Everyone knows The Property Brothers, Drew and Jonathan Scott, the tall identical twins from Canada who host several “reality” shows on HGTV, which while entertaining, bear no resemblance to reality or at least the reality of the real estate market in Nashville.
For those of you not familiar with their signature show, Property Brothers, here is a brief rundown.
Jonathan (contractor) and Drew (real estate agent) find demanding buyers their dream home before revealing that it’s priced far above their budget. After delivering the crushing news (and the buyers are shocked, just shocked!!), the brothers convince the buyers that the only way to get their ideal home is to buy and renovate a lower-priced fixer-upper. This is all accomplished in an hour including the obligatory “big reveal.”
FICTIONS POPULARIZED BY THE PROPERTY BROTHERS
- There is an unlimited supply of awful homes in desirable neighborhoods just waiting to be scooped up for a song.
- Prospective home buyers never look at Zillow, their local MLS, talk to their friends, or visit an open house before starting a house hunt.
- After having confessed their strong aversion to a fixer-upper, the buyers unhesitatingly embrace their real estate agent’s advice to undertake a major gut-job.
- Complete home renovations never take more than six weeks.
- Homeowners are thrilled to participate in the renovation whether swinging a sledgehammer or painting a room and never get in the way of the crew or hurt themselves.
- Ugly surprises (mold, corroded plumbing, flimsy foundations) are easily remedied with an influx of cash and minimal tears.
- Ugly surprises never postpone the move-in date.
- It is possible to renovate an entire house including a basement for $20,000. (You do know the prices the boys quote are insane?!)
- After the contractor renovates the house, he cleans and furnishes it too.
Not to say that with the right real estate agent and some reasonable expectations you can’t have a well-scripted home renovation, but better to be prepared for improv!