The Monica Foster Team
Menu
  • Home
  • Buyers
    • Close
    • Properties
      • Search For Homes
      • Request Home Search
      • 24/7 Virtual Open Houses
      • Our Listings
      • New Listings
      • Home Walkthroughs
    • Buyers
      • Buyer Representation
      • Luxury Home Buying
      • New Home Construction
      • Virtual Buying
      • Market Snapshot
      • American Dream TV
    •  
      • Cities / Neighborhoods
      • Schools
      • Relocation
      • Short Sales & Foreclosures
      • Trusted Lenders
    • Buyer Resources
      • Buyer Videos
      • Millennial Home Owner Guide
      • Community & School Reports
      • Area School Districts Facts
      • When Choosing a Home
      • Buyer Negotiation Process
      • Housing Programs
    •  
      • Buying a Home Guide
      • Property Disclosures
      • Ready to Buy
      • Ready to Move
      • Final Walkthrough Checklist
      • Homestead Exemption
      • Real Estate Flow Chart
    •  
      • Title Policy Rates
      • Contract to Close Process
      • Who Pays What?
      • Owning a Home
      • Mortgages
      • Mortgage Rates
      • Property Tax Records
    • Close
  • Sellers
    • Close
    • Sellers
      • Selling Your Home
      • Virtual Selling
      • Luxury Home Marketing
      • Market Snapshot
      • American Dream TV
    •  
      • Value My Property
      • Easy Home Offer
      • Home Offer Consultant
      • Short Sale
      • Expired Listing
      • Relocation Company
    •  
      • Selecting Your Agent
      • Professional Photos
      • 3-D Tours
      • Home Staging
      • Virtual Staging
    • Seller Resources
      • Seller Videos
      • Ready To Sell
      • Priced To Sell
    •  
      • Selling Your Home Guide
      • Ready To Move
      • Contract to Closing
    •  
      • Who Pays What?
      • Remodeling
      • Real Estate Flow Chart
    • Close
  • Raving Fans
  • About
  • Contact
    • Close
    • Social
      • Facebook
      • Twitter
      • Pinterest
    •  
      • Social Wall
      • Blog
      • YouTube
    • Help
      • Ask Us
      • Refer Us
      • Join Us
    • Close

Realty Blog By Monica

Real Estate Realty Shows – Fact or Fiction?

0
January 17, 2017 - Home Buying

Have you ever already been flipping through the channels, only to find yourself glued to the couch in an HGTV binge sessiion watching entire episodes of “ Like it or List it, ” “ Remodeling, ” “ House Hunters, ” “ Property Brothers, ” etc. etc?

When you’ re in the middle of your own real estate themed show marathon, you may start to think that everything you see in the news must be how it works in actual life, but you may need a reality check.  These shows are mostly fiction.  The clients are usually real and usually the home they pick is the one they picked albeit months prior to the show’s filming.  To bust the myths of these shows (they are for ratings after all and most real estate transactions are just not that exciting) here are five primary myths:

Reality TV Show Common Myths vs . Real Life:

Myth #1: Buyers take a look at 3 homes and make a decision to buy one of them.

Reality: There may be buyers who buy the first home they find but this is rare.  According to the Nationwide Association of Realtors the average homebuyer tours 10 homes as a part of their search.  

Misconception #2: The houses the customers are touring are still for sale.

Truth: The reality is these shows are staged for TV and not even the homes considered when the buyers were actually looking. Many of the houses being shown are already sold and are also off the market.  

Myth #3: The buyers haven’ t picked a home yet.

Truth: Since there is no chance to show the entire buying process in the 30-minute show, TV producers usually choose buyers who are further together in the process and have already chosen a house to buy. In many cases they have already closed on their home.   

Myth #4: If you list your home for sale, an Open House will sell it.

Truth: This would be great if true. Open houses are important to ensure the most exposure to buyers in your area, yet are only a small piece of the overall marketing of your house.  In the day of the internet most buyers find their home online and not at open houses.  In fact most people going to open houses go because their Realtor can’t show them, they are not serious, or are nosy neighbors. Most of the time a home is sold from a scheduled showing with a Realtor.

Myth #5: Homeowners make a decision about selling their house after a 5-minute conversation.

Truth: Similar to the buyers pictured on the shows, many of the sellers have previously spent hours deliberating the decision in order to list their homes and move ahead with their lives/goals.  Selling and buying a home is rarely taken lightly- from the decision to buy or sell to the agent to use.  All should be carefully thought out and done with proper due diligence.

Bottom Line

Getting an experienced real estate professional on your side while navigating the real estate market is the best way to ensure that you can make your perfect home a reality! Let the Monica Foster team help you with buying or selling your next home!

Source: simplifyingthemarket.com

Monica Foster January 17, 2017
Tags:   ClearLakeClearLakeCityclearlakerealestatedickinsonFriendswoodfriendswoodrealestateHomeBuyingHomesForSaleLeagueCityleaguecityrealestatePearlandPearlandRealEstateRealEstateSeabrookseabrookrealestate

RELATED POSTS

NO COMMENTS

Leave a comment Cancel reply

Your email is never published or shared.

SubscribeSubscribe to Blog

Recent Posts

  • Why Moving May Be Just the Boost You Need
  • Fantastic 3BD 2BA Home with Pool For Sale in League City
  • Financial Fundamentals for Homebuyers [INFOGRAPHIC]
  • What Experts Are Saying about the 2021 Job Market
  • Owning a Home Is Still More Affordable Than Renting One

Categories

  • Credit
  • Curb Appeal
  • Decor
  • Financing
  • General Information
  • Green Living
  • Home Buying
  • Home Inspections
  • Home Ownership
  • Home Selling
  • Home Staging
  • Home Walkthrough
  • Insurance
  • Lifestyle
  • Local Area
  • Market Conditions
  • Marketing
  • Mortgage
  • Moving
  • New Construction
  • New Listings
  • News
  • Parks and Recreation
  • Property Taxes
  • Quality of Life
  • Remodeling/Home Improvement
  • Rent vs. Buy
  • Schools
  • Sold Listings

Archives

Our Social Networks

Our Social Networks

Brokered by eXpRealty

Certified Residential Specialist
Accredited Buyer Representative
Certified New Home Specialist
Accredited Staging Professsional
Certified Luxury Home Marketing Specialist
Seller Representative Specialist

Monica M. Foster

Monica M. Foster
The Monica Foster Team

Houston – Clear Lake – Seabrook
League City – Friendswood
Pearland – Galveston

Main: 346.202.7307

Contact Us

© 2020 Realty By Monica, LLC  • 

Terms of Use  •  Privacy Policy
Texas Real Estate Commission Information About Brokerage Services
Texas Real Estate Commission Consumer Notice