Myth or Truth
Have you ever been flipping through the channels only to find yourself glued to the couch on a HGTV binge-watching session? We’ve all been there watching entire seasons of shows like Property Brothers, Fixer Upper, Love It Or List it, all in one sitting. When you’re in the middle of your real estate theme TV show marathon, you might start to think that everything you see on the screen must be how it works in real life. However, you made need a reality check on real estate reality TV.
Hi, I’m Paula Quinn, your local realtor with RE/MAX Central and today we’re gonna talk about reality TV show myths versus real life.
Myth number one, buyers look at three homes and decide to purchase one of them.
Truth, there may be buyers who fall in love and buy that very first house they see but according to The National Association Of Realtors the average home buyer tours 10 homes as a part of their search. I think that even if you know that that first house you see is the one that you should buy, I usually encourage buyers to look at least three to five more.
Myth number two, the houses that buyers on TV are touring are still for sale.
Truth, everything is staged for TV. Many of the home shown are already sold or off the market.
Myth number three, the buyers haven’t made a purchasing decision yet.
Truth, the truth is since there is no way to show an entire buying process in a 30 minute TV show, TV producers often choose buyers who are just further along in the buying process and have already chosen a home to buy.
Myth number four, if you list your home for sale it will always sell at the open house.
Truth, of course this would be fantastic. Open houses are important to guarantee the most exposure to buyers in your area, but they’re only one teeny tiny piece of the overall marketing plan of your home. Keep in mind that most houses are sold during regular showing appointments and not at open houses. And in fact, only 3% of homes are sold at open houses. Also open houses are most often simply used for agents to meet new potential buyers.
Myth number five, homeowners decide to sell their house after a five-minute conversation.
Truth, similar to the buyers portrayed on the show many of the sellers have already spent hours, if not longer, deliberating the decision to list their home and move on with their lives and home goals.
It’s important to know all the steps of selling your home. Here’s the 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. I would love to sit down and chat with you. Paula Quinn, your local realtor with RE/MAX Central. Remember, I want you to love where you live. Talk to you soon.