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morpeh [17]
1 year ago
10

In pricing a property, what might expired listings tell the real estate professional?

Business
1 answer:
Fynjy0 [20]1 year ago
4 0

The price at which a property won't sell.

<h3><u>What are expired listings?</u></h3>

The listing agreement has a specified end date when a homeowner hires an agent to sell a house. When this deadline passes without the house selling and without the owner renewing the listing agreement with the real estate agency, the listing expires. Similar to how potential buyers frequently include offer expiration dates when submitting offers to sellers. The offer "expires" and can no longer be accepted by the seller if the offer expiration date passes before the seller accepts.

These are four methods for obtaining leads from expired listings:

  • Make Use of the Multiple Listing Service (MLS) to find expired listings
  • Buy Expired Listings
  • Ask Other Real Estate Agents
  • Access public records.

Learn more about expired listings with the help of the given link:

brainly.com/question/14446560

#SPJ4

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Explanation:

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