It did not sell. That usually means something specific.
Expired listings, appraisals that came in low, buyers whose financing collapsed a week before closing. Almost all of it traces back to a lender, and there is no lender in a cash sale.
Skip the second listingMost failed sales are the same three problems
The appraisal came in under the contract price and the buyer could not or would not cover the gap. The inspection turned up something the buyer would not accept and you would not fix. Or the buyer's loan fell apart, sometimes for reasons that had nothing to do with your house at all.
All three are lender problems wearing different clothes. None of them exist in a cash transaction, because there is no appraisal requirement, no inspection contingency unless we choose to have one, and no underwriter who can change their mind in week five.
Days on market works against you the longer it runs
Once a listing has been sitting, buyers start assuming something is wrong with it whether anything is or not. Then come the price reductions, each one confirming the suspicion. An expired listing that goes straight back on the market often performs worse the second time, because the history is visible.
That does not mean relisting is wrong. Sometimes a different agent and a corrected price is exactly right. But if the reason it did not sell was condition, or a title issue, or the fact that you needed to be gone two months ago, relisting just runs the same play again.
If you are selling it yourself and nothing is happening
For sale by owner works when the house is desirable and priced correctly and the seller has time. Where it usually breaks down is exposure. Without the MLS most of the buyer pool never sees it, and the people who do call are often other investors making low offers.
You are welcome to keep trying. If you want a real number in hand while you do, so you know what your floor is, we will give you one and you can go back to marketing it. There is no obligation and no expiration game.
Specific situations we buy in
Each of these gets its own page as we publish them. If yours is on this list, we have bought one like it.
- Listing expired
- Buyer backed out
- For sale by owner with no offers
- Low appraisal
- Failed inspection
- On the market too long
- Avoiding agent commission
- Will not pass FHA or VA appraisal
Two minutes and you will have a number.
We have already selected your situation. Change it if it does not fit.
Step 1 of 3
What people ask us first
My listing agreement has not expired yet. Can I still talk to you?
Talk to your agent first, because your agreement may entitle them to a commission on any sale during the term or shortly after. We do not want to put you in breach of a contract you signed.
Will you match what I was asking on the MLS?
Usually not, and we will be straight about that. A cash as is offer trades price for speed, certainty, and no repairs or fees. Whether that trade is worth it depends on your situation, and sometimes it is not.
The appraisal came in low. Does that set your offer?
No. We do not order an appraisal and we are not bound by one. We run our own numbers on comparable sales and repair costs, and we will show you the math.
How fast can you close after a deal fell through?
Often within one to two weeks, since title work from the failed sale may still be usable. Tell us who handled it and we can sometimes pick up where it stopped.
Maybe one of these fits better
Skip the second listing, today.
No cost, no obligation, and nobody shows up at your door unless you ask them to.