Episode Transcript
[00:00:01] Speaker A: You are listening to the Realestatepodcast CA, brought to you by JNC Toronto Real Estate Group.
Hello, and welcome back to the Realestatepodcast CA. John Paulson here with Cheryl Mikkelwin and Nicole Norton. We are your hosts and we make up the JNC Toronto Real Estate Group based in Toronto, Canada. The reason I'm saying that is, funnily enough, you were asking us about stats, who's been listening on what platforms. We actually had a Japanese listener on Spotify, so welcome to all of or.
[00:00:38] Speaker B: Maybe not a Japanese listener, maybe someone who's Canadian living in Japan.
[00:00:42] Speaker A: We had someone listening from Japan, let's just put it that way. So before we get into it, our disclaimer and Nicole, you want to handle that today.
[00:00:50] Speaker C: The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entity that we represent.
[00:00:58] Speaker A: Nice. Well done. Thanks for any first time listeners or folks watching on YouTube out there, therealestatepodcast. CA was started by the three of us as a way to hopefully bring some value and information to anyone and everyone who is interested in real estate. We call it real estate for the masses. We also say it's everything you ever wanted to know about real estate, but we're afraid to ask. And our goal has always been to educate and entertain. You say that a lot, Cheryl, right?
[00:01:25] Speaker B: I do. Well, I started that little saying, if you may call it that, when I was doing Insta stories, because I didn't want to come off too real estatey and too wordy. But I also didn't want to be too silly. So I was like, how can I do both? I can entertain and I can educate at the same time.
[00:01:42] Speaker A: Careful balance, I think. Right?
[00:01:44] Speaker B: And if you're being entertaining while educating, people are more likely to learn and.
[00:01:48] Speaker A: Listen, they won't switch you off because how many of us have had that teacher in school?
[00:01:53] Speaker C: I was just thinking that hopefully you're.
[00:01:57] Speaker A: Not doing that to us. Faithful listeners, are we projecting? Maybe?
[00:02:02] Speaker B: Are you a faithful listener?
[00:02:04] Speaker A: Speaking of entertainment, our topic for today is reality shows.
[00:02:10] Speaker C: Real estate reality.
[00:02:12] Speaker A: That's right. Let's be clear, it is real estate reality shows. And why are we doing this, Cheryl? Why did we choose this as a topic? Not to put you on the spot.
[00:02:21] Speaker B: I mean, I think that it's because I particularly I don't know about you two, but I've been asked by multiple of our clients and probably our friends as well, if we watch it, which is generally a no. And is it real? And that's what actually made me interested, especially selling Sunset, because that's the one we get asked about the most. Maybe I should watch an episode or two just to see how real kind of like the cruise ship Below Deck. People ask us that all the time. We've not watched Below Deck, but we're like, for sure it's probably real. So I wanted to know if the drama was the same. A lot of people asked about the commissions and the houses and the process, which I find doesn't get covered too much in selling sunset. But we thought maybe it would be good for A, us to watch them all, and then B, have a fun.
[00:03:04] Speaker A: Podcast because we've done a few heavier and really in depth topics already. The one about multiple offers or bidding wars that was pretty heavy, and I'm.
[00:03:13] Speaker B: Sure we'll do more heavy ones.
[00:03:15] Speaker A: And then also the one about becoming a realtor, and that one turned out a little heavier than expected.
[00:03:19] Speaker C: And you know what's funny?
[00:03:19] Speaker B: I was thinking about that episode is angry that day.
[00:03:22] Speaker C: I call it the Burrito episode. But if you think about them in conjunction, we went over how, like, we don't even have time to live a normal life, and now we're talking about, well, reality shows. Have we watched them all? Well, listen to the burrito episode. We don't have time to rush our.
[00:03:34] Speaker B: Are you watching them in the car when you're eating your burrito?
[00:03:37] Speaker C: Right. So we're not regular watchers of said TVs. We don't have a lot TVs.
[00:03:43] Speaker A: TVs in general, you find that we're working usually in the evenings and in the mornings and in the weekends. Well, with us saying that we don't really watch TV, what gives us the right? And how can we be authorities in.
[00:03:55] Speaker B: We'Re not we're not being authorities in TV shows. We're authorities. Maybe in real estate. Yes, we're giving our opinion, but we're.
[00:04:03] Speaker A: Doing an episode on real estate reality shows. So I want to point out that we take this podcast seriously. Yes. And so over the past about, well, almost months, we've been working hard. We have been working hard watching reality.
[00:04:15] Speaker C: TV, doing research, hard hitting research on the ground.
[00:04:18] Speaker B: For those of you not watching YouTube, the looks on their faces tells the story that they're both lying.
[00:04:25] Speaker A: Well, none of us watch the personality based, sensational reality shows. I don't think that's any have you.
[00:04:31] Speaker B: Ever watched The Bachelor, Survivor, Amazing Race, like, any of the originals?
[00:04:35] Speaker C: How old? I watched the very first Survivor I did. How old was it? 20 years ago. I was a kid.
[00:04:41] Speaker B: Yeah, it was more 20 years ago.
[00:04:42] Speaker C: So I watched one episode of that.
[00:04:44] Speaker B: This one. Yeah, I watched a couple of seasons.
[00:04:45] Speaker A: You watched we watched a couple of.
[00:04:46] Speaker B: Seasons, but that was literally before there was, I think, reality shows. Now they are what the airways are.
[00:04:52] Speaker A: Right. Well, I want to talk about those weren't really sensational reality shows. I'm talking about Kardashian real Housewives. Yeah. Like things progressed and not necessarily in a good way.
[00:05:02] Speaker B: Yeah. Survivor and The Bachelorete used to be normal folks aiming for whatever it was that they were doing. And now if you watch, I think, Survivor or The Bachelor or Bachelorete, that it is more like the Kardashian the housewives. Like all of the selling sunset, it's selling a lifestyle. It's selling a look. It's letting us peek behind a curtain.
They don't call them reality shows all the time.
[00:05:22] Speaker A: They call them, like, scripted or structured and unstructured. And we'll talk about that because there's emmy categories for reality television.
[00:05:30] Speaker B: Is the hills structured or unstructured?
[00:05:31] Speaker A: The hills is I don't know. I've never watched the hills.
[00:05:34] Speaker B: I've watched the hills. I think it's okay. So I lied. I have andrea bell, if you're listening right. You're at fault for me watching the hills.
[00:05:40] Speaker A: Well, I just want to say know, we all did our research.
[00:05:43] Speaker C: We did.
[00:05:44] Speaker A: You ladies, I think, watched a few more episodes than I did. I dove more deeply into things like the showrunners, how long it's been on for.
[00:05:52] Speaker B: You dove deeply into wikipedia.
[00:05:54] Speaker A: Yeah, I did wikipedia, which is good. I want all of our listeners to know out there that I'm not like, an expert or authority, even though I might sound like one, but I don't.
[00:06:02] Speaker B: Want people to mistake me for hold on. You just play one on TV.
[00:06:07] Speaker A: So after watching a lot know, for example, selling sunset, nicole?
[00:06:12] Speaker C: Yes.
[00:06:13] Speaker A: What are your thoughts? How did you feel after watching?
[00:06:15] Speaker C: Felt like my soul left my body and went away.
[00:06:19] Speaker B: I felt that could be positive, by the way.
[00:06:22] Speaker C: I guess I felt sad and I felt icky. Right. Is that not a common thing? I felt kind of gross.
[00:06:31] Speaker B: I don't think it is common or shower.
[00:06:36] Speaker C: I have all these pages of notes.
[00:06:38] Speaker B: And what was the what season were you watching?
[00:06:41] Speaker A: Selling sunset. Right.
[00:06:42] Speaker C: Selling sunset, whatever the final season was. I believe it's five or six, the most recent.
[00:06:47] Speaker B: But you also watched one episode of season one with us, correct? Yes.
[00:06:51] Speaker C: Yeah. I just found it hard to watch because it's the opposite of what we are, right. Like, we talk about all the time. Cheryl talks about all the time, how we come from contribution and how our whole point of being here as realtors is to help people. And they make it. No bones about it. Their whole point of real estate is making money. Like, I have all these quotes, I want to do 100 million in this business and shut the f up. That's like, literally a quote. Also boobs. Selling boobs.
[00:07:18] Speaker A: Right.
The reason I asked what your thoughts were and how did you feel, because you sent us a screen capture.
It looks like she's doing body shots.
[00:07:30] Speaker B: We were with clients, too, and we get this picture from Nicole.
[00:07:35] Speaker C: It's from a broker's open house. They're doing body shots in dresses that aren't even dresses. They're like pieces of wear. I know, I know. But it's raining today.
[00:07:44] Speaker A: Your text also said it's brutal. I feel like my soul is being sucked from my body.
[00:07:49] Speaker B: So exactly what she just said, it just made me sad. Do you want to know what all of us think of selling sunset before we move on?
[00:07:56] Speaker A: Sure. What do you think?
[00:07:57] Speaker B: No, I'm not totally dissimilar from Nicole, but I always came into this thinking that I've always disliked reality shows in general. So I had no interest in watching it at all. And after I watched that first episode, when I was first asked if I watched it and if it was real, I was like so similar to you. I'm like, this isn't real at all.
The numbers they're putting up there, the way they act, the way they dress, how they work, we literally get up and start on it. I am not wearing high heels to work and then to showings no way. I will wear high heels to certain events or to certain presentations, to a.
[00:08:31] Speaker C: Body shop broke in a broker open house, open houses.
[00:08:34] Speaker B: And this is something we need to point out with all of the shows. Every state and every province has their own rules around real estate. And they're all can be quite different from one another. So how they run things in La is going to be most likely very different than Toronto. Well, not most likely. We know it is because broker open houses seem to be a way that they get business where they're very rare here. And generally it also is an open to the public open house. And they double end and triple end things all the time. And that's going to be illegal come December 1 from state to state and BC. You can't do that at all.
[00:09:08] Speaker A: So multiple representations, what you're talking about there. So, yeah, conflicts of interest.
[00:09:13] Speaker B: Yes. Which also is part of the Ick.
[00:09:15] Speaker A: Right. So your thoughts as well were like the questions that we quite often get asked is, is it really like that? And we can say, not here.
[00:09:23] Speaker B: There is a couple of things where like, oh yeah, we do that or that's real estate. But it was few and far between.
[00:09:29] Speaker C: And it's not prioritized either. Like in a few of the episodes where they're talking about prices and not they don't delve into so the cap rate would be this and this would be a good investment. They're essentially pushing it to the side. Don't pay attention to this, pay attention to boobs.
[00:09:42] Speaker B: But then I'm sure we'll talk about buying Beverly Hills, which is also of the same sort of reality show genre. They do talk more about real estate and they do talk and we're going.
[00:09:53] Speaker A: To get to each of these.
[00:09:54] Speaker B: So entertaining.
[00:09:55] Speaker A: Yeah. You and I have actually watched quite a few structured renovation shows, and we've kind of categorized the two different types of shows into personality driven or renovation driven.
[00:10:05] Speaker B: Right.
[00:10:05] Speaker A: But if you look at the Emmy categories, it is structured versus non structured. Non structured being the sensational, selling sunset, buying Billy Hills, things like that.
So we're going to talk a little bit about both during the podcast today and I'm going to try so we don't go on major tangents, Nicole, and.
[00:10:23] Speaker B: Aren'T like, sorry, you're always jumping ahead.
[00:10:26] Speaker A: But I like that you're eager because I give you just the outline and then I go through the show notes just to make sure that we can cover everything and have a little bit of structure. So let's talk first. I'm going to go through some of the shows we're going to touch on. First of all, with regards to the reality, personality based, which would be the unstructured selling, sunset buying Beverly Hills, the OG million dollar listing, which isn't actually even airing anymore. And then all of the spinoffs, because they've all had a ton of spinoffs. And we're not really going to touch on those. We'll touch on the big ones. Now, for renovation based, or what would be known as structured reality television shows for real estate. And this, I think, where that meme comes into play that you've probably all seen, it's a photo of like, a young couple, and it's like the lady says, I'm a part time vegetable carver, and the gentleman's like, and I'm a full time dog walker. And our budget is $250,000. And let's see what we can do.
[00:11:24] Speaker B: I would think that there's more.
The Canadian shows we watch, I feel, are more realistic, but there are some, I think also, again, different ones depending on the city. I remember watching one in New Orleans and they were buying a house for like 100,000. I'm like, oh my God, you can't buy a parking spot for 100,000 here.
[00:11:40] Speaker A: Absolutely very different. And also you get an idea, even with the Canadian shows, how old it is by the price of the property. So with the renovation based shows, property brothers is one of the biggest ones. Drew and Jonathan. They're great. Well, we'll touch on those. Love It or List It, which is one of our favorite. We watch it all.
[00:11:58] Speaker B: Love it or list it. Vancouver we watched.
[00:12:00] Speaker A: Well, we have also watched the other original Love It or List It.
[00:12:03] Speaker B: I don't like it as much. I think.
[00:12:04] Speaker C: Chrissy or original.
[00:12:05] Speaker B: It's in Toronto, but also in north and South Carolina, I believe.
[00:12:08] Speaker A: Well, their first episode was in North Carolina. But they've gone and done Toronto. They've gone across the United States and in Toronto. Extreme makeover home edition. I used to watch this on cruise ships all the time.
[00:12:18] Speaker B: Is this the one with move that bus.
[00:12:20] Speaker A: Yes, it is.
[00:12:21] Speaker B: What was that guy's name?
[00:12:23] Speaker A: I can't remember.
House Hunters. And that's one that you watched.
[00:12:27] Speaker C: I have watched that with my we've.
[00:12:28] Speaker A: Got Flip or Flop. There's so many.
[00:12:31] Speaker B: I like Chip and Joanna.
[00:12:32] Speaker A: Yeah, that's fixer upper. Flip or Flop is Tarek and forget about that. Yeah, they're a little sensational in their own right. Then you got Good Bones, which is the mother daughter team income Property, which is Scott and Bilbury. And he's also got one called Scott's Vacation Rental.
[00:12:48] Speaker B: Can we talk about that? Scott has chosen us as their trustee, of course.
[00:12:51] Speaker A: Yeah. About a year ago, they approached us and saw that we were doing a lot of business, saw that we had a lot of really good reviews, saw that we did a lot of social media content, things like this, and approached us to be in their trusted agent program.
[00:13:05] Speaker B: And he's a great guy, ty Pennington.
[00:13:07] Speaker A: Ty pennington is the guy. Thank you, Oracle.
[00:13:11] Speaker B: All I did was put Move that bus and it came up.
[00:13:14] Speaker A: So let's talk about selling Sunset. We've already talked a little bit about this show.
Adam Develop is the executive producer. He was also the executive producer.
[00:13:24] Speaker B: Adam develop of the hills.
[00:13:26] Speaker A: So there you go. That's kind of maybe where he got his format.
[00:13:30] Speaker C: Do they have the same feel? Boobs.
[00:13:32] Speaker B: No. The Hills is Laguna Beach, which was high school, and then they followed the high schoolers after graduating. What did their life look like in La?
[00:13:39] Speaker A: Let's talk about Song Sunset, which is the Oppenheimer brothers or is it the Oppenheimer brothers?
[00:13:44] Speaker B: Oppenheim not even.
[00:13:51] Speaker C: Err. Let's turn it into an action.
[00:13:53] Speaker A: Exactly. I'm going to call them the Oppenheimers.
[00:13:55] Speaker C: Like an oppenheimer.
[00:13:56] Speaker B: Just take the er off.
[00:13:58] Speaker A: There you go. The oppenheim brothers. Jason is and has been a top performer, one of the top realtors, not just in Los Angeles, but in top ten in all the United States with regards to volume sold, dollar amount sold. He does a lot of luxury properties. They did a cover story in a Hollywood magazine on them and that's when Adam Devello saw it. And he's like, this should be a TV show. So he approached them and they'd actually been approached by quite a few different people saying, would you like to do a reality show? That we could follow you all around. And they were always saying, no, thank you. Not interested. But I think Adam Devallo tried to pitch it to them. That would be more about real estate. Now, Jason Oppenheim said that in hindsight and seeing what it has become and how it's really affected the lives of the people, it's more focused on people. He probably wouldn't have signed up for it because he thought it was going to be more on the nuance of real estate. We know that it's very little, actually.
[00:14:58] Speaker B: I know that you said he's in it quite a bit in season six just because of the crescell stuff, but in the first season, they aren't really in it.
[00:15:06] Speaker C: And we noted that when they were in it. And they're going through the office drama that really the way it was edited was to show it was the girls all being caddy at their desks, which is not like how it is in here. And then those two guys just sitting on their computers, kind of like rolling eyes and working proper.
[00:15:20] Speaker A: Yeah. I don't know when you watch that. Would you want one of those people to sell your home for you. Are you an expert in real estate or are you really good at selling yourself or selling sex or boobs? Yeah, boobs, right?
[00:15:34] Speaker B: If you want to know where to get your boobs done.
[00:15:36] Speaker A: But it's what gets clicks.
[00:15:39] Speaker B: Yes.
[00:15:40] Speaker C: Very popular. People love it.
[00:15:42] Speaker B: Drama sells. People can sit on the couch. This is also celebrity cells. Yeah, celebrity cells. It's like when we talk about someone who is not fit sitting on the couch, eating popcorn, watching the Olympics and yelling at somebody like, why didn't you get a ten on that? It's that kind of idea, right?
[00:15:58] Speaker C: Yeah, celebrity cells. That's a good way to say it. Because in that whatever season I watched, which I'm going to say is six, they bring on that new girl who's having babies with Nick Cannon. And that sent me down a whole rabbit hole of research, like, oh, should a baby with Nick Cannon?
[00:16:11] Speaker B: And then everyone and every time you two mention something about one of the characters, I'm like, I'll tell you guys something about that character. And you guys ask where I learned. I'm like Entertainment tonight. OVS, I get all my selling sunset information on Entertainment Tonight.
[00:16:30] Speaker A: It's funny looking through Wikipedia with each one of these, especially the unstructured and going through the cast. Many of them are former b list actors, soap actors, models, playboy models. So, yeah, it is more about celebrity. Leads me to believe. Is there a lot in the higher end luxury sales markets in a lot of these cities? You have a lot of former actors, celebrity and celebrities that transition into real estate. I guess it's because they're in the.
[00:16:58] Speaker B: Social circles because you have a network.
[00:17:00] Speaker A: Yeah. Your sphere becomes your social network and who you do business with. And obviously, if they're very wealthy and celebrities, they're going to have multimultimillion dollar homes. So that's going to lead to larger compensation, larger commissions. But it's not necessarily realistic. Just like everything else. That the top 1% to do about 90% of the business or dollar volume anyway.
[00:17:22] Speaker C: And in episode one that we watched, I think the threshold is very low in California, just given what was said on that episode, where one of the act see, I'm already I'm saying an actor, one of the girls said to get my real estate license. All I did was take an adavan for two weeks and at the end there you go. I had a real estate license.
[00:17:40] Speaker B: That feels like something Christine would have said, too.
[00:17:42] Speaker C: Yes, that's the one.
[00:17:44] Speaker A: It's all sensationalism. They want to have a lot of confrontation. One of the characters debated on suing the other. Let me go over my notes here.
[00:17:53] Speaker B: And I want to unselling sunset.
[00:17:55] Speaker A: Yeah, selling sunset.
[00:17:56] Speaker C: Do you think it's Nicole trying to sue Krishell?
[00:18:00] Speaker A: So Nicole sued or tried to sue.
[00:18:03] Speaker C: Ah, look at that. I know so much about these shows, right?
[00:18:06] Speaker A: So Krishell accused nicole of being on drugs, and so she tried to sue her.
[00:18:11] Speaker B: Oh, my god.
[00:18:12] Speaker A: It didn't happen.
[00:18:13] Speaker B: Communication. Talk it through. Okay. Can I make a comment about selling sunset? It felt so fake. This is so set up to try to make the girls fight. This is all obviously to set up drama for the show. And it's also setting the tone of the show that women are caddy and women fight a lot. And it made me feel like I didn't believe the fight. I didn't think it was a worthwhile topic to even cross. But obviously they had no subject matter, so they had to. And you've always got to in anything. Make the protagonist and the antagonist.
[00:18:44] Speaker A: You can't all just be happy and great deals in this. It's not compelling television unless there's some adversity.
[00:18:50] Speaker B: But buying Beverly hills, I haven't found that there is as much of that. Yeah, there's been some fighting, but I feel like they were trying to this is the first season and they're trying to set a tone of, like, a movie or TV show. Like, let's follow where the evil person goes and the good person and does good outwin evil. And can we just see some real estate already? Where in buying Beverly hills they do. Then they're like, let's go see more real estate.
[00:19:15] Speaker A: I just got a couple more things here for selling sunset, and then we'll pop over to buying Beverly hills. It's been quoted by the oppenheim brothers saying that everyone is an exaggeration of who they really are and that's everything editing editing has a big part of it. You said that it's set up. These things are scripted, but even, like, the showings, some of it's not real. Some of it is definitely set up.
Some of the showings are staged.
And it's funny. One quote is when Christine quinn said, this bitch doesn't even cook as she's going through a multimillion dollar property. And it went viral on TikTok. And she was asked about it later and said, well, the owner was not really a client, it was just a friend. So she, I guess, borrowed her friend's property to go show it. She had to confirm that she was not speaking derogatorily about this client.
[00:20:12] Speaker B: That makes sense, right?
[00:20:13] Speaker A: This bitch doesn't even cook.
[00:20:14] Speaker C: Right?
[00:20:15] Speaker B: I would feel comfortable saying that about you, but I would never think that about a client.
[00:20:21] Speaker A: There was also another lady who is on the record for saying that. I never even met them.
[00:20:28] Speaker B: Even though they've shown you about it?
[00:20:29] Speaker A: Yeah, well, I did a little research on that. She actually did hire Jason.
[00:20:32] Speaker B: Okay.
[00:20:33] Speaker A: And she yeah, she thought it would be a good thing to do with all the publicity for the show. And then she was actually away when the underlings went and showed the property. Next thing you know, she sees her property on the show and she's like, I've never even met these people. And the things that they were saying was not necessarily true with regards to the client and the article that I read, the property was no longer under contract with the Oppenheim group.
[00:21:00] Speaker B: Kicking himself.
[00:21:01] Speaker A: Who knows? It was up for rent. So, anyway, it didn't sell at the end of the day. So that's selling sunset. Moving on to then a more recent show, buying Beverly Hills. It's Mauricio, Umanski, and his family.
[00:21:16] Speaker C: I like him.
[00:21:20] Speaker B: I read a comment somewhere that someone's.
[00:21:22] Speaker C: Like and he's Mexican.
[00:21:24] Speaker A: Is he Mexican? Wow.
[00:21:25] Speaker C: I believe so.
[00:21:26] Speaker A: Okay. Interesting.
So people might have been familiar with him because his wife is Kyle Richards. She's a real housewife of Beverly Hills.
[00:21:35] Speaker B: Apparently, they wear agency hats in Beverly Hill or the housewives of Beverly Hills.
[00:21:39] Speaker A: Okay.
[00:21:39] Speaker B: They're currently separated, guys, as of September 30, 2023. I looked up where he's from, and the first thing that came up is maria says he and Kyle Richards are currently separated.
[00:21:49] Speaker A: Interesting.
Not really. Anyway, I'm not interested. There might be other people that are interested. It's been called succession meets Selling Sunset, because nepotism. What do you think?
[00:22:02] Speaker B: Obviously, Alexia and Farah are Mauricio's children. And Farrah works really harder. At least this is the way that they she's more experienced, right? Yeah. And she is always at her desk, always doing work. They make it look in the way that they edit it, that she is a hustler and she's grinding.
[00:22:20] Speaker A: She's a founding member.
[00:22:21] Speaker B: And Alexia is like new bubbly 22 year old. And daddy's like, here, why don't you list a $6 million house of ours like our old house? And everyone else in the office is like, that's weird.
And they have realistic conversations. The conversations around the nepotism. It is, I feel like something we would all be like, really? Like Alexia, but kind of not fair. There's one scene where one of the characters, I think Ben says, can you adopt me and give me $6 million listings to so it deals with nepotism, but I feel like it's not thrown in there to create the drama. Okay. And I'm not sure where I think they're going to be on season three. So I'm not sure where Alexia goes. And we all saw Alexia at a real estate conference that we went to last year.
[00:23:09] Speaker A: She was quite likable.
[00:23:10] Speaker B: Yeah. I like her. And I watch buying Beverly Hills. I probably won't continue to watch it after we do this, but I would say I did not feel icky after watching.
[00:23:20] Speaker C: No. Nor did I.
[00:23:21] Speaker A: Okay. You preferred it.
[00:23:22] Speaker B: There's more real estate.
It's not realistic, but it is kind of realistic. And a lot of the conversations, not just about real estate, but life, feel like real conversations that could be had. There was some drama. Somebody said something behind someone's back, but it felt, like, realistic. And Alexia got started crying, actually, when she was being she's like, so you know it's real.
[00:23:43] Speaker A: Right.
[00:23:43] Speaker B: And she talked to her dad about it. And her dad was like, you know, it's really hard because I'm your dad, but I'm also your boss, and I want to be hard on you, but I also want to be sensitive to you. And that felt real. It wasn't like he wasn't egging her on or anything.
[00:23:56] Speaker A: Got a little more heart.
[00:23:57] Speaker B: Yeah, it does have a little bit more heart, I think.
[00:23:59] Speaker C: There's no heart in no, there's less boobs.
[00:24:02] Speaker A: Okay.
[00:24:03] Speaker C: Temperature out.
[00:24:04] Speaker B: Everyone looks a little normal. It's not overdone.
[00:24:06] Speaker A: Same temperature out. It's the same city.
[00:24:08] Speaker C: That's just it like, could we do boobs in Toronto? No, it's cold. We'll freeze to death.
[00:24:12] Speaker B: That's not think. I mean, maybe some of them have fake boobs, but it's not out loud.
[00:24:17] Speaker C: That's right. Their clothes are clothes, not pieces of string covering their nipples.
[00:24:20] Speaker A: One of the things that he said, Mauricio, is the fact that all of his people, all of his agents, they've been together for quite some time. There's a lot of history. They weren't just plucked and placed like some of the characters in Sunset and Joey and Alexia. They were middle school friends, which I.
[00:24:38] Speaker B: Think they talk about it in the.
[00:24:40] Speaker A: You know, if you look at with the exception of Mauricio's wife being a real housewife and also a celebrity, there's only one other person that has a entertainment background, and that's sonika. She was an American Idol finalist.
[00:24:54] Speaker B: Oh, no way. You know, that actually she's immature, but I like her.
[00:24:58] Speaker A: That's interesting. I got a couple of other interesting tidbits. Someone's suing Netflix for $128,000,000 because of buying Beverly Hills. If you go to Netflix and you look at they may have changed it now, but the thumbnail image promoting buying Beverly Hills is this beautiful property, and it was actually a Shutterstock image, which is stock images that you can buy that I guess the producers of that show for Netflix used. And so they're suing Netflix because they've said that dozens of people have come by their property and knocked on the door and want to be near or in something that was on TV. And so they're suing for emotional distress. Oh, my God.
[00:25:37] Speaker B: Suing culture.
[00:25:38] Speaker A: Yeah, exactly. Loss of income. Because they say they work from home, and they're so distressed, they make a.
[00:25:43] Speaker C: Lot of money if going to the door a few times.
[00:25:45] Speaker A: Can you imagine? Anyway, I think it's kind of been thrown out as something that is a frivolous lawsuit.
[00:25:51] Speaker B: Just start charging.
[00:25:52] Speaker A: They did say that it was never used with permission on Shutterstock. So who's to blame? Is Netflix to blame to the tune of $128,000,000?
[00:26:00] Speaker C: I don't think I guess a judge will decide Shutterstock.
[00:26:02] Speaker B: Maybe something else about buying Beverly Hills is they tour houses, and although the price tags are much higher than what we are accustomed to, they're real houses. Like, they take their buyers to go see stuff that's staged. They go to real broker, open houses. They. Went through the staging process with Alexia on this listing, and I've just watched three episodes, so I've already seen multiple. I saw, like, a $3 million house. I saw a $6 million tear down. I saw a $6 million staged home. I saw a $28 million house, which was beautiful.
[00:26:31] Speaker A: That's great.
[00:26:32] Speaker B: But they tour it and they talk about the staging. They talk about the coffered ceiling. Real real estate. Yes.
[00:26:37] Speaker A: I think it would be geared towards more people that like property, style, architecture, design, with not as much celebrity boobs.
[00:26:48] Speaker C: Still, drama don't like as much boobs. Or maybe they do, but they also like real estate.
[00:26:51] Speaker B: I hope that with the popularity that buying Beverly Hills gets, that they don't turn into selling sunset, because you even see it within selling sunset. Like, some of the characters, people, they get skinnier as each season goes by. They start doing more work because they see themselves and they're under a microscope. And that cannot be easy. Right?
[00:27:11] Speaker C: Yeah. Even us, from watching ourselves on the podcast, get haircuts more regularly.
[00:27:14] Speaker A: That's right.
[00:27:15] Speaker C: When you see yourself on the camera talking, you're like, oh, geez, I have.
[00:27:18] Speaker B: To brush your hair, Nicole.
[00:27:19] Speaker C: My hair. Brush my hair.
[00:27:22] Speaker B: I actually wore a decent so imagine what it's like to get that kind of attention.
[00:27:29] Speaker A: I'm sure it's societal.
[00:27:31] Speaker B: The ones on certain shows, though, if they're aiming for celebrity, I'm sure that they want that. And then there's others who just kind of get pulled into it that I'm sure that it isn't what they want. Even their instagrams. If I may talk about buying Beverly Hills. I went on the agency's Instagram and I went on Jason Oppenheim's. Even their Instagrams are so different.
And Jason's stuff is like the just listed. It's a picture, but then like a massive big bubbly letters just listed. And then everything is so much more like what we would do on the agency's website featuring some properties. It was like, over the top. And real estate mixed with some family, a little bit less ostentatious. So everything that their shows are, even their Instagrams, their personal instagrams were reflective.
[00:28:20] Speaker A: Okay, yeah, that kind of makes sense. Let's move on to one of the OGS for reality reality shows for real estate.
[00:28:28] Speaker B: I've not watched this. If we're going to talk about million dollar risk.
[00:28:30] Speaker A: Yeah. So you've not watched it. Have you ever watched Million Dollar Listing?
[00:28:33] Speaker C: No.
[00:28:33] Speaker B: You've watched it?
[00:28:34] Speaker A: I've watched an episode here and there.
It's been around since 2006. And the original one was million dollar listing in La. And I think it may have been around the same time MTV Cribs. So people wanted to see inside these beautiful homes. From what I remember, it is a little bit more property focused. So it'd be like the properties without the celebrity personalities. You would.
[00:29:00] Speaker B: The show should be called Multimillion Dollar Listing.
[00:29:03] Speaker A: Now, a million dollar Listing, that's most listings in Toronto, if it's freehold but hey, in 2006, it was a little bit different. The other reason that I know about Million Dollar Listing is Ryan Serhant is kind of a real estate pillar in New York. He's well known celebrity realtor, and he sells a lot of high end, 1020 $30 million apartments and condos in New York. He also had a book called Sell It. Like sir hint that I read.
[00:29:30] Speaker C: Yes.
[00:29:30] Speaker A: I thought it was a good read.
[00:29:32] Speaker C: Do you have it?
[00:29:33] Speaker A: I do somewhere.
[00:29:34] Speaker C: Can I borrow it?
[00:29:35] Speaker A: Absolutely. Yeah. I've got a stack of books I.
[00:29:37] Speaker B: Can you're reading again?
[00:29:38] Speaker A: Yeah. Do you know how to read?
[00:29:40] Speaker C: I've got glasses now, so I've gone back to the reading.
[00:29:43] Speaker B: I'm kidding.
[00:29:44] Speaker A: He was actually in, just like oh, yeah?
[00:29:48] Speaker B: Yeah. Because one of the characters in Just Like that is a realtor is a realtor.
[00:29:51] Speaker A: So she's like, well, hey, Ryan. And she actually slept with her client in one of the properties they were showing in, and Just Like that. And Cheryl and I were like, oh, man.
[00:30:00] Speaker B: Yeah. I don't know if that actually happened. I'm sure it does, or it has happened, but there's no gossip about it. This is a tangent.
[00:30:07] Speaker C: I've heard of it happening, like, not people that I knew, but I was reading articles about. Now that many of our clients, people have cameras in their homes.
[00:30:15] Speaker A: They've been catching agents having sex in their property.
[00:30:18] Speaker C: Thank you for saying yes.
[00:30:20] Speaker A: It's terrible. All right, so that is our unstructured real estate reality shows. Let's move on to the renovation based or structured.
[00:30:28] Speaker B: Yay.
[00:30:29] Speaker C: This is our preference.
[00:30:30] Speaker A: Yeah, I think this is all of our preference because, well, we watch a lot of them. You've now started to watch.
[00:30:35] Speaker B: Do you think you want Love it or List it?
[00:30:37] Speaker C: I mean, if I had TV to watch the show, john had to send me a link, which I watched on my computer.
[00:30:43] Speaker A: Yeah, from the Hv website.
[00:30:45] Speaker C: I mean, I physically have a TV. I don't have a TV subscription, but maybe I should get it.
[00:30:50] Speaker A: Maybe.
[00:30:50] Speaker B: Anyone listening want to buy Crave for Nicole? Because we have this conversation because she.
[00:30:56] Speaker A: Really needs to get to know Jonathan and Drew Scott of the Property Brothers.
[00:31:00] Speaker B: Yeah, they're awesome.
[00:31:01] Speaker A: They're probably our favorites. Canadians, both of them. One is a real estate expert. That's what he is quoted as being on their website and Wikipedia. And the other they're twins, by the way. The other is a contractor, licensed contractor. And so it's been around a long time.
[00:31:19] Speaker B: They have different iterations of other shows. They have, like, lots of spin offs of their show.
[00:31:23] Speaker C: Sure.
[00:31:24] Speaker A: And different kind of treatments. But it originally went to helping people buy fixer uppers, working with their budgets, doing a lot of befores and afters, having a little bit of computer generation CAD stuff. So you can see them redesigning moving walls.
[00:31:41] Speaker B: Oh, I love when they do that.
[00:31:42] Speaker A: Yeah, it's really great. I think one of the big things is the money shots in these properties, the renovation ones are the befores and the afters.
[00:31:49] Speaker B: I would say all of these are really based on before and after because they tuck you in. This is what it looks like. You have to watch the whole show to find out what we did.
[00:31:57] Speaker A: Yeah. And literally, if I'm running away to go to the washroom or something like that, I don't want to miss the end because I have to see what.
[00:32:04] Speaker C: It was place you could be going.
[00:32:05] Speaker B: He did mention in the last podcast.
[00:32:08] Speaker A: I spent a lot of time in.
[00:32:10] Speaker B: One of the things I like about the Property Brothers is how real both Jonathan and Drew seem and their conversation, because they're twin brothers. Seems like we're peeking behind the curtain and watching how they would really interact with one another. And I was telling him that I was watching a episode the other day. I got stuck when I was eating lunch. I turned it on and I had to watch the whole thing at the end. And it was in Toronto and he had a puppy to try to sort of because there were two young children that were coming into the home. Like the parents renovated the two young children, but you could tell the sparkle in his eye, he was enjoying engaging with these kids and holding this puppy. And then that's when you said because they're authentic, they're likable it's not the.
[00:32:48] Speaker A: Sensational putting on a show being acty.
[00:32:51] Speaker B: I'm sure some of it is scripted.
[00:32:53] Speaker C: Sure.
[00:32:54] Speaker A: Yeah.
[00:32:54] Speaker B: It has to be. And some of it, I'm sure they get the real reactions and then they get them to walk through know, like john, just one more take.
[00:33:01] Speaker A: Of course.
Can you say this? Because I didn't really get yeah, like.
[00:33:06] Speaker B: I'm sure some of it it has to be that way. But it doesn't feel like that is the basis of it. The way that scripted shows are so.
[00:33:12] Speaker C: Sex cells and authenticity cells.
[00:33:14] Speaker A: Yeah, I think they sell the two.
[00:33:16] Speaker C: Different yes, sorry, two different things.
[00:33:17] Speaker A: Demographics.
[00:33:18] Speaker B: I would be interested to put that out there, actually, because we have some clients, the clients who've asked us about selling sunset and if it's real, who are addicted to it. Do you also watch renovation shows? And if you do, do you enjoy.
[00:33:28] Speaker A: Cheryl, do a story in a poll, property brothers or selling sunset?
[00:33:32] Speaker B: Oh, that's actually really great because they're two very I'm interested to know.
[00:33:37] Speaker A: And then you can push our podcast that's going to be released in a few days.
[00:33:40] Speaker B: Cool. I will put that in my million lists of things to do.
[00:33:44] Speaker A: So love it or list it. You watched your very first episode yesterday. What are your thoughts?
[00:33:49] Speaker C: I love it.
[00:33:50] Speaker B: Or do you list it?
[00:33:51] Speaker C: It was so good. It was so good. I liked the house. And I watched one episode, as John said, so do I have much context for every show. But I found this one so exciting because they flipped the whole house, which is really hard to do. They flipped the whole floor, the whole floor plan, flip it around, moving kitchen to the other kitchen where the master bedroom used to be. And then the old kitchen became a mud room and all this stuff. And then while they were doing it, they found animals in the attic.
[00:34:16] Speaker B: They always find things, by the way, that's just like I feel like they look for the house that's got the most fun things. And you don't have a budget to fix all this animal damage.
[00:34:26] Speaker C: They didn't. So then they had to take out the basement part, which is a huge part of the renovation. And then I was like, you don't.
[00:34:31] Speaker B: Get everything like it because it wasn't get anything.
[00:34:33] Speaker C: And they loved it. And it was so they loved it.
[00:34:36] Speaker B: I thought they listed it.
[00:34:37] Speaker C: No, they loved it. It was so nail biting at the end because I was sure they were going to list it.
[00:34:42] Speaker A: And this is love it or list it. Vancouver, which we yes. Yeah.
[00:34:45] Speaker B: And I was just telling her that Jillian used to be one of the Bacheloretes.
[00:34:49] Speaker A: Well, let me speak a little bit about the two. First of all, the original Love it or List, it was actually a Toronto designer named Hillary Farr and a guy named David Vicentin who's a Southern Ontario realtor. It's David. It's a typo in my notes, so stop reading my notes. Show believe it was David. And they are first episodes of Lover List that were done in North Carolina or South Carolina, but they have done in Toronto as, um so we've watched a few episodes of Love it or List at Vancouver. And I think it's because both of the characters are characters. The hosts, they're just really likable and they're funny.
[00:35:26] Speaker B: They have a really good chemistry.
[00:35:27] Speaker A: Yeah. And so with Jillian Harris, you said that she's most well known for Bachelor and then Bachelorete, but prior to that, she was working in design and she worked at Caban. Remember that store? It was a design store. There was one on Queen West Caban. Oh, it was great. It had furniture, lamps, accessories. It was kind of like creighton barrel, but a little bit more modern. And she also was a designer. She was hired by the owner of Cactus Club Cafe. So she designed a lot of the Cactus Club or helped to design a lot of the Cactus Club Cafe interiors. She was also on Extreme Makeover Home Edition.
And then she became a contestant in The Bachelor. And then the Bachelorete.
[00:36:16] Speaker B: Caban was Club Monaco.
[00:36:17] Speaker A: Oh, was it? Okay, so their furniture their furniture arm of Club Monaco. I had a lot of stuff from Caban.
[00:36:22] Speaker B: It was closed in 2000. Actually, I think all of our chopsticks, black chopsticks, they're from Caban. Yeah.
[00:36:28] Speaker A: And then we've got Todd and everyone thinks Todd He's just the boring realtor. Did you know that Tod Talbot starred alongside Ryan Reynolds in the Canadian TV series Hillside from 91 to 93?
[00:36:41] Speaker B: Interesting.
[00:36:42] Speaker A: Yeah. So again, there's a little bit of.
[00:36:43] Speaker B: Celebrity and our reaction.
[00:36:46] Speaker A: I know.
[00:36:46] Speaker C: I feel like he set it up great for us to be like, no way.
[00:36:49] Speaker A: We were both like, did you never watch Hillside? No. Do you know who Ryan Reynolds is? Yes.
[00:36:53] Speaker B: Okay. There you go. And you're asking Nicole this because she's not a pop culture person?
[00:36:58] Speaker C: Super famous.
[00:36:59] Speaker B: Nicole was born in 1932. She lives there.
[00:37:02] Speaker A: She does live in 32. So for those of you that maybe have not seen the concept for Love and List, that we're just going to go through it really quick because it's our favorite. Basically, you have a family that is living in a home that no longer really suits their needs. It sucks. Yeah. There's things about it they don't like. They've lived there for a really long time. And they may have something, a family member moving in or kids moving out anyway, something along those lines. And they usually have a healthy budget. And I want to talk about the budgets and some of the misconceptions in a little bit. But the budget could be used to try to make their current home much more suitable. And so they go through with a wish list of things they would like to do to that home with the budget that they have. And that's handled with, in this case, the designer and Love It or List at Vancouver. That's Jillian. And so they sit down, she works with her contractor to try to make it so great that they're going to love it. But in the other side of the show is Todd he's the realtor. He takes them around to get them a new property that will fit all of their needs, check all of their boxes. A lot of times it has to do with he'll find a great house, but it won't be in their preferred area. It's further outside. And they'll show three or four properties.
[00:38:13] Speaker C: Usually in roughly the same budget. Right. Value plus.
[00:38:17] Speaker B: No, no, it's not. This what our mortgage broker told her we can afford. This is what our budget is if we stay in this house and renovate. And it's like, which one's going to win out? So they're almost like competing against each other to win the family at the very end.
[00:38:30] Speaker A: They always usually have a glass of wine together.
[00:38:32] Speaker B: Unless Julian's pregnant.
[00:38:33] Speaker C: Unless she's pregnant.
[00:38:34] Speaker A: Correct. And depending on who wins. And the big thing, the big reveal at the end is like, so are you going to love it or are you going to list it?
And then basically, if you list it, that means that you're selling the house and moving into the other one. And I always look at Tod's face and whenever it's like, you're going to love it. I look at it's like, is he disappointed because he doesn't get the transaction? You know what I mean? As a realtor.
[00:38:58] Speaker B: We don't know if they get what the transaction, what their compensation? Yeah, they might be just paid as the host and then whatever happens with real estate doesn't get filtered through them.
[00:39:06] Speaker A: Great show though. And we've sat and watched like four.
[00:39:08] Speaker B: Or five I don't watch a lot of TV and I can go down rabbit holes with Love it or not.
[00:39:13] Speaker A: Because we're interested in that, but also.
[00:39:14] Speaker B: Because once you start at the beginning, you have to know how it ends.
[00:39:17] Speaker A: And the befores and afters of Property Brothers too. It's what it's all about. And we do a lot of befores and afters ourselves. We do a lot of really great engagement.
[00:39:26] Speaker B: And maybe that's why we are so interested in these, probably.
[00:39:30] Speaker C: And also, this is a tangent, but the Vancouver one and I've only watched one. So here I am talking like an authority, but I've only watched one. I found it really interesting. All the properties that I watched, differences in properties in different places, which is interesting to all of us. All the Vancouver houses had closets in the Ensuite bathroom. Interesting?
[00:39:48] Speaker B: No, I think that you've only watched one episode.
[00:39:52] Speaker A: You watched three properties that they were going to.
[00:39:53] Speaker C: That's right. And they ended up walkthrough.
[00:39:56] Speaker B: Maybe not specific to what they were looking for, the type of house they.
[00:39:59] Speaker C: Were looking, maybe just that area or whatever it was. But I was like, that is so you don't see that in Toronto very.
[00:40:04] Speaker B: Often unless it's some of Vancouver most Vancouver homes, and I think you can probably say this as well, don't have full furnace systems for heat. They have electric heat because they don't get as cold in the winter. I remember Corey telling me that it.
[00:40:16] Speaker A: Depends on where they are. If they're in the lower know, if they're further north and they get a lot of snow and they will have.
[00:40:21] Speaker B: One of my friends told me that they didn't have a furnace. And I was like, Monju what?
[00:40:26] Speaker A: It's interesting to watch these renovation shows from all around North America and over in Europe because the heating system construction type so different. You go down to Florida or California, there's like so few basements in any of these properties. Know different construction material styles. And I think when we talk a little bit about our takeaways and why people watch these shows in the first place, a lot of it has to do with people interested in style or construction. There's so many things that can be appealing in these different types of shows.
[00:40:55] Speaker B: You just talked about style of houses and this is sometimes what catches me because I can almost always recognize a Toronto house. And I'm like, I think this is Toronto. And I'll sit down and I'll wait for the sign that it's Toronto. Like yesterday I told you I saw that they a Toronto garbage can.
[00:41:08] Speaker A: I was like, Yep, Toronto taxi going by the window.
[00:41:11] Speaker B: I know that place.
[00:41:12] Speaker C: It does have a unique look, Toronto.
[00:41:14] Speaker B: Especially to people in Vancouver as well. You can watch it and know, like, if it's mountains, there's mountains in the background.
[00:41:19] Speaker A: The fact that the show is called.
[00:41:21] Speaker B: Love It or not, but I don't mean Love It or Property Brothers as an example, because they do it all over the place.
[00:41:26] Speaker A: Canada, we've actually leased a property for a client, and the property was featured.
[00:41:31] Speaker B: On Property Brothers, and the owner was the realtor as well. So she went through and they didn't even do the full main floor, but they did the kitchen living room to the kids room.
[00:41:40] Speaker A: Yeah, they did a nice job, actually, that looked really great. I want to talk about another one that we've watched a few times. And it's almost borderline. It's structured, but it's a little bit more sensational. And I actually kind of like it because they are quite a they well.
[00:41:56] Speaker B: They'Re divorced now, but that was part of what yeah.
[00:42:00] Speaker A: And that is flip or flop. So I'm going to give you the history there's. Tarek El Musa, he got his license when he was 21 years old, in 2002, and met his wife, who was working at the real estate office, christina.
[00:42:15] Speaker B: What was Christina doing at the real estate office?
[00:42:17] Speaker A: Didn't say. I'm not sure if she was an admin or a licensed agent.
[00:42:21] Speaker B: And now can we mention that Tarek is married to somebody on selling budset who looks just like Christina?
[00:42:26] Speaker A: Well, it's super incestuous.
[00:42:28] Speaker C: Who was skinny black girl?
[00:42:29] Speaker B: No, she wasn't skinny in the first season. She's very skinny now.
[00:42:32] Speaker A: And this brings my point back to it being extremely incestuous. All these people selling real estate and swapping wives. Maybe not that heather. Okay.
And so during the 2008 economic downturn, they focused more on flipping houses because the real estate market wasn't doing great. Which is kind of weird that they get into flipping houses because a not great real estate market would affect how much money you're going to make.
[00:43:01] Speaker B: But you can also get stuff you.
[00:43:03] Speaker A: Can you can pick things up at really? You pick up fire sales from people that are really they. I like this show because it covered aspects of the business of flipping houses.
[00:43:15] Speaker B: What is her new show called?
[00:43:17] Speaker A: Christina on the coast. And there's also Christina in the country. After they divorced, she continued her reality TV career.
[00:43:26] Speaker B: They continued Flip or Flop for a little while.
[00:43:28] Speaker A: I know. While they were divorced. Yeah. You could tell there was some tension.
[00:43:33] Speaker B: Even though you could tell it was scripted. You could tell that they were biting each other's heads off. You could see it. Which also is probably part of the.
[00:43:39] Speaker A: Reason why people watch.
It just goes to show how hard it is to work with your significant.
[00:43:44] Speaker B: Other right, cheryl yes. What? I just said yes because you said Right, cheryl but it's not hard. I don't find you that difficult to work with. Go inside.
[00:43:52] Speaker C: You should just go to a different office space.
[00:43:54] Speaker A: I just leave.
Okay, let's go through because I had those three that we were going to talk about, but the list is long. There's a ton of the renovation or structured real estate reality shows. House Hunters usually is. I liked House Hunters International because it's people that were typically going to be moving to another country, and then you.
[00:44:14] Speaker B: Get to see how the other countries are.
[00:44:17] Speaker A: Sure. So you'd see a place, it's like, wow, it's all tiled floor, like, well, that's kind of normal for Spain.
[00:44:22] Speaker C: And so inexpensive compared to our market is often what many people those house.
[00:44:27] Speaker B: Hunters don't have great big budgets. They're not selling a house that's going to give them a lot of money. They're just looking for a lifestyle change. Because I'm like, I wouldn't live there that looks scary. Looks like mice live there. But they're like, no. My whole idea is I need this lifestyle change and I'm going to move to whatever country I'm moving to.
[00:44:43] Speaker A: And with smaller benches, it shows different kinds of properties. It's not all these massive million dollar properties. And with big budgets.
[00:44:49] Speaker C: Think some of the ones that I watched, actually the international ones, a realtor, was very frustrated with the North American climb because they were like, well, I need a big proper washer dryer. And these things that are North Americanized. And they were like, I'm sorry, it just doesn't even exist. It's not a price point issue. It's a culture issue.
[00:45:03] Speaker A: Yeah. And I think they've also done some leases, if I'm not mistaken. They go through and they're looking at rental properties.
[00:45:09] Speaker B: It's not just all, oh, yeah, they have you're right.
[00:45:11] Speaker A: Which makes sense. Especially if they're going to be movie stars. Do leases, john I know they do. Even professional athletes. And we represent quite a few of them. Lease, anyway. Yeah. And Caribbean is another area that I found.
[00:45:25] Speaker B: Caribbean?
[00:45:26] Speaker A: Yeah. Proximity to the beach. I want to see the water. So I enjoy that show. Fixer Upper. Cheryl. You like Chip and Joanna.
[00:45:34] Speaker B: They're just really likable people.
[00:45:35] Speaker A: She's got a nice design.
[00:45:37] Speaker B: Yes. For the fact that they're in Texas, right?
[00:45:40] Speaker A: Yes.
[00:45:40] Speaker B: They just redid I just saw an Entertainment Tonight yesterday. They just redid some huge old 1929 building and made it a hotel. But I like that he's funny.
They have a camaraderie between them. They joke a lot. They're super down to earth, but also.
[00:45:57] Speaker A: Approachable and the antithesis of the cast of selling senses, put it that way.
[00:46:02] Speaker B: Yes.
[00:46:03] Speaker A: Good Bones is a mother and daughter. They get houses that are in really rough shape but have good bones. Hence the title of the show. And finally we've got income. Property. I found this one interesting, that's with Scott mcgillory purchasing properties that would be good investments for his clients to look into, renting the units out. And then he's got a new one now, which we've watched quite a few episodes of called Scott's Vacation Rental. And it's properties that the most recent one that I watched was a family cottage, multi generational. Eventually the parents were going to be moving back to it. But it was tired, so he went through with his designer, Deborah, and they wanted to freshen it up, do some renovations. And so that if they weren't going to be spending a lot of time up there the full season. They could rent it out and help pay know whatever mortgage might be remaining and or have it as a good income property.
[00:47:02] Speaker C: Where is it set?
[00:47:04] Speaker A: He did a really cool one in Niagara Falls. He's done them up.
[00:47:08] Speaker B: I think the majority are in Muskoka, at least the first season. All the ones I watched were Cottage Country or I saw one in Peck as well.
[00:47:14] Speaker A: It's going to be very interesting, though, with a lot of the airbnb rules and certain municipalities. He's going to be able to continue to do these types of for those reasons. For short term rentals.
[00:47:23] Speaker B: Yes.
[00:47:24] Speaker A: At least with income property, he was doing more know, student rentals long term, at least a year.
[00:47:29] Speaker B: The one that was based in Prince Edward County, I think dawn was in it. I think that's why. Yes, dawn was in it. Deb went in and talked to yours.
[00:47:38] Speaker A: She's got a great pottery shop called the Yellow.
[00:47:41] Speaker B: Yeah. If you're in Prince Edward County in Picton on the main street, stop into the Yellow and buy some pottery and say hi to dawn.
[00:47:47] Speaker A: Now that we've gone through a wide variety of different programs, both structured and unstructured real estate reality shows, why do you think people watch? Let's start with the unstructured. The selling sunsets, the buying Beverly Hills. What is the draw, ladies?
[00:48:03] Speaker C: Well, it's like that you can't look, but you can't look away.
[00:48:05] Speaker A: Right.
[00:48:05] Speaker C: It's a train wreck.
[00:48:06] Speaker B: Yeah.
[00:48:07] Speaker C: You don't feel well, but you're also like, god, I got to know, like, what happens next?
[00:48:12] Speaker B: Okay, I was going to say something to that because when we talk about the early days of the Real World and Survivor and does anyone remember Temptation Island?
[00:48:20] Speaker A: Well, I remember seeing the commercials.
[00:48:22] Speaker B: I watched Temptation Island, and it was that I would sit, I'm like, Why are we watching this?
[00:48:26] Speaker C: This is the worst show ever.
[00:48:28] Speaker B: Maybe for escapism. Maybe for voyeurism.
[00:48:31] Speaker C: It's part of a human condition, right. Like, why do people gossip? You gossip about somebody and you don't feel good about it after, and yet.
[00:48:39] Speaker B: You still want to see what happens. Yeah.
[00:48:41] Speaker A: So when I asked you, why do people watch? I also wanted to talk about the takeaways, because I think they're kind of one and the same.
I have here that people are a little bit more into style and design than they used to. And for a lot of the renovation shows, I think that people, because of instagram pinterest, there's more awareness about the style and design aspect of renovations.
[00:49:06] Speaker B: I would agree with that.
[00:49:07] Speaker A: Another takeaway I have is that there's many celebrities that have gone into real estate.
[00:49:14] Speaker C: Many wannabe celebrities, b and c list celebrities. Things don't work out.
[00:49:19] Speaker B: Some of these shows show celebrities homes or rich people's homes, which everybody wants to know what that looks like inside.
[00:49:26] Speaker A: Goes all the way back to cribs.
[00:49:27] Speaker C: We drive oh, I can't believe you brought up cribs.
[00:49:29] Speaker B: We drive down mississauga road, and we are in awe of all these big, beautiful mansion like houses. And now these shows are showing us what these mansion like houses look like inside.
[00:49:38] Speaker A: Absolutely. And these celebrities that are realtors have celebrity friends and clients who have these large, beautiful homes. So it's a way for, I think, us to be able to see inside.
[00:49:48] Speaker C: Behind the because I imagine myself being in these houses. Like, last night, there was $138,000,000 house, and I was like, what would I do if I had a nightclub at my house? If I had a vodka tasting room and I had a wine cellar? Where would I spend more time? I don't know whose house it was. They didn't say whose house it was, but it was fabulous.
[00:50:05] Speaker A: Nice, crazy commissions, because a few of the shows, especially selling sunset, talk about how much money they're going to make. And yes, if you sell a $30 million property, the commissions are going to be up there.
It is for the top 1% of realtors that make these types of commissions. Not for everyone.
People that are asking us, is it really like that? No, it's not. It really is for the vast majority.
[00:50:31] Speaker B: Misguided. No misinformation.
[00:50:33] Speaker C: What were the expenses on it?
[00:50:35] Speaker B: Yeah. What are their cuts? What do they have to pay to the brokerage? They still are making good money, but they aren't showing the nuance behind that, which perpetrates. Perpetrates.
Perpetuates. Thank you. The idea that realtors make too much.
[00:50:51] Speaker A: Money befores and afters, I think, are the money shots, especially for the structured it's my favorite parts to see what these properties end up looking like. I think that's another reason why people watch. It's a takeaway that I have.
[00:51:04] Speaker B: It's a reason why or it's a way to keep people engaged the entire show because they want to see how it ends. At the very end, it's who's the killer.
[00:51:14] Speaker C: It's motivational. It's the opposite of how you feel after selling sunset, where you feel ick, you feel like, wow, look what they did. Maybe I should think about doing something with my house. It looks so fabulous. You feel, like, happy after as opposed to the soul sucked out.
[00:51:28] Speaker A: Yeah. Well, it's interesting that I have here that with extreme makeover, there was a lot of really lovely human stories that people were. In very difficult situations, cried all the time. They were difficult. Finances, health issues. And so ty pennington. Thank you, Cheryl.
[00:51:47] Speaker B: He was awesome.
[00:51:47] Speaker A: Would go and really help these people. They would get a lot of large sponsors that would help them make an amazing property out of what they currently had or even build the one from scratch. So people watched it, watched that show because of the heartstrings. There was a lot of emotion. So would you ladies say that it's unrealistic? And I want to talk really quickly about how it's actually unrealistic in both selling Sunset and buying Beverly Hills in some cases and as well in the Love it or listed the structured ones, the renovation ones, because let's go to those ones. I think that the amount of money and time can be blown out of proportion either way because for someone to have $170,000 budget and to turn around all the things they want to do in a period of, say, three or four weeks is not easy to do for just anyone.
[00:52:38] Speaker B: Are you asking us if that's unrealistic or are you just saying this is why you think it's unrealistic?
[00:52:41] Speaker A: This is why I think it's unrealistic.
[00:52:43] Speaker B: I think that they need to put disclaimers that they have because this can happen. It can happen in that timeline. But your contractor has to be like 100% paying attention to your trades are set up already.
[00:52:54] Speaker C: They got everybody ready.
[00:52:56] Speaker B: And that is not how it usually happens in real life because that contractor is running their own business and they may have multiple projects on the go. So there's days goes by where you don't see anyone in the house. So I think that they need almost to say that this isn't the norm, it can happen this way.
[00:53:11] Speaker A: And problems you run into, there's always contingencies, which I think is one of.
[00:53:15] Speaker B: The more well, they show that.
[00:53:16] Speaker A: Exactly.
[00:53:16] Speaker B: But if you say this was worth 100 and they spent 50 and now the property is worth 180, that's where I find it most unrealistic. Because this property was worth 100, they spent 50. But that 50 may have been spent on things that don't make that big a difference. Sure, now the property is worth 130, property is worth more, but it doesn't always equal or is more than the.
[00:53:36] Speaker A: Amount that you put in renovations and dollars spent on a property are going to net you a positive return. And we talked about that in our last podcast, top Five Updates to do to increase the Value of your Home. I also just want to point out that while I may have seemed like I'm an expert because of all of my notes, it's not because I watch a lot of these shows. It's because I did a lot of research.
[00:53:55] Speaker C: You did some good research.
[00:53:56] Speaker A: Thank you.
[00:53:56] Speaker B: Well, this is what John did. He said, Ladies, we need to watch these shows. And then we watched them, and he just looked at wikipedia.
[00:54:02] Speaker C: I did, but I found what you said interesting.
[00:54:04] Speaker B: Yeah.
[00:54:05] Speaker A: Thank you so much. I'm hoping our listeners and viewers thank you so much. Will find that interesting as well. And it's funny because Cheryl and I were having a chat, and I said, I can't wait till we're just back into real estate topics for the realestatepodcast CA that are things that we know about that we are authorities on this.
[00:54:22] Speaker C: Took a lot of research.
[00:54:23] Speaker B: We're not authorities on this. But the question was posed, is it realistic and do you watch it? And the answer overall was, no, we don't watch it. We decided to dive in and to be able to say, generally speaking, as real as some of them are, they're not realistic. There needs to be some explanation to where the nuance lies.
[00:54:44] Speaker A: So the next time one of our clients asks us selling sunset, so do you watch selling sunset or any of the other shows, we can say, well, funnily enough, you should go to realestatepodcast today and listen to our podcast about, you know, that's about it. Is there anything ladies that you'd like to add before we close this out?
[00:54:59] Speaker B: Should we say our favorite and our least favorite?
[00:55:01] Speaker A: Sure.
[00:55:02] Speaker B: My favorite is love it or list it Vancouver. My least favorite is selling sunset.
[00:55:09] Speaker A: Nicole, she's only watched so too.
[00:55:12] Speaker C: I agree with Cheryl.
I did enjoy watching buying Beverly hills. Thank you. I always want to say purchasing Beverly hills, and I was about to say it. I if I had time to watch TV and I would maybe watch it.
[00:55:25] Speaker B: I said I much enjoyed buying Beverly hills more than I did selling sunset, but I said to you, I'm like, I don't think I'll continue to watch it, though.
[00:55:32] Speaker A: Okay. No, I won't either. And for me, definitely love it or list it vancouver and least favorite. So that's my favorite and least favorite would be selling sunset.
[00:55:40] Speaker B: The reason why you're not going to watch buying Beverly hills or selling sunset is because you'll be busy watching all of the star wars for your 800.
[00:55:47] Speaker A: That's true. We all have our things that we're drawn to.
[00:55:50] Speaker B: That's what you watch over and over.
[00:55:53] Speaker C: What do you do when that happens?
[00:55:54] Speaker B: Watch him and then he starts snoring.
[00:55:56] Speaker A: When he's watching she works.
[00:55:59] Speaker B: So there's lots of times where I have to kick him in bed, be like, you're snoring. Turn that star wars off.
[00:56:04] Speaker A: All right, so we hope you enjoyed our take on real estate reality shows. We know a lot of our clients and listeners love them. We find some of them entertaining, some of them not so much.
[00:56:14] Speaker B: I would say they're all entertaining on some level. That's why they're popular.
[00:56:19] Speaker A: And before we go, our featured local business is just down the street from us again. And that's good behavior.
[00:56:25] Speaker C: Oh, yeah.
[00:56:26] Speaker A: So good. And it just had its first birthday. This location here on the east end. It's a fantastic ice cream. They hand make their really creamy custard based ice cream ice cream. And, oh, my God, they have the most unreal submarine sandwiches, like unreal. Their meatball one is next level run and owned and operated by Michael Lamb and Eric Chow. They both worked at top restaurants in Toronto, including Buca, Ascari, Biblos and the Civic at the Broadview Hotel. So if you want to check them out and you're in the West End, go to three four two Westmoreland Ave. And if you're in our neighborhood, Leslieville, pop by 1324 A Gerard Street East. And don't forget to support local. So thanks again, everyone. Thanks for tuning in. For all of our podcasts, head over to Therealestatepodcast CA, check us out on YouTube. Check us out on socials at JNC toronto Group.
[00:57:21] Speaker C: Okay, bye bye.
[00:57:25] Speaker A: You have been listening to thereeastatepodcast, CA. Visit our website for more episodes and follow us on Instagram, Facebook and YouTube at JNC toronto Group.
