LAS VEGAS – The HGTV hit television series Flip or Flop Vegas has returned for a third season this year, highlighting the unique ups and downs of the Southern Nevada real estate scene with the first of its latest batch of new episodes recently premiered on March 21.
Featuring the exploits of Aubrey Marunde, a Vegas-based real estate expert and designer, and her husband Bristol, a designer, contractor, and former Mixed Martial Artist who has competed in the UFC and Strikeforce, the program sees the couple buy distressed properties and renovate them while a camera crew captures the process from beginning to end. A spin-off of the series Flip or Flop, the program originally debuted on April 6, 2017 and proved to be an instant hit, finding a loyal audience and earning 12.5 million viewers since its premiere.
Season three features an additional 10 episodes in which the Marundes – owners of real estate company Alter Luxury – take downtrodden residences in the region and renovate them in the flashy, well-known style that many have come to expect of Las Vegas. The design aesthetic the Marundes’ bring to their typical flip typically entails lots of chandeliers and lighting and hardware in order to deliver an over-the-top result that has garnered a big demand for the couple’s work. The couple’s time to flip a property averages about three weeks; once on the market, their average sell time is five to seven days.
Due to the strong demand for homes in Vegas, Bristol noted that the experience of flipping homes there – the act of repairing and renovating a house with the intention of quickly selling it for a profit – is a far more intense experience than in many other parts of the country. With the speed in which land is being picked up by developers, she said that a flipper needs to be able to be fast on the draw when it comes to identifying and buying prospective properties; in addition, the properties she and her husband renovate are snapped up at far faster speeds than elsewhere in the country as well, leading to a never-ending supply of fodder for future episodes of their TV show.
Bristol Marunde originally came to be noticed by HGTV via her Instagram page, where she showcased her numerous home renovations; this opened the door for the Marundes to get a shot at their own TV series, High Stakes Flippers, in 2016. Eventually, the concept morphed into Flip or Flop Vegas as the duo attempted to ply their trade – quite successfully – in Sin City itself.
Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.