Strange But True: Sleep on It!
Posted by Matt Barker on Sunday, August 17, 2008 at 9:05 PM
By Matt Barker / August 17, 2008
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It’s been a while since I’ve written a strange-but-true real estate related post. I feel like this one warrants it though. Though it is certainly strange, it may have its merit!
More and more it seems these days the real estate market is a buyer’s world. In many places, the boom has turned to bust and house prices are falling. Instead of worrying someone else may bid a house out from under them if they take a second too long to think, they are taking their time. So much so in fact, that some would like 24 hours to make the decision. 24 hours of living at the house in a form of “test drive,” that is.
From Florida to California and everywhere in between, people are seeking creative ways to attract home buyers. As discussed earlier in this blog, they’re trying things which would have been unthinkable not too long ago. Have they worked? It’s hard to say. But this method not only has the potential to work, at least one house in California sold after its soon-to-be new owners spent 24 hours alone in the home including a sleepover.
The “sleep on it” idea is such a good idea that HGTV has even made a reality TV show about it. Yes, you read that right. “Sleep On It” is a hot real estate reality show that follows potential buyers as they try out a home before deciding to buy it or not. Now in its second season, "Sleep on It" was among HGTV's Top 10 shows last month. It airs at 10 p.m. on Sundays.
It’s not for everyone or every home. It’s not for the faint of heart and its deffinately not a tactic which should be considered if the buyer is not absolutely serious about the possibility of buying the home.
More and more it seems these days the real estate market is a buyer’s world. In many places, the boom has turned to bust and house prices are falling. Instead of worrying someone else may bid a house out from under them if they take a second too long to think, they are taking their time. So much so in fact, that some would like 24 hours to make the decision. 24 hours of living at the house in a form of “test drive,” that is.
From Florida to California and everywhere in between, people are seeking creative ways to attract home buyers. As discussed earlier in this blog, they’re trying things which would have been unthinkable not too long ago. Have they worked? It’s hard to say. But this method not only has the potential to work, at least one house in California sold after its soon-to-be new owners spent 24 hours alone in the home including a sleepover.
The “sleep on it” idea is such a good idea that HGTV has even made a reality TV show about it. Yes, you read that right. “Sleep On It” is a hot real estate reality show that follows potential buyers as they try out a home before deciding to buy it or not. Now in its second season, "Sleep on It" was among HGTV's Top 10 shows last month. It airs at 10 p.m. on Sundays.
It’s not for everyone or every home. It’s not for the faint of heart and its deffinately not a tactic which should be considered if the buyer is not absolutely serious about the possibility of buying the home.
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