It is quite easy to understand your sentiment regarding 'chasing' expireds.
Others express the same dislike for practices such as door knocking.
Some express dislike for those investor types who blanket the area with low-ball offers on homes they have never seen using the 40 to 1 math model. I guess there is much to dislike for those looking for things to dislike.
However, for the most part, expired have more to do with the cost of guilt and pride than anything else. These two emotional wounds lead people into making costly, if not irrational, decisions.
A fresh face with the right message can be source of RELIEF!
As a professional solutions provider, I don't withhold the services I can provide because of the failure to deliver of others. A better view of this can be the old lock and key model. Every one has a that part of their mind that is bolted shut and secured with a lock. Only the few possessing the key will ever be able to reveal that persons treasure. But, until you try your key, the treasure of one life may never be released. Doesn't sound sleezy to me, but more of a professional duty.
Why would you cling tightly to the life preserver a drowning person needs? Some actually act in such a way that can only be interpreted as, "When the drowning pull themselves aboard the vessel I will hand them my preserver willingly."
Of course, there is always those who have sleezy intent. This note was not intended for them.
Best of success to you.
in many ways I agree with you; however it is a needed process and I have known several agents that have done well with it. I dont do it and most likely wont unless there is a good reason too. I thnk many of the comments here are very valid though and many times i think it is the unrealistic seller that causes these frustrating situations and agents that will take listings not matter how realistic they are or not.
Agents who didnt do the job are as guilty of giving us a bad name as ones who get the job done (ambulance chasing). Just my two cents worth. Personally I am glad they are out there doing it because I hate dealing with clients who are mad at the world because thier agent did not perform as promised. Takes thick skin :O)
JOAN LORBERBAUM MOORE
Broker Associate, GRI
9858 Clint Moore Road
Boca Raton, FL 33496
I don't and haven't pursued expireds.....but I've known people who were/are successful at it. m Nothing wrong with asking sellers if they would consider a new agent. After all, if you don't ask, you'll never know.
Some sellers look for who has the most signes in the street when they list. Rather than looking to see who has signs comming down. Many agents are afraid of not getting a listing if they give a client realistic numbers and time frames. The seller chooses a price way to high and then gets mad at the agent for not selling it.
I would rather have 30 satisfied clients then 100 listing with unhappy sellers. A strong reputation will always keep food on the table. http://www.grapevinereferrals.com
If handled in a professional manner without "throwing anyone else under the bus" persuing expried listings can be percieved as providing a service wher one is needed.
I would propose that if homes were initially priced in accordance with current local market activity that there may be fewer expired listings for "ambulance chasers" to follow.
What are your thoughts on over pricing a listing to for the purpose of getting the listing?
Sometimes an expired listing may have not gotten the necessary intention. for example, a lot of expireds have one or no picture which means very limited exposure on realtor.com and other sites. Some are short sales listing that are not handle by agents experienced in this process are priced to low.
I do not believe it is sleazy unless you are doing some unethical practices.