Hey guys, we know the number of listings getting stale on the market is rising, right?
70% of listings have been on the market for over 30 days, and nearly 50% for over 60 days. What does this mean?
It means more expired listings are going to start showing up in your MLS soon.
Going after expireds is a huge opportunity, something we haven't seen much of in recent years because the market has been so short on listings. But today, we have 34% more listings than a year ago, and many are going stale, which means a lot of them will be coming off the market.
Let me give you one quick, out-of-the-box approach for going after expired listings that’s definitely effective.
The conversation will go like this: I'm going to call that expired listing as early as possible and say, "Hey, my name’s Jim Emily with ABC Real Estate, and I noticed your listing got delisted from the MLS this morning." (The keyword here is delisted).
Then I’ll say, "I’m sure you're getting a lot of...
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