How You Can Use the MLS to Find Motivated Sellers & Get the Top Notch

Over the past 2 decades, investors have found a way to use the MLS online REI strategy to find great properties and close deals. As many more businesses start to transition to an online setting, the MLS Listings serves as a valuable resource for today’s investors.

When working on a scale of implementing a different variety of real estate strategies, hands down investing virtually works with many of those methods; especially with wholesaling, buy and holds, or even fixing and flipping properties. By using the MLS, investors are able to execute the stated methods to make investing virtually in real estate so much easier. I strongly recommend to many of my students to take the MLS Listing and use it to their advantage as it serves as a vital real estate investing tool, whether you're on a virtual or local scale.

So What Exactly Is The MLS?

MLS stands for Multiple Listing Service. This tool is utilized by many investors to easily share information on the homes being listed for sale or potential sales. With this method, real estate agents and even investors can view all of the most recent property activity; you even have access to certain properties’ history.

Most importantly this tool gives you the option to research specific details to shorten your list on the type of homes that are listed. In short, you are able to see the properties listed on the market with details covering how long the properties have been on the market or even your set price range.

How Do You Use The MLS For Investing?

Typically, this tool is utilized by real estate agents to find potential homes for their clients. Investors have managed to find desirable properties on their end, too. The end goal as a real estate investor is to find homes that are listed below their market value or located in places with the potential to spike in value. The MLS helps professionals find homes that match the criteria for real estate investing.

However, if a home has seen one too many days on the market, a wholesaling contract may seem intriguing to your potential seller. When investing, make sure to stay in contact with your seller or the specified listing agent with updates on how you can be of service in the sales portion of the deal.

This tool is a great resource in terms of finding foreclosed properties that would in turn serve as an appealing option for investors to look at. When using the MLS Listing to shorten your list by filtering your criteria, you give yourself a more accurate and realistic list of potential sellers.

Your Newest REI Tool - MLS!

As a real estate investing mentor and coach, I strongly recommend new and seasoned investors to use the MLS Listings to help your business reach its full potential within the real estate investing arena. I can offer you more insight with a step-by-step guide to learning how to navigate through the MLS.

• - Find properties that fall into your specific criteria
• - Have the specified listing agent’s contact information
• - Stay in contact with the listing agent and explain the possible benefits of teaming up    with an investor
• - Set up a contract that states the necessary details for the specific deal
• - At a price range that makes you profit, start and finish the closing process.
• - Repeat this to obtain your next deal

Why Does the MLS Work Well For Real Estate Investors?

Within my 33 years in the real estate field, I’ve never not seen an investing coach teach their students about using the MLS tool to find their potential deals. My colleagues and I have seen first-hand how this system helps real estate deals succeed and close. Many of us have even personally utilized the MLS Listings to help our business flourish. With our combined collective experience, it’s easy to say the biggest pro to implementing the usage of MLS is the feature where you can see the expansive list of properties at one given time. The search tool in the MLS helps you break down your list so that the properties match the specified criteria.

The versatility of the MLS allows for it to work well with many different investment deals. It doesn’t matter if you want to expand into buy and hold properties and add it to your portfolio. All of this plays a vital role in making sure your passive income stays on the rise or by even making a quick buck with the wholesaling strategy.

Especially now with COVID changing so many ways in our existence, the MLS stands true to being a valuable resource to finding great deals in the real estate investing field. You have the option to search the database from the comfort of your own home or office space, whether you’re quarantining or not, the MLS sure does make it easier.

Training To Help You Get Started

If you’re interested in signing up for my online training and start putting the MLS to work for your business, message me and I can provide you with more details. I’ll be able to teach you everything you’ll need to know to start investing.