Often real estate investors believe that real estate listings are not good lead sources. They believe that owners of distressed home will not want to wait around for an agent. Investors spend a lot of time and money using alternative methods to find deals. These alternatives may include bandit signs, finding deserted properties and running 800 numbers.

But you should never neglect good sources of leads on investment properties. However, real estate listings often hold more promise than you might think. You can determine a certain set of things from a real estate listing. Spotting these things could lead to a good investment opportunity.

Never neglect free sources of deals. Use real estate listings to locate great investment properties. Watch out for these telltale signs:

* Keep an eye out for houses that have been listed a long time - The owners might be getting nervous if a house has been listed for a long time. They may not know that a real estate agent is not their only option. Your contacting them could be a lifesaver as far as they are concerned.

* Check for lowered prices - People who are dropping their asking prices are often motivated sellers. After all, if they had time to spare then they would wait out the buyers. A drop in price can be an indicator that the owner needs out.

* FSBO signs in yards or listings are promising - People who are selling their property on their own may be feeling overwhelmed. They may just be glad to get out of their position. Since they do not have to pay an agent they may take a lower offer also.

* • Properties that offer “creative” or owner-financing - This type of risky financing is always more perilous than bank loans. It may involve working with buyers who do not have enough credit to get a bank loan. If a property owner is willing to take this type of risk they are likely a motivated seller.

It is probably clear now that real estate listings are a great source of leads. Use your local real estate listings to spot some potential deals today.

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