Any success in expired MLS listings?

[Chris Taualii]

Hello BP. I got a list of expired MLS listings. Has any investors have any success in reaching out and working a deal with these sellers? Thanks.

[Chris Eaker]

@Chris Taualii

I've thought about this strategy as well. It could be good. The one thing I'd be careful of is most agent listing contracts have a clause in there that says if the property sells within a certain amount of time after the listing is expired or canceled, then the agent is still entitled to a commission. One way around this is to do a sandwich lease option and then exercise the option after that time period has expired. Good luck!