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Real Estate vocabulary · Investment & the Market

Flip

Meaning in real estate, with examples

/flɪp/verbCommon term

In real estate, flip means: To buy a property, often improve it quickly, and sell it again within a short time to make a profit.

In Turkish: al-sat yapmak, kısa vadede alıp satmak

How it is used

Informal; used by investors, agents and TV shows. Someone who does this is a flipper, and the activity is house flipping. The profit depends on the purchase price, renovation costs, taxes and how fast the property sells.

Example sentences

  1. He flips two or three houses a year in the suburbs.

  2. They bought the flat off-plan and flipped it before the building was finished.

Common collocations

  • flip a house
  • house flipping
  • fix and flip
  • quick flip
  • fixer-upperAn informal word for a house in poor condition that needs repairs or renovation, usually sold at a lower price because of the work involved.
  • return on investmentThe profit from an investment compared with the money put into it, usually shown as a percentage.
  • off-planBought or sold before the building is finished, or even started, based on plans, drawings and a show flat rather than the real property.
  • appreciateOf a property or other asset, to increase in value over time because of demand, location or improvements.

More terms: Investment & the Market

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