Are you one of the thousands of Phoenix sellers considering pulling your home off the market? You are not alone. According to analysts at Cromford, over 4,700 sellers in the Valley canceled their listings in just two months—1,200 more than this time last year. This major spike in home delistings is forcing sellers to ask the critical question: Should I keep pushing for a sale, or wait it out?
In this @Fox10Phoenix news segment, Real Estate Expert Trevor Halpern dives into the data and the psychology behind this market trend. Trevor confirms that the surge is partly a “return to normal” after years of a hyper-hot, post-COVID market. However, the core issue is that many sellers are aiming for a price they simply cannot get in today’s environment, where high interest rates have dampened buyer activity. For these homeowners, if they don’t need to sell, they are choosing to delist and wait for more favorable conditions, hoping that lower interest rates will bring more serious buyers back.
If you are a seller who must sell now, delisting is not the answer—strategy is. The video highlights a successful client who saw zero offers in three months and pulled his listing, only to relist with Halpern Residential with a complete strategy overhaul (switching agents to Trevor Halpern, new staging, new photos). That home sold the same weekend.
Trevor emphasizes the key to avoiding a failed listing is a strong partnership with your agent. He provides two crucial, actionable questions every seller must ask their real estate agent to ensure success:
1. What is your detailed marketing plan?
2. How will you report back to me that you are hitting all your benchmarks?
Don’t panic and pull your listing. Learn the strategic moves that will get your home sold at the right price, even in a shifting market. Watch now to find out if delisting is right for you.