MLS Listing - Finding Motivated Sellers Searching MLS Listings

dmovid01 2011-08-14

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http://www.REIClub.com - The MLS Is A Powerful Tool For Finding Motivated Sellers. Here’s A Quick Video On Using MLS Listings To Find Motivated Sellers...

Customizable search:
- Radius Search
- Property Type
- Subdivision, Section
- Price range from low to high
- DOM

Keywords: (In the ‘Remarks’ section)
- Short Sales: short sale, Give bank time to respond, preapproved by bank, short sale, preforeclosure, notice of default
- REOs: REO, Bank owned, foreclosure(s), HUD, repossessed home
- Expired Listings: motivated seller, simply request “expired listings”
- Handy Man Specials: handyman special, investors delight, rehabbers wanted, needs work, investors welcome, fixer upper

DOM:
- ADOM vs. CDOM - Actual vs. Current
- 0-90 days
- 90-180+ Days - 3-6 month
- Price Reductions vs. DOM

Pricing:
- $/sq.ft - List Price/Sq.Ft
- MLS listings - price reductions
- check specific property histories

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