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,” “Million Dollar Listing,” “House Hunters,” “Property Brothers,” and so many more all in one sitting.
I even brought Mountain Home Living to Rim Country last year, and the process for the buyers was MUCH different than the reality shows portray!
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 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 being shown are already sold and are off the market. In reality, when Mountain Home Living shot in Rim Country, it was more than a year after the buyers had purchased the home and the other two homes while actively on the market, one was already under contract and not available.
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, however is rare in Rim Country! Open houses are effective in some metropolitan areas, and work occasionally in Rim Country, but I believe most homes are sold during regular showing appointments when buyers have been prequalified.
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/goals.
When I meet with a homeowner who is considering selling, we go through all of their goals and objectives in selling, as well as their concerns and have a complete discussion of the pros and cons. This is a serious process for any homeowner, and one that I take seriously and am happy to share my expertise to assist them in making the best decision for them.
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! Please let me know how I can help you.