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
- 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?
- Why Does Street Striping Take So Long to Happen?
- Why Do Rocket Launches Look the Way They Do?
- How Is the San Ysidro Debris Basin Designed to Work?
Recent Comments
Pre-Covid the Carp places were just cooking along when the business park was packed. Its a ghost town up there now and you can see… — Doc Sarvis
No, but thanks for guessing. Actually did that one last March: https://www.sitelinesb.com/where-in-santa-barbara-212/ — Erik Torkells
If folks show up to Food Liaison in Carpinteria - - maybe they can stay open. the town has been lining up - - please… — Leslie Westbrook
The Crack Burrito at Food Liaison was a favorite of mine. They have great food. Sad to see them go but also amazed they hung… — Andy
Ellwood restaurant — Michael
#8 Bibi Ji — B
Hmm, was this at the Karpeles Manuscript Library Museum or the Riviera Frog Wall? — Doug B
Not sure how you missed Queen Cup closing their coffee shop in SY, coupled with today’s news that Lucky Hen Larder is also closing- fall… — Christine!
Showed up for our Valentines’ lunch, only to be turned away (sort of). We were greeted with, “We have no power and no anticipated return… — Michael
Myron Hunt architect in La Arcada — Jennifer Miller