Unfortunately six months later the house is still on the market with no buyer in sight. Your listing is about to expire, and you don’t know what to do. Do you extend the contract? Take your house off the market? Selling your home is stressful enough and six months without a buyer doesn’t make it any better.

My listing has expired; what should I do? — Your listing has expired; what now?

Find a New Agent

If you sincerely wish to sell your house, take a step back and re-evaluate your current situation. Are you satisfied with the work your agent has done? Was your agent able to secure offers that fell through due to other variables? Did your agent have showings of the house or was there very little interest in the home? If you genuinely feel that your agent fell short, go and look for another agent. Don’t feel pressured to sign on for a more extended period if you do not wish to; instead, sign a contract for a shorter term.

Re-evaluate the pricing of the listing.

Was the price you listed your home for reasonable? If the house is over-priced, buyers will be wary and stay away from ever looking at your home. For more on how to properly value your home, you can read here. Is the condition of the house presentable? Have you made your house available for showings to give buyers an opportunity to view your home and consider an offer?

Do you want to sell?

Have you turned down fair, practical offers? Did you make your house available for open houses and showings? Perhaps you turned away from some offers and made it difficult to show the house properly. Re-evaluate and ensure that you genuinely want to sell your home at this time.

Sell to an investor.

Have you considered selling to an all-cash buyer such as myself? You can avoid dealing with the process of a real estate transaction. Your offer will be fair and the transaction, because it is all-cash, will move quickly. I buy houses for a living and am a local expert in the valuations of the local market.

If you are considering selling to an investor like me, give me a call at 516 652-8678 or fill out one of our forms.