Pre-Markets – The Inside scoop on Real Estate Investing
The most common way that buyers access information about properties is by browsing listings on the Multiple Listing Service (MLS). But buyers who want to experience first-hand how buying and selling properties work, or who are taking a gamble on a real estate investment, should try out Pre-Markets. What is a Pre-Market? In the simplest terms, it’s a virtual listing which lists for sale or rent properties prior to their availability on the MLS. They serve as a sort of advance booking service for properties that have already been set for sale or rent on the MLS.
A number of online brokers offer Pre-Markets. They take your credit card details and securely store it on a secure server, so that it can’t be seen by others. Once your application is approved, you’ll find a list of properties – including price guides, photos and more – along with information on their contact information. In the case of the latter, the information also includes a map of the property’s location, allowing you to find it easily even without the help of a map.
Now, let’s talk about the benefits of Pre-Markets. The biggest benefit is that they provide a fast, easy and confidential source of information about available properties. What’s more, they help cut down the time spent on driving around neighbourhoods to visit different ones in person. Moreover, a Pre-Market list also has additional benefits over traditional MLSs. For one, buyers have access to more information than they would by just flipping through the paper. And second, if you don’t like what you see in the paper, you can just call the property manager or owner and find out all about the property from the people who own it.