Price Reduced MLS Strategies

[Alex Huang]

I know the MLS is generally regarded as a really poor resource to find good deals. It is picked over and great properties disappear within a matter of days (sometimes hours).

I would love to hear from others on how they utilize the "price reduced" filters on MLS listings to find good deals or targets for low-ball offers.

Personally, I look for houses that have been on market for more than 60 Days and who have also had price reductions within the last 60 days. What does every one else do?