|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!
It might be 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's home selling services.
We only collect personal information necessary to effectively market and sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. I/We do not sell, trade, transfer, rent or exchange your personal information with anyone.