Who can afford to live there?

Whenever I see a home show on TV I look at the people who own the house and ask, "What job do they have where they can own a home like that?"

Their appearance gives no clue. I'm doubtful that anyone can own a beautiful house in this day and age. Yet many people clearly do, so I'm obviously wrong.

My guess is most of the people on the home shows with gorgeous houses are professionals - accountants, lawyers, doctors or stock brokers.

This is how real estate agents today sell your house.

You: I’d like to sell my house with you.

Agent: Great! Here’s my card. I won a whole bunch of awards and I [describes the marketing they do for you].

[2 months later]

You: I haven’t had any offers! No one has come to see my place!

Agent: Your price is too high. You need to lower it.

You: But my price is fair value.

Agent: All the other houses in your area are selling for less. Lower your price.

You: OK.

[1 month later]

You: Thanks.

Agent: No problem. I’m glad I could help. Call me next time you buy or sell.
Here’s my card.