When Real Estate agents take a listing it is usually for a 6 or 12 month period. Of course, this can be any length of time that the owner wants as we have seen it as short as one month when the owner really wants to get it sold right away. After this set amount of time when the property does not sell it goes off the market and is considered an "expired listing." Be prepared when this happens as dozens of real estate agents who's sole job is to call on expired listings will start calling you non-stop the morning after the home expires.
These agents make a living trying to convince owners why their home didn't sell and to use them the next time around. What most seller's don't realize is that these types of agents have very good phone skills but typically lack the skills needed to sell a home. They often spend half of their day calling these poor sellers who had their home on the market before and don't devote a lot of time to marketing the listings that they do have. That's just the reality of how some real estate agents work.
There are several expired listings in Laguna Beach that have gone off the market and have not come back due to various reasons. Many owners like to wait at least 90 days before they re-list with an agent since the days on the market refreshes after the 90 day mark. The home will also show up as a brand new listing which can play a huge role in getting it sold the second time around. Many Laguna Beach homes have not come back on the market but are worth considering. There is no guarantee that these sellers will still want to sell but the intrigue of the property and price point makes it worth a second look.
Please contact us by filling out the form below and we will send you a current list of expired listings. This is especially helpful for those who are looking for something unique that is not currently on the market for sale. Make sure to let us know the type of home are you looking for and the price point so we can send you the right set of homes. This can be anything from a single family home or residential condo.