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The best place to locate expired listings is from classified advertising.

A) True
B) False

User Jenniva
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1 Answer

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Final answer:

Expired listings are generally not found in classified advertising but in professional real estate databases such as Multiple Listing Services (MLS), which offer comprehensive information on properties including their transaction histories.

Step-by-step explanation:

The best place to locate expired listings is from classified advertising. False. Expired listings are typically properties that were on the market but did not sell within the contractual period agreed upon between the seller and the listing agent. Instead of finding these types of listings in classified ads, real estate professionals commonly access them through Multiple Listing Services (MLS), real estate databases that contain detailed transaction history. These platforms are specifically designed for realtors and contain a range of valuable information including expired listings, which can be a source for real estate agents to find potential listings to take over.

User Kingsfoil
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