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Updated almost 4 years ago on . Most recent reply

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Shane Boyd
7
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5
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Why don't more real estate agents flip houses if it's so good?

Shane Boyd
Posted

I've been a home inspector for 14 years, and I'm just now getting into flipping houses.  I'm a total neophyte, for now.   But I'm curious about something.  If flipping houses is so good and such a lucrative business, why don't more Realtors do it?

I'm in an area where there are about 4,000 Realtors, but only around 300 members of the local REI group.

I couldn't help but wonder why.

I'm curious to hear what you have to say about it.

Thank you in advance.

Cheers!

Shane

Most Popular Reply

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Patrick Hermans
  • Rental Property Investor
  • North Andover, MA
72
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107
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Patrick Hermans
  • Rental Property Investor
  • North Andover, MA
Replied

@Shane Boyd Probably for the same reason you didn't flip during your first 14 years as a home inspector lol! I also find that a large majority of realtors don't like working with investment properties (there are many reason why that is), so they don't necessarily have the skills to pull off a successful flip.  Another reason may be that a lot of realtors are busy faking it until they make it and putting their own cash down on a flip to try to fake it, isn't something most people are willing to do. 

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