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TV Real Estate Shows - Effects on Real Estate Industry

By
Real Estate Broker/Owner with 214-317-1964- www.REConcierges.com 0593901

There are countless shows that feature home improvement and real estate investing, which attempt to appeal to entrepreneurial viewers.  

The truth is that many viewers are capable of succeeding in these things but television never really shows how hard the work actually may be. The television cameras do not always show the blood, sweat, and tears that go into making these projects successful and rarely mention the countless complete and total failures that occur along the way. 

The cameras are also not to keen for showing up at 4 am and rolling well after midnight when the work for the day is finished. It doesn't catch the heart attacks and nightmares as credit cards are going dangerously close to being completely maxxed out while dreams of quick riches fade right in front of investor's eyes. 

This does not mean that every project is doomed to failure only that things are not always as rosey as they may appear to be on the television shows. It is very possible to turn a substantial profit in a relatively short amount of time if you keep your cool, use your head, and buy and sell in the right conditions. 

The problem is that so many people do not consider the big picture and find themselves in over their heads and out of money before the project is anywhere near completion.

Fortunes can be made and lost in real estate; the trick is always in placing your bets on the right property at the right time.

Janus Real Estate Group    *    Heather Anderson     *    972-765-3773

 

 

Posted by

 

Heather Anderson, Janus Real Estate Group
p. 214.317.1964  |  f. 866.856.9144

   website:  www.janusREgroup.com  |  email: heather.anderson@janusregroup.com  |  search for homes now

            

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Comments (6)

Mario Gattavara
Coldwell Banker Lifestyle Properties - Oroville, CA
(Lake Oroville Area)

I must agree.

Can you imagine showing 3 homes every time followed by a contract. Only on the shows...

Sep 28, 2010 05:52 PM
Rob Magnotta
Huntington Beach, Newport Beach, Seal Beach, Irvine REALTOR - Huntington Beach, CA
Huntington Beach & Newport Beach Coastal Specialist

Hilarious! The few times I caught those shows, I had to laugh. What's sad is that buyers expect the same thing!

Sep 28, 2010 05:57 PM
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Well the shows from CA don't show the blood sweat and tears but I do remember some flipping/rehab shows that showed the gore and late hours. I, personally like the shows and I admit it would be nice to show 3 and geta contract. Maybe that's what I'll start doing. Hello new buyers, here's how it works, I will show you 3 properties that I have hand picked for you based on your input. When we finish touring the properties we'll sit down and figure our which one to to make an offer on. ROFLMBO Hmmm....

Sep 28, 2010 06:01 PM
Steve Hansen
Coldwell Banker Burnet - Saint Cloud, MN
Coldwell Banker Burnet

There is no reality on reality tv.  The only thing real is how consumers are influenced by tv.  Sad to say.  Thanks for your blog.

Sep 28, 2010 06:13 PM
Maureen Fukumoto
Help-U-Sell Realty Pro - Mililani, HI
Maureen

I think a number of the problems we have seen in the market have been a result of viewers watching how easy it was to make money and they never really considered that there could be a downside. Many buyers I counseled during the bubble market said "if I can't make the payments I can always sell it and make a bundle".  We all know how that turned out.

Sep 28, 2010 10:56 PM
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

The FLIP THIS HOUSE re-runs of Armondo and his crew are now FUNNY in retrospect!  I'm watching Jeff Lewis' new Flipping Out as he has mellowed and is not so caustic with his crew!

Sep 28, 2010 10:57 PM