Show Information
Season one of Property Virgins focused exclusively on home buyers in the Greater Toronto Area. Subsequent seasons of the show have included both Toronto and major metropolitan areas in the United States, such as Washington, D.C., Richmond, Cincinnati, Austin Texas, Boston and Miami.
Each episode runs 30 minutes, including commercials. At the beginning of each show, the host meets the prospective buyers in their desired neighborhood and asks them to guess the value of a house they like. The value of that house is usually above the customers' price range, prompting the host to reassure them that she will try to find a home in another neighborhood that meets the buyers' desired criteria. She usually asks the buyers to list some of the features they want in their new home, in order to give her a better idea of what to look for.
In a voice-over, the host briefly describes the neighborhood of the property she is about to show, then tells the viewer the square footage and asking price of the home. She meets her clients at the property for sale, then sends them in to tour the house. After they have toured the house, she answers their questions and asks them to guess the price. In most episodes, the clients are shown touring three different properties.
If the clients choose to purchase one of the properties, the host helps them decide on an offer and negotiate a contract. She also helps her clients understand other aspects of home buying and ownership, such as bidding wars, homeowners' association fees, down payments, closing costs, home inspections, and even renovations. The closing process, however, is not shown.
Not all potential buyers on the show purchase a home. A few of them decide to postpone home ownership, either because of relationship problems, financial issues, or other reasons.
Read more about this topic: Property Virgins
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