Many times investors think that they will not find leads in real estate listings. They think that distressed property owners will not have the time to wait around for an agent. There are lots of investors who spend lots of time and money finding deals alternative ways. These ways include 800 numbers, bandit signs and stalking down deserted properties.

But you should never neglect good sources of leads on investment properties. The use of real estate listings might yield better results than you expect. You can determine a certain set of things from a real estate listing. These things could help you spot a good potential investment.

Never neglect free sources of deals. You will be able to use real estate listings to find great investment properties. Keep an eye out for the following flags:

* Look for houses that have been listed for a long time - If a house has been listed for a long time, the owners may be getting nervous. They might not realize that there are options outside of a realtor. Your contacting them could be a lifesaver as far as they are concerned.

* Home prices that have been recently lowered - Houses with recent drops in price often are owned by people who are getting more motivated. After all, why take less money if you do not need to sell at all? Drops in price may indicate an owner’s need to get out.

* FSBO (For Sale By Owner) houses are good targets - People who are selling their property on their own may be feeling overwhelmed. They may just be happy to be out of the situation that they were in. Since they are not paying commission they may take a lower offer.

* A good sign is when a property offers owner financing - This type of financing has inherent risk. It frequently involves working with buyers who do not have the credit to get bank loans. If a property owner will take this type of risk they are likely a motivated seller.

You can see now how real estate listings are actually a great source of leads. You can start spotting potential deals in your local real estate listings today.

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