5 Real Estate Reality TV Myths Explained

Are you an avid HGTV watcher?  Do you believe that these shows represent the truth of a real estate transaction?  I wish that my buyers would look at three homes and decide which one to buy!  However, that rarely happens although it has happened on occasion.  The home buying process is lengthy and at times frustrating.  Don’t believe everything you see on these shows.  The article below debunks some of the myths we all see on the “reality” real estate shows.  My best advice?  Contact a professional who will help you through the process and be there with you from start to finish.  The most important thing to look for in your real estate professional is someone you relate to and who listens to your wants and needs and does everything possible to fulfill them with as little disruption as possible to your life.  Call me and let me show you the work of a professional!

 

Courtesy of Keeping Current Matters 2019

5 Real Estate Reality TV Myths Explained | MyKCM

Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of shows like “Property Brothers,”Fixer Upper,” and “Love It or List It,” all in one sitting.

When you’re in the middle of your real estate-themed TV show marathon, you might start to think everything you see on the screen must be how it works in real life. However, you may need a reality check.

Reality TV Show Myths vs. Real Life:

Myth #1: Buyers look at 3 homes and decide to purchase one of them.
Truth: There may be buyers who fall in love and buy the first home they see, but according to the National Association of Realtors, the average homebuyer tours 10 homes as a part of their search.  

Myth #2: The houses the buyers are touring are still for sale.
Truth: Everything is staged for TV. Many of the homes shown are already sold and are off the market. 

Myth #3: The buyers haven’t made a purchase decision yet.
Truth: Since there is no way to show the entire buying process in a 30-minute show, TV producers often choose buyers who are further along in the process and have already chosen a home to buy. 

Myth #4: If you list your home for sale, it will ALWAYS sell at the open house.
Truth: Of course, this would be great! Open houses are important to guarantee the most exposure to buyers in your area, but they are only one piece of the overall marketing of your home. Keep in mind, many homes are sold during regular showing appointments as well. 

Myth #5: Homeowners decide to sell their homes after a 5-minute conversation.
Truth: Similar to the buyers portrayed on the shows, many of the sellers have already spent hours deliberating the decision to list their homes and move on with their lives and goals.

Bottom Line

Having an experienced professional on your side while navigating the real estate market is the best way to guarantee you can make the home of your dreams a true reality.

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