5 Real Estate Reality TV Myths Explained | MyKCM

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 shows like “Property Brothers,”Fixer Upper,” and “Love It or List It,” all in one sitting.

When you’re in the middle of your real estate-themed TV show marathon, you might start to think everything you see on the screen must be how it works in real life. However, you may need a quick 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 with 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, and some homebuyers tour more than 50 homes before making a decision.  

Myth #2: The houses the buyers are touring are still for sale.
Truth: Everything is staged for TV. Many of the homes 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! Although open houses can be helpful to gain additional exposure to buyers, they are a very small piece of the overall marketing of your home. Keep in mind, the majority of homes are sold during regularly scheduled showing appointments that were generated by aggressive online and social media marketing. 

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 and goals.

Bottom Line

Having an experienced real estate 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. Call The Terry Summerhays Team today at 519-802-8770 to schedule a free consultation and let's get started.