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Yo_Mama_Been_Loggin

(114,562 posts)
Mon Nov 27, 2023, 01:32 PM Nov 2023

'Unsellable Houses' seeks flippable Snohomish County homes for Season 5

SNOHOMISH — It’s more “twin-win” for the two sisters who put Snohomish County homes in the HGTV limelight. Leslie Davis and Lyndsay Lamb will have a Season 5 of “Unsellable Houses.”

They are seeking homes — and homeowners — to participate in next season’s one-hour episodes where houses go from stagnant to sold.

The plot of “Unsellable Houses” is that the sisters invest their own money into renovating the home, then split the additional profits, minus their investment, with the seller, who is part of the show. Their Snohomish real estate agency, Lamb & Co., gets the listing.

The fourth season of “Unsellable Houses” is airing now, with 13 episodes of homes selling for about $500,000 to $1 million. The series features the county, as the sisters zip around in an orange retro VW van. Viewers learn design tips and color schemes they can use at home. They also learn new words, such as “curbalicious,” for curb appeal.

https://www.heraldnet.com/news/unsellable-houses-seeks-flippable-snohomish-county-homes-for-season-5/

Caught the tail end of their show yesterday after Sunday Night Football. They had remodeled a 1960s split level in Woodinville. It sold for just over a million.

Prices are getting ridiculous in this area.

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'Unsellable Houses' seeks flippable Snohomish County homes for Season 5 (Original Post) Yo_Mama_Been_Loggin Nov 2023 OP
I have watched the show - but I have one major question leftieNanner Nov 2023 #1

leftieNanner

(15,671 posts)
1. I have watched the show - but I have one major question
Mon Nov 27, 2023, 01:42 PM
Nov 2023

The sisters split the increase in value on the house with the homeowner, but do they also charge the 5-6% real estate fee? I think that's a rip off.

Someone I met here in Tacoma is a RE agent who uses his own money to help (mostly older) clients refurbish their homes, like the sisters do, but he only takes his investment back plus the increased real estate commission. The homeowner gets to keep the extra money generated by the sale. It seems like a rip off to me that Lindsay and Leslie take HALF of the increase. Plus, how do they determine the base price?

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