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
“Love it or List it,” “Fixer Upper,” “House Hunters,” “Property Brothers,” and so many more, just in one sitting.
When
you’re in the middle of your real estate themed show marathon, you
might start to think that everything you see on TV must be how it works
in real life, but you may need a reality check.
Reality TV Show Myths vs. Real Life:
Myth #1: Buyers look at 3 homes and make a decision 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: The reality is being staged for TV. Many of the homes being 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 are only a PIECE of the
overall marketing of your home. Just realize that many homes are sold
during regular listing appointments as well.
Myth #5: Homeowners make a decision about selling their home 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/goals.
Bottom Line
Having
an experienced professional on your side while navigating the real
estate market is the best way to guarantee that you can make the home of
your dreams a reality!
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