What To Do With Your Expired Listing In Houston

Reviewed by Mark Lee

Are you dealing with an expired listing in Houston?

We can help you with a fast, fair, and simple solution! Find out how easy the selling process can be! We’ll buy any house right away as-is, off market, with a straightforward cash offer making the sale much easier than you’d think, often without agent commissions and with many closing costs covered.

For a homeowner who wants to sell a house in Houston, dealing with an expired MLS listing can be incredibly frustrating.

You put time and money into working with an agent under a listing agreement from professional photography and social media ads to a polished listing presentation only to find yourself back at square one after the expiration date.

If you want to sell, you likely have a reason why.

The house may be too big, too small, or not in the location you’d prefer.

You may be dealing with something more difficult such as an inability to keep up with the mortgage payment, high property taxes, or tenants you are tired of dealing with.

When you just want to sell your house once and for all, but your listing expires, here is what you can do next!

List It Again

If you have a listing in Houston that has expired, you can always change things up and try again.

You can work with a new agent (not the previous agent) who may bring different pricing strategies, better marketing tools, and a tighter plan for your price range and time frame.

Ask for a fresh market analysis (CMA) using current market conditions, market trends, nearby active listings, and recent pendings to set the right list price/asking price.

You can hire a real estate photography pro to showcase your property details in the first week, and use targeted zip codes, email drip campaigns, and buyer’s agent outreach to reach the right buyers/homebuyers.

If you aren’t opposed to some upfront Home Improvements, you can address common objections that may have stopped potential buyers the first time.

After waiting months only to start over, doing it again may not sound appealing but a new strategy can be the best way to a successful sale at top dollar.

Rent It Out

If you have an expired listing in Houston, it may not be the best time to sell your house.

Before you commit to another listing contract, check out the housing market for rentals:

What are properties renting for?

What do vacancy rates look like?

Is the area walkable and desired by renters?

Not everyone wants to be a landlord, so only choose this option if it fits your goals.

You can self-manage or hire a property manager (often around 10% of monthly rent; varies by company and location).

Renting for a year or two can ease Mortgage Payment pressure while you track market updates and mortgage rates.

Later, you can re-enter the market with less competition and potentially better outcomes.

Try Owner Financing

There are many people who want to buy a home, but a blemish on their credit score or a recent expense pushed back their timeline.

With owner financing, you can sell closer to your asking price while helping a family achieve home buying goals in Houston.

This works for property owners who don’t need the full amount upfront.

Agreements often run about two years, after which the buyer can qualify for traditional financing. Consider consulting a real estate professional and following best practices (the National Association of Realtors has helpful guidance) to structure terms the right way.

Sell It Directly

Selling your house directly to a professional home buyer such as Absolute Properties allows you to quickly move forward without further costs or waiting.

You’ll get a straightforward sales process with a no-obligation cash offer, no repairs, no showings, and fewer back-and-forth phone calls with potential clients.

In many cases there are no agent fees, we can cover closing costs, and you choose the time frame a truly effective strategy and often the most effective way to unlock certainty after listings expire or a withdrawn listing.

Many real estate investors actively find expired listings/expired leads because they can be a goldmine for good deals; going off market can be a winning strategy when you want speed and clarity.

Wait

While it may not be the answer you are hoping for, sometimes it is best to sit back and wait until the market improves in your area. The trouble with waiting is that you are likely missing out on an opportunity that could be even bigger than what you have now. You may have to continue living in a house that doesn’t match your needs or your lifestyle, and that isn’t fun for anyone.

If you have an expired listing in Houston reach out to us to find out how we can help! We make fair and direct offers for houses in Houston and the surrounding areas. We will help you to finally sell your unwanted house so that you can move on with your life!

To work with Absolute Properties or to simply learn more, call us