Updated about 2 hours ago on . Most recent reply
Is MLS Flipping Unethical or Smart Business?
A lot of investors argue that flipping distressed properties straight off the MLS pushes prices higher and makes it harder for first-time homebuyers to compete. They say investors are scooping up homes that should’ve gone to families, then relisting them at a premium after cosmetic rehabs.
On the other side, many insist MLS flipping is just smart business, the investor takes on the risk, puts in capital for repairs, improves the home’s condition, boosts neighborhood values, and provides a move-in-ready product that buyers want.
Some call it market manipulation. Others call it entrepreneurship.
What do other think? is it hurting affordability or adding value to communities?