Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? 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.
TV 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.
TV 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.
TV 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.
TV 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.
Real Estate reality might be a little more tricky than it is on TV but having a Realtor guiding you through the buying and selling process can definitely make the process smoother. Give us a call if you are thinking of buying or selling. We’d love a chance to sit down and consult you on your options and when it is time we’ll be glad to represent you!
Jennifer Bixby is the broker for Don Peterson and Associates Real Estate, 100 E 6th St. Jennifer can be reached at 402-721-9700 for answers to questions regarding your real estate needs.