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Updated over 7 years ago on . Most recent reply

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Tony Marcelle
  • Bessemer, AL
32
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581
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Ignore MLS leads permanently??

Tony Marcelle
  • Bessemer, AL
Posted

Should MLS leads be completely avoided for real estate investors if they are looking to get a good deal?

Most Popular Reply

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Andrew Johnson
  • Real Estate Investor
  • Encinitas, CA
3,788
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3,286
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Andrew Johnson
  • Real Estate Investor
  • Encinitas, CA
Replied

Tony Marcelle My unscientific perspective would be: either be intentionally quick or intentionally slow. If you can make an offer in the first day/week (and you have some leverage like all-cash) you can use that leverage for a deal. Or you can look at stale listings where (at some point) a seller may realize their price is unreasonable. The formerly "bad" offer starts to look more and more reasonable. Where I have never found success is stumbling upon a 40 day old listing.

Again, that's my personal experience and a tiny sample size.

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