Did your Mississauga property listing expire?
Sometimes even the Best Mississauga Homes don't Sell!
There can be many
reasons for expiry of your Mississauga property listing; such as
real estate market conditions, marketing, pricing,
overall home condition etc.
In Ontario, real estate salespeople cannot solicit TREB expired
listings, because of prevailing Toronto Real Estate Board rules and
privacy issues. The sellers on the other hand can call real estate
professionals to re-listing their homes/condos after the expiry of their
original listing.
If your property
endured many showings with no offers, then there are indications
that the problem might be addressed.
Similarly, if your Mississauga home/condo
received consistently the same feedback from other real estate
salespeople and their customers, then re-defining and dealing with those
objections might also help.
In many cases, your Mississauga property might be overpriced.
Your overpriced property helps buyer REALTORS® to show and sell
other reasonably priced
properties in your
neighbourhood. They show your property first and sell similar
properties to their buyers. Ugh!
In my experience, it is easy to tell if your listing is overpriced by
simply looking at the showings log. If there are not many
showings taking place, chances are that your home is over priced.
On the other hand, if you are experiencing lot of showings and no
offers, chances are that your property does not show well.
Another reason for expiry of your listing in Mississauga might be
attributed to marketing of your listing.
Sometimes, home owners hire a
salesperson who quotes the highest dollar value for their property (listing
price). This sales tactic is known as
"buying the listing". Home owners get lured by the over-promising
salesperson and trust his/her price to be the right asking price
when it is not, resulting in an expired listing.
If you are looking for a clear, firm, honest opinion of price,
marketing and terms, give Amit a call.
Many of Amit's
satisfied home sellers can vouch for
Amit and his real estate brokerage services.
Call Amit for a comparative
market analysis and request a
free home evaluation of your Mississauga property today!
Get your home or condo SOLD.
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