Haven't Seen This Lady At Any Open Houses Lately!!!
They call it "reality tv" when you see these big investors going around and buying property at 50% and selling it at the open house, for full price or more, just a few short weeks after purchase. That's NOT reality. But this is...
I just wrote another post about unrealistic buyer expectations this market. Not surprisingly, some of the responses I received reiterated my frustration with the media in being so instrumental in today's buyers unrealistic perspective of what kind of deal is out there for them in this market. (And, by the way, this post was inspired by one of my wonderful blogging friends Lisa Hill http://activerain.com/lisahillrealtor! )Thanks Lisa!!! As I answered her post to my blog, I realized something.
If we want a REAL REALITY TV show that would show what goes on in the real estate market, we should sell a show to one of those networks called "LOW BALLER" and then the public, all the first time home-buyers, friends and family of buyers and everyone and their mother could see how realistic the practice of low balling is.
Sure, you could get lucky one in a hundred or two hundred offers, but they should take someone "looking for a deal" and have the cameras follow the agent and the client around as they hunt for a deal and then track the progress of the "LOW BALLER" until they actually get one at about 50% of market value. It would test out all of the theories out there.
I think they should make some snooty pseudo-news anchor do all the leg work, too. They are always the ones smiling on the t.v. the first thing in the morning when we get up and telling all of America that they should expect to be able to offer tens of thousands below asking price and get it! They are also saying that buyers should get every concession known to man and that they should expect the best interest rate and the discounted commission and the ultimate power in inspection negotiation...etc...
C'MON MEDIA...put your money where your mouth is! 
ROFLMAO. Hilarious idea. Hey, I'd watch this program. I just had some "low ballers" who I dropped.