Ah, the “problems” a seller should have: Multiple offers, escalation clauses in contracts, no financing contingencies, “as-is” takers…
The wanders of a rising market.
I’ve been through several cycles. Enjoy this environment and sell into strength. Make a contingency plan for when the market turns.
Flips and flippers are a net positive in my opinion.
They upgrade the dilapidated housing stock in a neighborhood.
People with low down payment don’t have money to buy low and rehab, so they buy flips that are already upgraded. So, flippers actually provide entry level opportunities.
The fact that banks and government watchdogs don’t particularly like flippers and say they “pray on the poor” is proof that they are doing a good thing. The problem is that, just like with cryptocurrencies, the “wrong people are getting rich”.