April 30, 2021

My Silver Spring Real Estate Listing Expired. What Can I Do?

Not all homes listed for sale in Silver Spring MD are sold. Perhaps your realtor wasn’t the right fit or maybe your home didn’t attract much interest. Whatever the case, now your real estate listing has expired and you’re back to square one.

At this time, you can continue working with your current realtor or hire a new one. However, keep in mind that switching realtors won’t necessarily produce a buyer. Ask your realtor why your house hasn’t sold. Was it priced too high? Do you need to bring in a stager to make your home more desirable?

If the realtor isn’t the problem and your home is, you’ll have to make some big decisions. Let’s discuss your options for selling a home in Silver Spring MD that no one wants. Unfortunately, some homes are unlovable and it could take months before you find a buyer.

Understand WHY Your House Isn’t Selling 

If you’d prefer to sell your home through a realtor, you’ll need to find out why it’s not selling and then address the issues. Some of the most common reasons why houses don’t sell are:

• High price. Even in a seller’s market, your home needs to be priced competitively. Homes are a big investment and buyers want to know they’re getting the best deal possible.

• Poor condition. Buyers prefer move-in ready homes. Just because you’ve lived with old cabinets and stained carpet doesn’t mean someone else will. You can fix up the home yourself, offer a credit or lower your price.

• Unprofessional listing. Your listing could be outdated, lacking information or lacking high quality photos. People rely on online listings so make sure yours represents your home in the best light possible.

• Oddly unique. Some homes don’t fit the mold of what today’s buyers are looking for. Unique properties like very large homes, homes in unusual areas or homes with odd features tend to have a harder time selling.

• Underlying problems. Perhaps your home has a few issues, and while you might not think they’re a big deal, your buyers will. Even homes with odd odors can drive people away.

Consider Selling Your Silver Spring Home to a Cash Buyer 

When you identify why your home isn’t selling, you can determine the best fix. Some things are easy. You can hire a professional photographer, update your listing and stage your home. But you can’t move its location or change its layout. And depending on the problems your home has, you might not have the time or money to fix things up. Selling your Silver Spring MD home for cash may be the best option you have.

In this transaction, a cash buyer will make you an offer, and if you accept, the closing paperwork can start right away. Cash investors use their own money so there’s no need to wait on bank financing. They also buy homes as-is so any underlying issues likely won’t be a problem.

A few other benefits to selling your home to a cash buyer in Silver Spring MD are:

• No inspections or appraisals

• No realtor fees or commissions

• No staging or showings

• Closing costs are typically covered

• Close in about one week

• Work with a local title company

Getting a cash offer is fast and free! Contact 4 Brothers Buy Houses to see what we’re willing to buy your Silver Spring Maryland home for!