Using the MLS to our advantage

[Luis Rosario]

Good afternoon everyone,

I've been licensed for about a year and a half but I'm still very curious as to what strategies investor/agents use to look for potential properties on the MLS. I use TREND MLS (as I'm based in Philly).

My question is: What criteria tend to point to promising deals? I tend to search for homes that expired or that are cheaper than the average property. However, are there other important criteria that should be taken into account?