Why do people buy a home? Are the motivations the same for families with small children vs. retirees vs. millennials.Know your motivation. This will help you stay on track with
Have you ever been flipping through the channels, only tofind yourself glued to the couch in an HGTV binge session? Weâ€™ve all beenthereâ€¦ watching entire seasons of â€śLove it or List it,â€ť â€śFixer Upper,â€ťâ€śHouse Hunters,â€ť â€śProperty Brothers,â€ť and so many more, just in onesitting.
When youâ€™re in the middle of your real estate themed showmarathon, you might start to think that everything you see on TV must be how itworks in real life, but you may need a reality check.
Reality TV Show Myths vs. Real Life:
Myth #1: Buyers look at 3 homes and make a decision topurchase one of them.
Truth: There may be buyers who fall in love and buy thefirst home they see, but according to the National Association of Realtorsthe average homebuyer tours 10 homes as a part of their search.
Myth #2: The houses the buyers are touring are still forsale.
Truth: The reality is being staged for TV. Many of the homesbeing shown are already sold and are off the market.
Myth #3: The buyers havenâ€™t made a purchase decision yet.
Truth: Since there is no way to show the entire buyingprocess in a 30-minute show, TV producers often choose buyers who are furtheralong in the process and have already chosen a home to buy.
Myth #4: If you list your home for sale, it will ALWAYSsell at the Open House.
Truth: Of course this would be great! Open houses areimportant to guarantee the most exposure to buyers in your area, but are only aPIECE of the overall marketing of your home. Just realize that many homes aresold during regular listing appointments as well.
Myth #5: Homeowners make a decision about selling theirhome after a 5-minute conversation.
Truth: Similar to the buyers portrayed on the shows, many ofthe sellers have already spent hours deliberating the decision to list theirhomes and move on with their lives/goals.
Having an experienced professional on your side whilenavigating the real estate market is the best way to guarantee that you canmake the home of your dreams a reality!
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