A floops is the listing of a property that was recently purchased, but unlike a flip, the goal is less about making a profit than getting out as whole as possible. (The reason for the listing—change of heart, divorce, relocation, health issues…—is irrelevant.) The word was coined after an agent got testy with me about using the term flip for a listing that wasn’t going to make money, and a reader suggested we call it a floops.
Burning Questions
- Why Did the Rosewood Miramar Beach Install Gates?
- How Long Will This Big Pipe Be at East Beach?
- Is Cabrillo Boulevard Going to Be Widened Under Highway 101?
- Was There a Fisherman Inn in Downtown Santa Barbara?
- What Are Those Old Buildings at the Corner of Castillo and Montecito Streets?
- When Will the Coast Village Road Medians Be Completed?
- What’s This Scaffold Structure on Las Positas Road?
Recent Comments
Shop keepers closes two stores. Why are all you experts not analyzing this? Could it be that the greed of landlord's has now reached the… — Jose Luis Riviera
Perfect summary of Angkor. You captured it well. My first visit was over 30 years ago before the disney-esque entrance. On the back of a… — KGS
Ummmmm....CVR is definitely thriving!!! Ask the retailers. There are more tourists willing to spend money (there are many affordable shopping options). Locals have been stopping… — Dave
I’ve bought many great items from A Royal Suite home furnishings! Looking forward to them being on State street so we don’t have to drive… — Suzy
bici centro, at the entrance on olive — bb
Re: the new stoplight at Hermasillo. The northbound exit at Carillo was already closed on Friday, which resulted in a major backup at the new… — Donald
I agree that Sea Change is a fabulous album, but I agree with Erik, funky Beck is the best Beck. That said, I am counting… — Brigitte
It's curious to me that you all think Coast Village Road is thriving. Is it because the goods on the street are more expensive? I… — ES Corchero
The only one upset here is you. You seem to have severe comprehension issues and are insistent on relying on straw man arguments, and arguing… — Bill
Amazing. You get upset at someone using the word immigrant to describe a portion of the population, then get upset that the data that shows… — Sam Tababa