HGTV ‘Flip or Flop’ Hosts Slap Their Faces on Get-Rich-Quick Flipping Seminar

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Step right up Ladies and Gentlemen ...

Step right up Ladies and Gentlemen …

The circus almost never comes to town anymore, but mark your calendars for February. I received an invitation in the mail to attend Tarek and Christina El Moussa’s FREE “Flipping Dallas” real estate class.

I say “free” because they make sure to tell us how much we’re saving:

$147 for each ticket and another $510.97 for their whiz-bang “Quick Start Kit” that includes a FREE MP3 player ($49 iPod shuffle pictured but fine print says “promotional materials may vary in color, model and appearance” so who knows what MP3 player it’ll be), FREE CD containing “50 ways to Find Your Next Flip” and if you’re one of the first 100 attendees, you’re entered to win an iPad (five given out each quarter from the many, many classes full of rubes). A photograph of the booty also shows a book.

If you’re smart enough to spot the irony of giving someone an MP3 player and a CD, you likely don’t need this class. A smart promoter would have preloaded the CD onto the player or put the whole mess onto a memory stick … but I digress.

I'll take my chances with Powerball

I’ll take my chances with Powerball

It’s also ironic that a get-rich-quick seminar is being held at such swanky hotels as the Hilton Garden Inn in Las Colinas, the Holiday Inn Express in North Dallas and the (Ooo-la-la) Days Inn Sherman! Also, suspiciously looking at the schedule, there are two classes scheduled at the exact time in different cities. This leaves me wondering if this is the Tarek OR Christina Show or in fact, neither one.

February 2 Days Inn Sherman 6PM
February 2 Holiday Inn McKinney-Fairview 6PM
February 3 Hyatt Regency Richardson Noon & 6PM
February 3 Embassy Suites Frisco Noon & 6PM
February 4 Grapevine Convention Center Noon & 6PM
February 4 Hilton Garden Inn, Allen Noon & 6PM
February 5 Castle Heights Bijoux Events Center, Waco Noon
February 5 Hilton Garden Inn, Las Colinas Noon
February 6 Holiday Inn Express North Dallas 9AM
February 6 Magnolia Hotel, Dallas 9AM

I vote for neither Tarek nor Christina being on-site because reading the brochure I see, “We have teamed up with local sponsors and personal contacts who will provide you with a truly once-in-a-lifetime opportunity.”

Equally cheesy is the attempt to create scarcity by saying, “This exclusive program is limited to the first 100 registrants,” and that, “If you are not one of the first 100 registrants, your name will be put on a waiting list.” Really? How much you want to bet most of these hotels don’t have a parking lot or a meeting room capable of accommodating 100?

So if everything is free, how do Tarek and Christina make money? I think the back page of the brochure gives a clue. First, the fine print says that this scheme isn’t affiliated with HGTV, “Flip or Flop,” et. al. However, SuccessPath is Tarek and Christina’s company and with prominent Citibank and Chase logos it’s easy to guess who’s underwriting this boondoggle. I’m sure these benevolent financial institutions will be on hand to help rubes attendees fill out all the paperwork to finance their dreams of retiring rich … but only if they have the courage! Ha!

Remember: Do you have an HOA story to tell? A little high-rise history? Realtors, want to feature a listing in need of renovation or one that’s complete with flying colors? How about hosting a Candy’s Dirt Staff Meeting? Shoot Jon an email. Marriage proposals accepted (they’re legal)! [email protected]

Jon Anderson is CandysDirt.com's condo/HOA and developer columnist, but also covers second home trends on SecondShelters.com. An award-winning columnist, Jon has earned silver and bronze awards for his columns from the National Association of Real Estate Editors in both 2016, 2017 and 2018. When he isn't in Hawaii, Jon enjoys life in the sky in Dallas.

6 Comments

  1. A.B. on January 25, 2016 at 5:53 pm
  2. Candy Evans on January 25, 2016 at 11:00 pm

    Jon, great post. Friends are telling me that last weekend a friend went to see Tarek & Christina and they no-showed. They claimed his back was hurt, but then they saw they were in Vegas. So maybe they are using their names to draw people in to a silly seminar that will tell you to buy low and sell high? We can tell you that for free!

    Oh and don’t get me started on rip offs: recently, I’ve been getting these emails “inviting” me to be honored as the best in some damn thing and the “fee” for the first nomination was $300, the “fee” for the second was even more! What a racquet!

    • Jon Anderson on January 25, 2016 at 11:23 pm

      Thanks…and could you hurry up? I’m still waiting for your $300 to make sure you’re honored for “some damn thing.” 🙂

  3. Bill Petrey, Realtor on January 26, 2016 at 1:11 pm

    Do you remember seeing all those “Real Estate Investor Seeks Apprentice – Earn $2000 a Month” bandit signs? I was invited to a real estate seminar that used those signs, and had a similar racket to the Flip or Flop seminar workshop. The seminar I attended can best be summed up as the Amway of Real Estate investing posing as a non-accredited (AKA worthless) Investor University. I thought what they were peddling was humorous, but I quickly noticed I was the only one laughing.

    http://www.reallyrottenrealty.com/blog/seeking-real-estate-investor-apprentice-20000-a-month-seriously/

  4. Karen Eubank on January 26, 2016 at 5:59 pm

    Wow, and here I thought I was so special to be invited! Jon, Candy you’re right we need to go!

  5. Jay Narey, Realtor on January 26, 2016 at 6:46 pm

    Great article Jon. Yes it never ceases to amaze me how many “get rich quick” schemes are out there and sadly how many “rubes” fall for them !!! Hell even some Realtors succumb to some of these Real Estate “gurus” that purport to list 30 FSBOs in 30 days, etc. I am also constantly hounded by companies trying to sell me “leads” selling me “exclusive” rights to this or that zip code—-there is always a $500 to $1000 program fee/charge to learn their “secrets” of course !!! I just laugh and shake my head.

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