Often real estate investors believe that real estate listings are not good lead sources. After all, people who own properties that are attractive to investors probably do not have time to wait around on an agent. There are lots of investors who spend lots of time and money finding deals alternative ways. These alternatives may include bandit signs, finding deserted properties and running 800 numbers.

But any way that you can get leads on investment properties should not be neglected. Using real estate listings can yield better results than you might think. You can learn a lot of important things from real estate listings. You might end up with a great investment opportunity thanks to this information.

if they are good, do not neglect free sources of leads. You can and should use real estate listings to locate good investment properties. You should watch for these types of flags:

* Houses that have been listed for 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. They may feel as if you have thrown them a life preserver.

* • A house that has recently had the price lowered - People who drop their asking prices are often motivated to sell. After all, if you had all the time in the world you would wait for your asking price. A drop in price can indicate that the owners need to get out.

* FSBO signs in yards or listings are promising - It is likely that FSBO owners are overwhelmed. They may just be happy to be out of the situation that they were in. Because they are not paying an agent, they may also be willing to take a lower offer.

* • Properties that offer “creative” or owner-financing - Creative financing is by its very nature risky. It frequently involves working with buyers who do not have the credit to get bank loans. If a property owner is willing to take this type of risk they are likely a motivated seller.

It is likely clear to you now that real estate listings are a good source for leads. Pick up your local real estate listings and start spotting potential deals.

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