Residential Real Estate Listings Basics

An overview of real estate listings for residential property investors

When people want to purchase a home, one of the first resources provided to them is real estate listings. The listings reveal pertinent information about a property to the potential buyer. Any viewer will quickly discover the property's location, home specs and price. A realtor must acquire membership with MLS in order to gain access to more detailed listings.

There is no one source for all listings and each source has the freedom to post whatever information it deems important to get the sale of the home. The Real Estate Transaction Standard facilitates easy communication between all the sources in order to provide the most fluid information with each listing. Residential real estate listings basics not only helps you understand what a listing is but also where to go to access various types of listings.

1. Seek in depth information from a residential real estate agent.

2. Find basic information about residential listings on the Internet.

3. Look in homes for sale classifieds booklets.

Be impressed by enhanced real estate listings

Enhanced listings offer a little more visual impact than traditional property listings. Many times, enhanced listings are interactive which means they will provide a virtual tour. Photographs aid in drawing attention. Online enhanced listings are often presented in a unique, eye-catching format. The hope is that investing in an enhanced listing will pay off by the catch of a bigger pool of interested buyers.

Utilize easy-to-find Multiple Listing Service (MLS) databases for US residential property

A Multiple Listing Service is a listings database. Each MLS has its own specific demands criteria but the same basic information is provided by all homes for sale databases. The listings realtors have access to are more detailed than those offered to the rest of the public. Those more detailed listings require a password to access.

Seek non-traditional databases for a residential real estate listing

Auctions, for sale by owner, rentals and foreclosures are a few of the main alternative listings available. These listings provide alternative variety of properties other than those found on the MLS circuit. Most foreclosed homes listings require a subscription amount to be paid in order to access the property information.
  • Keep current with information and other people who are interested in flipping or rental homes. Consider joining a real estate investment club. This is a great place to network with other investors and meet other professionals to add to your investment team.