With time at home for the upcoming holiday break, there is an interesting tidbit of information on the impact of real estate TV shows and irl (in real life) real estate consumers. Most know are those that play on HGTV and TLC, the expectations set by these channels are oftentimes seamless and simple transactions with motivated and responsive parties on all sides.
What buyers oftentimes learn from real estate shows is that once you narrow down what you are looking for, there will only be a select number of potentials for you to look at. Buyers look at more than three houses when deciding on a home and when it comes down to it, the one you make your first offer on may not be the one you get. Additionally, writing the offer is the first step that then initiates a slurry of other steps that must go through prior to the closing actually happening.
On the plus side, watching design shows has instilled a certain amount of design esthetic into the everyday seller. Staging a home is a critical step in selling and if it is staged prior to pictures, the amount of time on the market may be significantly reduced.
The one trend that is soon to be hitting the market in ways that are yet to be seen is the amount of to-be-agents who grew up watching real estate and design tv shows. 2014 is expected to be the largest year of growth for primarily young, tech savvy, new real estate agents. How that will impact the market is to be seen!