What I do (I also work on a real estate website):
Short-term (maybe one or two weeks): Leave as is but have a "sold" banner over the listing.
Afterwards: Delete it.
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Posts made by Jeepster
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RE: What should happen to expired real estate listings?posted in Intermediate & Advanced SEO
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RE: SEO without CMS: Impossible?posted in On-Page Optimization
Many people build custom sites and their SEO presence is just fine... it all depends on what you want out of a website.
Couldn't agree more.