n. The practice of a real estate agent selling a house and then reselling the contract one or more times before finalizing the deal.
2016
Some Metro Vancouver real estate agents have allegedly been involved in "shadow flipping," or selling a property multiple times before a closing date. As a result, the final price rises by hundreds of thousands and the agent collects commission on each sale.
2016
Earlier on Monday the B.C. NDP's housing critic called for an inquiry into Metro Vancouver's real estate market over the technique known as shadow flipping, under which sales contracts are reassigned, in some instances multiple times, before the sale of a home is closed.
2016
The move comes in response to an investigation by the Globe and Mail which found rampant use of so-called shadow flipping by realtors in the Vancouver market.
2016 (earliest)
Shadow flipping is also known as dark flipping. Also, the "Shadow Flipping" title in the earliest citation only appeared in the print edition, as shown below.
A portion of the print edition front page of The Globe and Mail, February 6, 2016.
A portion of the print edition front page of The Globe and Mail, February 6, 2016.