»
S
I
D
E
B
A
R
«
Why Investors Often Overlook Real Estate Listings
October 27th, 2009 by admin

Many investors think that real estate listings will not help them find properties. They think that people with distressed properties will not have time to wait on an agent. There are many investors who decide to spend a great deal of time and money finding leads other ways. They may spend time using bandit signs, 800 numbers and offering rewards for information on deserted properties.

You know that you should never neglect solid sources on leads for investment properties. Real estate listings hold more promise than you might expect. You can determine a certain set of things from a real estate listing. These things could possibly help you spot a good investment.

if they are good, do not neglect free sources of leads. You will be able to use real estate listings to find great investment properties. Always keep an eye open for these flags:

* Houses that have been listed for a long time are good potential targets - For starters, it is possible that the owners are getting nervous. They might not realize that there are options outside of a realtor. They may consider your interest a lifesaver.

* Check for lowered prices - People who drop their asking prices are often motivated to sell. If they had time to spare they would wait it out. If an owner needs to get out, a drop in price may be an indicator.

* 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 happy to be out of the situation that they were in. They also may take a lower offer because they are not paying commission.

* Check out properties that offer owner-financing - Creative financing is by its very nature risky. Usually it involves working with buyers who cannot get bank loans. If a property owner will 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 paper and see how many potential deals you spot in the real estate listings right away.

 Mail this post


Comments are closed

Disclosure Policy: http://www.promocarfridgemagnets.com/ may receive compensation for products or services endorsed on this site. Read More About/Disclaimer/Disclosure HERE.
»  Substance: WordPress   »  Style: Ahren Ahimsa

Switch to our mobile site