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Updated almost 4 years ago on . Most recent reply
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Why don't more real estate agents flip houses if it's so good?
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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@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.