From where can expired listings typically be located?

Expired listings are primarily found in the MLS (Multiple Listing Service) system data. The MLS is a comprehensive database that real estate professionals utilize to share property listings, including those that have been listed for sale but did not sell within their contract period and have subsequently expired. This system provides detailed records of property transactions, allowing real estate agents to access vital information about the listing history, which includes listings that have expired. By reviewing this data, agents can identify potential sellers who may still be interested in selling their properties, providing an excellent opportunity for re-engagement in the market.

Although classified advertising, online real estate databases, and networking events can provide valuable insights into properties, they are not specifically tailored to track expired listings. Classified ads may include current or active listings, and online databases may have some expired information, but they do not present the comprehensive and organized tracking that the MLS offers. Networking events, while helpful for building relationships and obtaining general market information, typically do not provide direct access to listing data such as expired listings. Thus, the MLS system data serves as the most reliable and focused resource for locating expired listings.