One of the more popular shows on HGTV is House Hunters, where Suzzane Whang highlights the process of a home buyer or a family buying a home who are escorted around to 3 homes by a real estate agent. After seeing the 3 homes and a strategically placed commercial break the home buyer comes to the real estate agent office or works with the agent on the hood of the agents car to fill out a one page contract form. After another strategically placed ad for The Home Depot, viola, the buyer has the home and we get the opportuinty to drop in on them 1-2 months after they have moved into the property they selected. (Somehow, they always get the one that they selected, but I am getting ahead ov myself.) All of this half hour, made for TV house hunting got me to thinking, How authentic is the House Hunter to the actual home buying process?

Over the course of the next few days I will be comparing and reviewing the House Hunter process with the Actual home buying process while showing some of the glaring and subtle differences along with providing some food for thought for potential home buyers.

This is part one of a nine part series.

House Hunters Question #1, House Hunters shows the home buyers working with an agent, how do home buyers select a real estate agent?

When we are shown the home buyer in the show, they are usually describing how there current living situation and conditions are not working out and what they can't stand about their current living arrangements.

Next scene shows the couple with the newspaper spread out in front of them or they are sitting in front of a computer screen randomly selecting properties. While both of these activities do occur, the show eliminates some of the steps that will ultimately end up saving the home buyer lots of time and stress.

In todays internet age, it have been reported in multiple surveys that anywhere from 70-80% of potential buyers begin their home search on the internet. The next step that they take is contacting and selecting an agent to actually show them homes. This brings up two very important factors that buyers need to consider. 1.) Is the agent that they are contacting for a certain proprty already under contract to represent the best interest of the Seller of the home? 2.) Is the agent that they are contacting familiar with the home or area that they are interested in and are they an active agent or are they not very busy and therefore they are just sitting around waiting and hoping that a buyer will call in on an office listing. You see, the average agent in the US sells 2-3 homes per year. That's right, 2-3. If you take the total number of homes sold divided by the total number of licensed agents, you get a number between 2 and 3. This means that alot of agent are not selling any homes. What does that mean to you? You might end up getting stuck with an agent that will be doing on the job training at your time and expense, vs working with a top producing real estate team.

Next, in HGTV House Hunters, we never see the real estate agent that has been picked taking the time to meet with the prospective buyers in the the agents office to find out exactly what the home buyers are looking for and taking the time to explain the whole buying process.

How it really works: Most buyers make the time to interview an agent or agents. The agent will take the time to question the home buyers to find out exactly what they are looking for, explain to them the entire home buying process. While glossed over in the show, these steps are vital to setting up a good foundation for the rest of the Northern Virginia home buying process.