After opening up the search page you can toggle to search for short sales and foreclosure homes. It uses keywords and an algorithm to pick them out of the RMLS.
Another fun search that should yield a list of motivated sellers is this one.
You can search by days listed and, this one surprises me, you can search by the price drops. Transparency grows and grows in real estate. Nothing proves this point more than the recent decision of the RMLS to allow addresses to be shown in IDX feeds.
There are some agents that don’t want addresses so easily available to the public but I disagree. I don’t want to represent both sides of a transaction because it means I really represent no one and I don’t that is explained very well to the clients.