06 Sep 2014

Hey house flippers: Get more creative, or else!

Flipping houses 101 – $#!^ just got realugly house reno

We’ve just about had enough with the generic bullshit that wanna-be house flippers are slapping together these days. Seems as though this hot Seller’s market has tickled the lazy bone in investors.

Guess what: Buyers see right through you and aren’t making offers on your crappy renovations! Home Buyers have been through a lot in the past decade. Well, we’ve reached a tipping point and Buyers have become more educated. Not only are they making stronger buying decisions, they’ve started to realize they may have a bit more power than previously thought.

East of the DVP was prime for flipping a few years back and many took advantage with their boring “home depot” renovations with little thought to how people actually use homes. Now we’re seeing unique, well designed, and thoughtfully planned homes sell for absurd amounts of money…and rightfully so. Why shouldn’t the creativity of a savvy flipper be rewarded? After all the Buyer is being rewarded with a well built, efficient home right?

A warning to you flipper/investors: Get more creative or lose your Buyer and lose your shirt. Stop cutting corners. Spend more time and money in your architects and engineers and hire general contractors that share a common vision. We promise you’ll be rewarded with Buyers’ hard earned money…well the banks mortgage money anyway.

Happy flipping!

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