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‘We Buy Ugly Houses®, Explained:’ 10 Things to Know About the House Flipping Franchise

HomeLight

As an established player in the cash-buying space, We Buy Ugly Houses® has an interesting history, so we put together this list of fun and fast facts about the company churned up from around the web. We Buy Ugly Houses® was founded by (wait for it) a real estate agent! From there, the business over time went countrywide.

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Century 21 Announces Texas Affiliation

RIS Media

Century 21 Real Estate LLC has announced the affiliation of Amarillo-based brokerage, CENTURY 21 Key Realty. The brokerage is owned and operated by David Velasquez, a veteran (five years of service in the Marines and 10 years in the Navy).

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Tarek El Moussa chased Hollywood to make ‘Flip or Flop’ a TV reality

Inman

The HGTV star and house-flipping expert learned the hard way that nothing in life would be handed to him. But he also learned that by "taking massive action," the possibilities in life are limitless.

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Zillow Offers Failure Proves Value of Real Estate Experts

First Team Real Estate

Their algorithm helped them assess property values in promising neighborhoods so the company could buy and resell homes to make a profit on the house flip. When listing on the open market, family-owned brokerages are able to offer homeowners significant savings Zillow cannot. Why tech can’t hold a candle to a true expert.

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Jobs in real estate without a license

Realty Biz

A house flipper typically purchases a property that needs renovations at below-market prices, updates its condition, and resells it at a higher price. Getting into house flipping isn’t necessarily easy and certainly is not something everyone can do. You might also face some risks as the market sometimes oscillates.

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Where Is iBuying Headed?

RIS Media

Chandon notes that a significant flaw in large-scale algorithmic house flipping comes down to small and sometimes unobserved details that can alter price forecasting. While the housing market is coming down from its feverish activity of the past two years, buyers are still competing for a limited supply of houses.

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HGTV star Kortney Wilson joins eXp Realty in Nashville

Inman

Fans know Wilson from hit HGTV shows like "Masters of Flip" and "Making It Home," where she flipped over 150 homes and transformed spaces with custom designs and renovations. Now, she's joining eXp Realty to expand her business nationwide, a move the brokerage is fully behind.