5 ways that HGTV can make my job easier.
Margaret Woda You are spot on about HGTV and my son is living proof. He was
commissioned to design and build a custom deck for a fix and flip investor back
in '07 that was featured on HGTV.
It has subsequently catapulted his
business dramatically into the
high end remodeling and new
build custom home business.
No doubt about it HGTV is an
inspiration to a huge market of
potential buyers and/or sellers not
to mention the myriad RE industry
stakeholders.
5 ways that HGTV sometimes makes my job easier -
There are just as many opinions on this topic as there are belly buttons... no two agents work with the exact same clients, in the exact same market, or have the exact same experiences. From my point of view, however, HGTV makes my job easier.
- Buyers are more willing to make a buying decision after seeing three homes, because that's what they've been trained to do by HGTV.
- Buyers are more comfortable relying on me to negotiate their offer with the listing agent, because that's what they've seen on HGTV.
- Buyers are more likely to consider a less-than-perfect home, because they've seen on HGTV how easy it is to re-do a home completely in just 30 minutes. (Tongue in cheek, of course.)
- Sellers are more willing to make repairs and updates prior to putting their homes on the market, because that's what home sellers do on HGTV.
- Sellers are more likely to invest in staging, because they've seen the before and after difference of staging on HGTV.
HGTV isn't going away any time soon, so we might as well focus on the ways their shows can help us. That makes it easier for us to dismiss the things that may be different in our own market, such as the crowds that always visit that first open house (which rarely happens in my market).
We can learn a lot by asking buyers which show is their favorite.
If it's Property Brothers, for example, I ask if they have anyone to transform a "handyman special" for them. If their answer is "No," then I would ask if they'd prefer to buy one in "before" or "after" condition.
If they prefer Love It or List It, I now ask if they want to stay in their own neighborhood when they move, the way many home owners do on that show. If not, I ask every potential home buyer what they like or dislike about their current neighborhood, because neighborhood does seem to trump home features on Love It or List It. In fact, most Crofton area home sellers really do want to stay in the area - perhaps a bigger or smaller home - unless they're relocating out of the area.
I suggest you tune into HGTV while you're working at the computer and keep one eye on it while you're going down your to-do list... It's a good way to become familiar with what your next home buyer or seller is watching. Chances are it will impact your next home sale!
Margaret Woda - Real Estate The Woda Way
As a licensed Associate Broker in the D.C. - Baltimore - Annapolis area, I specialize in Anne Arundel and nearby Prince George's Counties, Maryland, including Fort Meade, Joint Base Andrews, and the U.S. Naval Academy. If you enjoyed reading this post and want to learn more about Real Estate the Woda Way, please visit my website at Margaret Woda.com or contact me today.
Margaret Woda, Long & Foster Real Estate, Inc. (410)451-6245|MWoda@mris.com
Comments (4)Subscribe to CommentsComment