The Real Deal The Real Estate Pros TV show, which is the “new and improved” Flip This House series which follows Richard Davis’ Trademark Properties as they buy lemons and make lemonade, recently aired. The first ran Saturday on TLC, and overall, the show was a home run.
The new show is professionally done, filled with much of the same antics as the previous Flip This House series (even a run in the with the police), and leaves you motivated to go out and buy a flip.
This past Saturday’s show followed Davis as he purchased, renovated, and tried to sell a house that was on the market for over nine months and had not sold (more than likely for the moisture issue in the floors, the murky pool, and the claustrophobic kitchen).
The show almost exclusively focused on Richard, and Ginger, Richard’s investment coordinator, and featured studio one-on-one interviews, rather than the “drive in your car and talk to the camera” interviews from previous shows.
Overall, a great first episode, and we suggest the following:
- Involve some of the others on the team; Richard and Ginger are great, but part of the fun is the interaction and relationships that are developed and formed during the flips.
- Tell us how much you actually made on a deal, rather than “projected” profit – with many of the other flipping shows, there’s a tendency to focus too heavily on anticipated margins, rather than taking the time to look at the actuals (i.e. perhaps sales to listing price ratio is not 100%, carrying costs, etc).
For further background on The Real Deal The Real Estate Pros TV show, see our previous posts (Flip This House History, and The Real Deal Launches).
Keith Munsell 
