What a REALTOR® should know when representing a “flipping” client.
- June 5, 2019
- Kristine Beaver
- Comments Off on What a REALTOR® should know when representing a “flipping” client.
By: Joseph G. Urtuzuastegui III
If you’ve ever turned on HGTV you know the intense popularity of flipping homes, both by professionals and amateurs. The appeal is obvious. A seller stands to make a quick buck and a buyer can purchase a home worthy of their biggest Pinterest dreams. As you can imagine, flipped properties are incredibly popular in the Valley, but while it seems like it would be a simple transaction just like every other, a REALTOR® needs to be sure to understand the intricacies of buying and selling “flipped” properties.
*The information provided in this article is of a general nature and reflects only the opinion of the author at the time it was drafted. It is not intended as definitive legal advice, does not create an attorney-client relationship, and you should not act upon it without seeking independent legal counsel.