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How to handle expired listings?

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How to handle expired listings?

Key Facts

  • 51% of expired listings re-list with a different agent, creating a massive opportunity for agents who respond first according to Vulcan7 data
  • 40% of expired listings re-list within 30 days of expiration, making speed-to-lead critical in the first month per Vulcan7 research
  • Responding within 5 minutes makes you 100x more likely to contact a lead than waiting 30 minutes based on MIT/InsideSales study of 15,000+ leads
  • The average real estate agent takes over 15 hours to respond, but the first agent to respond wins the client 78% of the time per Infina AI analysis
  • Conversion rates drop 80% within the first five minutes of non-response — under-1-minute responders convert at 9x the rate of 15-minute responders according to Infina AI data
  • Most expired listing decisions happen after the 3rd–5th contact, requiring a 21-day sequence with at least 5 touchpoints per Listing Leads benchmarks
  • Long-tail nurture of 6–18+ month expireds converts at 2–6% per year through quarterly updates and anniversary check-ins based on Listing Leads funnel data
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