Expired listing
A listing that came off the market because the listing agreement ran out before the home sold. The seller can relist with the same agent, a new agent, or not at all.
Also called: expired
Related terms
The contract between a seller and a brokerage to sell a home. It sets the price, the commission, how long it lasts and what the agent will do.
A listing the seller took off the market before it sold, while the listing agreement may still be in effect. Sellers do this to pause, make repairs, or rethink price.
How long a home has been listed for sale. A high number can mean room to negotiate; cumulative DOM counts time across relistings.
A cut to the list price after the home has been on the market. It usually signals the home was priced above what buyers would pay.
A home that is currently for sale and taking offers. It has not yet gone under contract with a buyer.