6. It Causes Financial Stress and Ongoing Costs • Sellers may rely on sales to: o Fund a new home purchase. o Pay down debt. o Free up cash for other goals. • Continuing costs for unsold homes include: o Mortgage payments. o Property taxes (due regardless of sale status). o Insurance premiums. o HOA fees (if applicable). o Utility bills (electricity, water, internet to maintain show ready condition). o Maintenance costs continue as the property remains unsold. o These holding costs can become a financial burden, especially if the seller has already moved out or purchase another home. • Sellers often invest in deep cleaning, Professional staging, Repair or upgrades. • These recurring costs increase financial pressure the longer the home remains unsold, especially if the seller has already moved out or purchased another home. o Should they relist or take the home off the market? o Should they change agents or lower the price? • Time, effort, and emotional energy spent preparing the home feel wasted. • The seller may doubt: o The effectiveness of their agent. o The real estate market. o Their own decisions about selling. 7. It Creates Uncertainty About What to Do Next • After an expired listing, sellers may question:
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