
There is no doubt, that you don’t have to look any further than the MLS to find good deals on investments homes. The Arizona Regional Listing Service (the listing database used by licensed Real Estate Agents) has thousands of bank listings and under priced short-sales. BPO agents do what they can to assess the true value of the property. But let’s face it, it takes years of experience to be able look at a distressed property and accurately estimate the cost of repairs. That particular skill is a mandatory for wholesaler or flippers. No so for the traditional real estate agent. As a result, the MLS offers many more buying opportunities for investors (at least those looking for a deal or ‘steal’) than in years past.
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