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what about flipping up the price in real estate?

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Charles Wang 2015-06-11 07:07:18
Maybe the creative expression “flipping up the price in real estate” could further boil down to the idiomatic expression “flipping real estate”, as is explained below:
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http://www.flipping4profit.com/Whats_a_Flip.php
Flip or Flipping is a term used primarily in the Real Estate Business to describe purchasing a revenue-generating property and quickly reselling (or "flipping") it for profit.
Profits from flipping real estate come from either buying low and selling high (often in a rapidly-rising market), or buying a house that needs repair and fixing it up before reselling it for a profit.
Under the "fix and flip" scenario, our Consultants will purchase a house at a relatively low price (often deeply discounted from the house's market value).
The discount may be due to the house's condition (e.g., the house needs major renovations and/or repairs) or due to the owner(s) needing to sell a house quickly (e.g., relocation, divorce, pending foreclosure).
The Consultant will (usually) then arrange necessary renovations and repairs, and attempt to make a profit by selling the house quickly at a higher price (closer to market value).
The "fix and flip" scenario is profitable, because the average home buyer lacks the funds to repair and update the house, so they seek out a move-in ready home instead, even if it is a little above market price.
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Michael Wen 2015-06-13 07:43:15
如 Charles 所說的,flip 通常指買一棟狀況很糟的房地產,整修後以高價賣出來賺差價,此意思跟"炒房"不一樣。
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