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These days, looking at listings online is one of the first steps buyers take toward eventually owning a home. However, few prospective buyers know what they can do to ensure that they’re zeroing in on the listings that work for them. With that in mind, I’ve brought you four tips on how to get the most out of your MLS search. Keep reading to learn these industry secrets.
Keep your search broad
Often, buyers have the urge to narrow down their search as much as possible, thinking that if they do so they’ll land on the perfect property. The reality is that if you narrow your search down too far, you could end up missing some properties that will suit your needs, but may be slightly outside your search criteria.
In order to avoid falling into this trap, keep your search broad. I recommend defining your search by any must-have features, such as the number of bedrooms and bathrooms or location. Leave wish list features like pools or fireplaces off the list and check for those on a case-by-case basis.
Don’t get turned off by less-than-stellar-photos
There’s no denying that MLS listings with great photos are more appealing. That said, though, less-than-stellar photos shouldn’t be a deal-breaker. After all, the quality of the pictures does not indicate the quality of the home. If you allow poor photos to sway your opinion of the property, you could be missing out on some hidden gems.
Instead, try to get a full understanding of the property before making the decision of whether or not to schedule a showing. Read all the listing information to make sure that it meets your needs and try to look past the image quality to see the home itself. If the quality of the images is the only thing that’s turning you off, consider going for an in-person viewing.
Always read the listing description
In addition to the photos, MLS listings always come with a written description of the property. Too often, buyers have a tendency to skip over that block of text in favor of the eye-catching images. However, the two work hand-in-hand. Agents use the description to give additional information about the property that can’t be expressed visually.
In short, you’ll want to go into the showing armed with more information rather than less. For example, you could find out that the property is a short sale or that the seller is offering a certain amount of money as a concession in exchange for viable offers. Whatever the description says, it’s best to know ahead of time.
Ask your agent for any supporting documents
Did you know that agents get the same listing notifications that you do? Except, their versions often come with some additional information such as any property disclosures or previous inspection results. These supporting documents can often help to give you a more comprehensive picture of the property.
While there’s no point in getting documentation on properties that you know you don’t want to go see, if a particular home captures your interest, ask your agent to send the paperwork along. Having the chance to learn more about the property may make it easier to decide whether or not to submit an offer.