Are You Ready For the Tsunami of Expired Real Estate Listings in 2023?

U.S. Census Bureau, reports over 750,000 homes are for sale in the United States. Approximately 7% of those listing agreements “expired”, as ArchAgent delivered over 45,000 Expired Listings to our customers on January 1, 2023. If you’ve had any doubts, it’s clear, the market has shifted from a seller’s to a buyers’ market. An estimated 40% of Expired listings - or almost 20,000 - will re-list with a different agent.…