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Updated over 14 years ago on . Most recent reply

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11
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What keywords should I tell my Realtor to look for in the MLS?

Frederick Jones
Posted

I have a realtor that is willing to do assignments with me. We talked today and she asked me to send her an email with the type of properties I'm looking for. I have watched some real estate investors touch on this subject.

Its just that they didn't go into detail with this topic.

So far I know we should tell them to look for.....

-expired listings
-homes that have been on the market for over 90 days
-As is
-Motivated sellers

I was just wondering if anyone else can tell me if there are more keywords that I should include.

If you guys have any suggestions please post them.

Most Popular Reply

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97
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Jon Frame
  • Investor
  • Lehigh Valley, PA
38
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97
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Jon Frame
  • Investor
  • Lehigh Valley, PA
Replied

Your Realtor will probably not give you the expired listings, that means they are no longer listed and they are not guaranteed a commission.
The biggest thing right now is REO's but you cannot do a typical assignment on those so you should probably look into doing double closes depending on your market. I never really looked for key words. As an example you just tell your Realtor to look for 3+ bedroom properties under 50k in a certain area or zip code.

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