The New Way to Flip a House: Let Buyers Weigh in Before Renovations

Baltimore builders are taking a new approach to renovating homes. They are letting buyers in earlier in the process and allowing them customize the renovation. Buyers are able to choose countertops, cabinets, colors, tile, and more. This is opposed to traditional ‘flipping’, where an investor purchases the home, puts money in and chooses the style, then tries to sell it. This kind of sales model allows builders to show off their skills and probably more importantly, lets buyers see what they are getting into. This really benefits builders as they are able to pre-sell the homes before they put time, money, and effort into it. Read the full article here: http://business.time.com/2013/06/03/the-new-way-to-flip-a-house-let-buyers-weigh-in-before-renovations/