Relist with broker

[Joe Capobianco]

I was watching a video but i think it was out of date since it was in the early 90's and was confused as to what the mans method of flipping and making money was. He specifically said when talking to a real estate broker how words were, "I'm looking for homes that need cosmetic rehabbing, and have a lot of equity in them. I will buy these properties, fix them and re-list them with you." I understand the whole cosmetic rehabbing but was confused once he said he wanted to re-list it with the broker. He can buy the home from the broker, fix it up then sell it back to the broker? Anybody understand what I'm saying or am I making no sense at all.