You can identify motivated sellers directly on the MLS using Privy's advanced filters and tools. By targeting key property indicators such as price reductions, days on market, and listing status, you can uncover sellers who are ready to negotiate, helping you close more profitable deals.
Find motivated sellers on the MLS with Privy by targeting price reductions, days on market, and key listing indicators
1. Set Your Filters to Identify Motivated Sellers
Go to the Filter tab in Privy.
Use the following search criteria to target motivated sellers:
Days on Market (DOM): Look for properties that have been listed for longer periods (e.g., 30+ days).
Price Reductions: Filter for properties with recent price drops, which often signals seller motivation.
Listing Status: Focus on properties marked as Active or Pending.
Distressed Properties: Identify foreclosure or short sale listings that indicate seller urgency.
Customize additional filters, such as price range, location, or property type, to match your strategy.
Click Run Search to view results.
2. Analyze the Property and Seller Motivation
Once your filtered list is generated, dive into the details of each property to validate seller motivation:
Check Price History:
Look for recent and multiple price reductions over time.
Days on Market:
Longer DOM often indicates a seller who is more open to negotiation.
Property Details:
Review the property description and any notes that might signal seller urgency, such as “must sell,” “motivated seller,” or “bring offers.”
3. Leverage Investor Activity Insights
Use Privy’s tools to identify investor activity in the area, focusing on neighborhoods where investors are actively buying and selling.
These hot zones can increase the likelihood of finding motivated sellers eager to close a deal.
4. Save Your Search and Set Real-Time Alerts
Save your motivated seller search criteria for easy access later.
Turn on deal alerts to get notified when new properties meeting your filters hit the market. This ensures you can act quickly on the best opportunities.
5. Reach Out to the Listing Agent
Once you identify a promising property, contact the listing agent to start the conversation. Properties with motivated sellers often move quickly, so being proactive can give you a competitive edge.
Why Use Privy to Find Motivated Sellers?
Identify Opportunities Faster: Use filters like price reductions and days on market to pinpoint motivated sellers quickly.
Real-Time MLS Data: Access up-to-date listing information, refreshed every 15 minutes.
Investor Insights: Target active investor areas to uncover high-potential deals.
Save Time: Automate your search and stay updated with deal alerts.