A New Movement

In real estate development and management the term flipping is common. Flipping in real estate refers to the practice of buying a property, typically at a low price, making improvements or renovations, and then selling it quickly for a profit. The goal is to increase the property's value through upgrades or market timing, often within a short timeframe, such as a few months to a year. Flippers focus on distressed properties, foreclosures, or undervalued homes, aiming to capitalize on the difference between the purchase price (plus renovation costs) and the resale price. Success depends on market knowledge, renovation efficiency, and accurate pricing. Risks include unexpected repair costs, market downturns, or overestimating the resale value.

The other term is trading up. The specific practice of swapping a lower-value property for a higher-value property, often using refinancing or other financial strategies, is commonly referred to as "trading up" in real estate.

If you remember, about 3 weeks ago, as per this post @infidel1258 and I participated in a deal where he will develop 10 plots, 7 river and 3 bog commons for grain. He did that for 3 weeks, and I offered him an opportunity to flip these plots and trade up for 10 wood plots. If you notice in this tract, there are a lot of swamps. Wood grows in swamp, and swamp also take death and water monsters for a 10% boost, just like Bogs. Infidel preferred that, and he decided to trade up. This is simply because wood is 4X pricey than grain. So with the same monsters and same DEC staked on these land,

• his incentive is about 4X earning (give or take, varies daily on price of course)

• there is no requirement for a bridge loan, because the plots are free to him

• my incentive is to clear as many plots as possible, and collect a very small fee as tax because I own the keep

So Infidel1258 returned these river and bog plots to me yesterday, and took the 10 swamp plots, which he is clearing up right now.

I am a big proponent of dual incentive model from growth business. A business thrives if both parties got mutually beneficial incentives. In this case:

• my incentive is clearing plots and collect some tax
• infidel's incentive is to farm resources without having to pay for the plot

I think this is a scenario where a deal-space can exist!