We catch both the L.A. and N.Y. versions sometimes and my take is that some of it is very realistic. For instance, when a deal doesn't come through, or when a listing gets cancelled, that's realistic. Also - when a price has to be reduced, and the client doesn't like it - - -that also is realistic. The animosity between agents is another thing that is commonplace. What isn't so realistic is how fast contracts get done, and deals over the phone. The show doesn't realistically depict how long it takes to get contracts written and submitted, and the countering, etc.
The show has Josh Altman as some big red hot salesman, yet he lives with his girlfriend in some little Santa Monica bungalow. If he's doing all that well, why doesn't he have a decent house? The poor guy is wearing all-new-hip-slick-and-cool threads - a little gaudy. Reminds me of a white superfly. All he needs is an Eldorado Cadillac - instead of the leased car he drives. He's just a mouthy street kid. The other two guys are great.....very realistic and good representations of the business.
All in all - those are very good shows. The viewers get to see some of what is available and what your dollar buys in those two areas. Fun to see some of the trainwrecks, as well as the beautiful houses.