“What would TS prices look like if there were no flippers at the auctions?”
They would look the same!! CAR the flippers have nothing to do with setting the price. My goodness the price is set by the investors via BPO and APPRAISALS. Come on now.
Okay lets try this again. Prices, be it at the auction or on the free market are not set by flippers. They are set by the market. [/quote]
The markets are the flippers. The appraisals are using the comps that the flippers are selling.
[quote=SD Realtor]
You have this cast iron cement view that the market is set by sellers when in reality it is set by buyers. [/quote]
Yes. And many of those buyers are investors/flippers.
