Real Estate Reality Shows Fire up Expectations - Janice Roosevelt, Keller Williams, PA & DE - jroosevelt@kw.com

By
Real Estate Agent with Rory Burkhart Team, Keller Williams

jroosevelt@kw.com

Philadelphia Inquirer writer Alan Heavens consistently writes great articles on real estate-related matters .  His latest  takes on the changes that Reality TV has brought about regarding  buying a house. And it's true! Who hasn't experienced  that buyer coming into a house and knowing it was "staged."

 And I have been on both sides of the camera for shows going back as far as This Old House, which originated in 1979.

The  net result: more buyers expect more. On the Matt Fetick Real Estate Team we've consistently counseled sellers that  their house needs to reflect those expectations. We offer the services of a certified professional stage

Trouble comes when consumers take their TV lesson too much to heart. There are nuances not covered in ABC's Home Makeover or the many HGTV shows. And most dangerous are those shows about "get rich quick by flipping a house." Of course with the mortgage meltdown, there are fewer resources for some of those projects.

Heavens notes  that these shows have impacted builders and contractors too. Remodeling contractor Jay Cipriani, of Cipriani Builders in Woodbury, NJ observes that homeowners mention products they've seen on TV, and have followed up with Internet research. It means more intelligent conversations between consumer and contractor.

Cipriani notes "A customer recently told us that a product that we had been installing the same way for years was being installed incorrectly," he said. "Sure enough, we checked the manufacturer's website, and those instructions had been changed."

I was chatting with a client in northern Chester County, PA who lives in a large cluster townhome community about 28 years old. She sees the need for a new style of window, based on her TV watching and internet research. She said she's "shot down by the autocratic HOA president everytime she brings up." Her guess is that he doesn't watch much TV and use the internet :) And, its hurting their home values.

 Heavens writes that Design-TV host Angelo Surmelis, whose credits include HGTV's 24 Hour Design and TLC's Clean Sweep, believes the recession shifted the focus of many programs away from the "flipping houses to get rich" strategies that more than a few viewers got caught up in.

"A lot of people . . . learned the hard way that if renovating to flip was not their M.O., and if they didn't have deep pockets like the professionals, they'd fail," Surmelis said. "They discovered that it is harder than it looks, especially if they are over their heads at the start.

"People are now homebodies and have found that these same quick tips can add value to their home and their lives," he said.

Williams sees this attitude among home buyers, "that they can do such and such with a room as they have seen on the TV shows. It has made some people able to see past what is in a home now and what the potential is."

 

Read more: http://www.philly.com/inquirer/home_design/20100521_Reality_TV_changed_the_reality_of_buying_a_house.html#ixzz0oalZBc5k

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Groups:
Keller Williams 'Rainers
Realtors®
The Lounge at Active Rain
The Ninety-ninth Percentile
"Whacked"!!!
Tags:
jrooseveltkwcom
reality tv
real esteate
buyer expectatoins
flipping

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the truck to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
897,331
Jane Peters
Power Brokers Int'l - Los Angeles, CA
Connecting you to the L.A. real estate scene

I never watch these shows and am constantly asked if I do.  They give the buyer unrealistic expectations of what they are going to get for their money and if a house isn't perfect it is overpriced. 

May 21, 2010 03:57 PM #1
Show All Comments
Rainmaker
468,836

Janice Roosevelt

OICP ABR, ePRO,Ecobroker
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the cat to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information