Bonnie Hart

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Home Buying Reality TV Myths vs. Real Life

Posted On: January 18th, 2017 11:24PM

It would be nice if Home Buying and Selling was as easy as portrayed on TV, but it’s a lot more complex and time consuming than it is portrayed.   Check out the Myths below, then call me if you are thinking of buying or selling!

 

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 a minimum of 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 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/or how to respond to the offers. 

 

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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