Monday Sep 17, 2007

Is Reality TV on the Same Wavelength as Residential Real Estate?

There’s a lot of hype right now in the media about the housing market both cropping up in news segments and in entertainment programs. While shows like Flip That House were hot last year, a new twist on handling real estate is emerging on television programs such as Designed to Sell, which is more geared toward responsible investment practices that are viable with the current industry.


There was a time when people could bank on buying a fixer-upper, sinking thousands into renovating and selling it for a profit—and quickly—but that’s no longer the reality, and it seems reality TV is tapping into the new trend which is: how to make your existing property a "money house." Whether or not you watch stations like HGTV for home make-over advice, the themes presented are on the right track—offering sellers helpful tips on how to make their properties more marketable and instilling the idea that you do need to spend money to make money. Little improvements and the help of a professional agent can really make the difference on whether that lovingly lived-in home is new home material for the next owner.


On the other end of the spectrum, some programs follow around first-time homebuyers as they meet with a Realtor®, search for the right place, make offers, get counter offers, go through inspections and finally move in. Again, the principles behind the episodes are good ones. They are teaching America’s consumers to be responsible and giving people a first-hand look into what the home-buying process entails—wrinkles and all.


Aside from the magic of television that manages to mash the whole home-remodeling and home-buying experience into half-hour shows, the underlying message is an important one to heed. All along the way trained experts are these people’s advocates, guiding them on the way to their goal, just like Dream Town is here it help Chicago area folks achieve their objective whether it be to buy or sell real estate.

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