Expired listing
A listing whose contract ran out without a sale. The seller can relist with the same or a different agent. Expired listings often get contacted by agents looking for new business.
Every term like this one lights up in the step you're on.
Free to set up. No credit card.Part 1 of 4
Why a seller cares
When a listing expires, the phone starts ringing with agents who want the relisting. It is also the moment to decide what went wrong, because relisting at the same price with new photos rarely changes the answer.
Part 2 of 4
A simple example
Your six-month listing expires unsold at $319,900. Within a week, nine agents have called or mailed.
| What happens next | What tends to follow |
|---|---|
| Relist with the same agent at a new price | The days-on-market history may carry over |
| Relist with a new agent | New photos, new price, the same CDOM in most MLSs |
| Wait a season | The clock may reset, and the market may have moved |
An expired listing is a data point about price, and every agent who calls knows it.
Part 3 of 4
What people get wrong
That expiring means starting over. The market remembers, and the price is the thing to change.
Part 4 of 4 · where to read next
Where it appears in the sale
What a definition is, and what it isn't
Keighbor is a software company, not a law firm, brokerage, or tax adviser. This is general information, not legal, tax, financial, or real estate advice about your sale. Your situation may differ. Before acting on a contract, disclosure, title, tax, or pricing question, ask an appropriately licensed professional in your state.
Written and researched by Keighbor Research · drawn from the reference glossary · how we research and check what we publish
One piece of your sale. Here is where all the pieces live.
In your room, this word explains itself where it appears.
Keighbor keeps your whole home sale in one place and defines every term like this one right where you meet it, in the step you're on. Free to set up, with or without an agent.