Home Buying in 90066>Question Details

Ellen Rude, Real Estate Pro in Los Angeles, CA

What is the most common reason in today's market that listings expire?

Asked by Ellen Rude, Los Angeles, CA Wed Feb 26, 2014

It seems crazy with today's buyer demand that anything could expire, but for unique circumstances such as a TORCA tenant or an expensive land lease. Although even these issues can be successfully negotiated.

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The most obvious tends to be over pricing. A truly detailed market analysis can give you a price point in which a property should sell. Hopefully you have a reasonable seller that understands the concept of supply and demand. Other factors can be areas of marketing that are being missed, but it is most likely pricing.
1 vote Thank Flag Link Wed Feb 26, 2014
Usually, it's about price and/or condition. Regardless of the market, there are always those sellers who don't see their homes realistically and price their homes too high.
2 votes Thank Flag Link Wed Feb 26, 2014
1. price
2. price
3. Price
1 vote Thank Flag Link Wed Mar 11, 2015
Generally we find a listing expires if it is not priced correctly.
1 vote Thank Flag Link Fri Feb 28, 2014
Overpricing! Price must reflect condition. If the condition is not great, then pricing accordingly for updates/ repairs should solve that problem.
1 vote Thank Flag Link Thu Feb 27, 2014
The most common reason is the home is over-priced.
1 vote Thank Flag Link Thu Feb 27, 2014
Yes, the price is true, but I just had a listing sit for several months and the seller didn't want to do a pirce adjustment. Low and behold, after we staged the home, we received multiple offers. It was crazy.
It honestly looked super nice before, vacant, but it just felt sterile and unwelcoming and dark.
Once it was staged, the wonder of the home came through.
i learned a valuable lesson that day!
0 votes Thank Flag Link Thu Mar 12, 2015
It's either bad marketing, bad agenting, bad pricing, or some combination of the above.
0 votes Thank Flag Link Fri Feb 28, 2014
Thanks for your answers. In the Los Angeles Westside I have seen condition to be a greater factor than price. And looking back again I see that the overpriced listings that were staged did far better than those that were not. Is staging playing a large role in San Diego?
0 votes Thank Flag Link Wed Feb 26, 2014
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