Real Estate Professionals - Investigate Flipping. Not a practice in Nanaimo, but may have its place with such a shortage of homes on the market. I asked a buyer the other day, " Would you like me to contact the agent who has the accepted offer if they would consider selling his contract" This is still Flipping - but is at an arms length. If the first buyer is willing to give up his rights to make a small immediate profit, and my client gets the home he missed out on???? Where does this leave the original seller, who we can only assume was happy with the contract he entered into. Ponder Ponder!!!