And also that it wasn’t re-listed by the same (or another) realtor. When the date of expiration comes, you’ll have to check again to make sure the listing did indeed expire. You can do this by adding each one of your soon-to-expire listings to a list or spreadsheet so you can keep track of them over the days or weeks before the listing officially expires. Next, it’s time to track these potential leads. Choose the expiration date to make sure you’re viewing listings that will expire soon, no more than one month away. Leave out pending listings and those that are labeled “Closed”. Searching for listings that have already expired means dozens of other agents have already contacted the seller and cuts your chances of getting the client. Using the MLSįirst, you’ll need to search the MLS for listings near you that are about to expire. You can use either the MLS or public records to do it on your own for free. If you choose to look for these listings manually, you’re in for a lot of work. You can find expired listings manually through your MLS or with the help of real estate software like REDX (we’ll talk more about this in a bit). Let’s talk about how to find these listings and crack the code of the expired listing. Going directly to the source by contacting sellers who have expired listings can not only get you closer to highly motivated sellers.īut if you can crack the code, it will slash your marketing budget in the meantime. There’s nothing wrong with any of these approaches, but there’s an important distinction between them: Marketing costs more money and takes time. Let’s start with the basics: Why you should be relying on expired listings for the best seller leads. It’s a challenge no matter how you look at it.īut the results are sweet if you can rise above the competition and nab these seller leads. If finding and converting expired listings were easy, you wouldn’t need this guide. In our guide, you’ll read about why they’re important and learn how to find them, their typical cost, what to say to the seller to win the listing, and how to supercharge your seller leads list with them. We’re here to talk about expired listings from the basics to the little-known secrets you need to succeed.Īt its core, an expired listing is a property that was previously under contract with an agent, but that contract is no longer active. If you’re up for the challenge, buckle in. How competitive are you when it comes to finding seller leads? Do you enjoy the challenge of competing with other agents for the best leads, or do you prefer to hang back and look for the easier option?Ĭompetition tends to gather around the most rewarding real estate strategies and lead sources and expired listings are some of the most competitive sources you can target. But do they work? And what’s the best way to get them? Read on to find out. Expired listings are a powerful way to prospect for home seller leads. And if you want us to discuss this in person, you can call me anytime at. This is free of charge - you will only pay me once we sell the listing.įor more information about me and my experience, you can check out my website at. During the listing period, we’ll be in touch at least twice a week to evaluate how everything is performing. I have years of experience in selling homes and a proven track record to sell properties at full market value. I am confident that my experience and marketing skills will help you gain more interest and exposure for your property, thus leading to a profitable sale for your home. My postcard the other day was meant to give you a boost in that direction. You must be frustrated at this point, but I am hoping you did not lose all hope. I am sorry to hear that your property on did not sell successfully upon listing it.
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