HGTV's 'Property Brothers': There's no secret to success in real estate

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Property Brothers Share Their Healthy Home Checklist

In an interview with Molly Wood of Marketplace, HGTV stars the "Property Brothers" shared advice that some would-be investors may find hard to swallow: There's no secret to being successful in real estate.

"Everyone thinks that there's a secret, there's a secret formula to real estate," brothers Drew and Jonathan Scott told Wood. "And there really isn't, because real estate in itself is the most basic of simple economics.

"It's supply and demand: the more people that want your product, the better the price you're gonna get. There's no real secret, it's all about educating yourself and not just doing the guessing game."

See photos of the "Property Brothers" below:

40 PHOTOS
The Property Brothers -- Jonathan Scott, Drew Scott through the years
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The Property Brothers -- Jonathan Scott, Drew Scott through the years
RIDGEWOOD, NJ - APRIL 17: Jonathan Scott and Drew Scott of the show 'The Property Brothers' attend the Jonathan & Drew Scott Sign Copies Of 'Dream Home' at Bookends Bookstore on April 17, 2016 in Ridgewood, New Jersey. (Photo by Bobby Bank/Getty Images)
IMAGE DISTRIBUTED FOR BASK IT STYLE - Jonathan Scott and Drew Scott attend the Bask It Style media day on Wednesday Sept. 5, 2012, in Toronto, Canada. (Photo by Todd Williamson/Invision for Bask-It-Style/AP Images)
LAS VEGAS, NV - MAY 19: HGTV hosts Jonathan Scott and Drew Scott attend the Billboard Music Awards Pre-Party hosted by Kelly Clarkson at MGM Grand on May 19, 2012 in Las Vegas, Nevada. (Photo by Marcel Thomas/FilmMagic)
LAS VEGAS, NV - MAY 20: TV hosts Jonathan Scott and Drew Scott attend the 2012 Billboard Music Awards Oficial After-party at 1 Oak on May 20, 2012 in Las Vegas, Nevada. (Photo by Marcel Thomas/FilmMagic)
NASHVILLE, TN - JUNE 09: Drew Scott and Jonathan Scott attend the GAC, HGTV and DIY Network's the Lodge at CMA Music Fest at the Fan Alley - Downtown on June 9, 2012 in Nashville, Tennessee. (Photo by Sara Kauss/WireImage)
TODAY -- Pictured: (l-r) Jonathan Scott and Drew Scott appear on NBC News' 'Today' show -- (Photo by: Peter Kramer/NBC/NBC NewsWire via Getty Images)
LAS VEGAS, NV - JUNE 16: Television personalities Jonathan Scott (L) and Drew Scott arrive at the 2013 Miss USA pageant at Planet Hollywood Resort & Casino on June 16, 2013 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)
LAS VEGAS, NV - DECEMBER 10: Presenters Jonathan Scott and Drew Scott speak onstage during the American Country Awards 2013 at the Mandalay Bay Events Center on December 10, 2013 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)
LOS ANGELES, CA - APRIL 30: Jonathan Scott and Drew Scott attend the REVOLT & NCTA Host VIP Gala For Talent & Cable Execs at Belasco Theatre on April 30, 2014 in Los Angeles, California. (Photo by Araya Diaz/WireImage)
LIVINGSTON, NJ - JULY 12: Cost Plus World Market and Jonathan & Drew Scott, hosts of Property Brothers, Celebrate the Grand Opening of its New Livingston, NJ Store on July 12, 2014 in Livingston, New Jersey. (Photo by Dave Kotinsky/Getty Images for Cost Plus World Market)
Real estate experts Drew, left, and Jonathan Scott, right, and Sunrun, the nation's largest dedicated residential solar company, show homeowners how to take advantage of the 'smart home' trend with energy saving and efficiency tips for creating a sleeker, smarter home, on Monday, August 18, 2014 in Modesto, Calif. (Photo by Alison Yin/Invision for Sunrun/AP Images)
LOS ANGELES, CA - AUGUST 25: TV personalities Drew Scott (L) and Jonathan Silver Scott attend the 66th Annual Primetime Emmy Awards held at Nokia Theatre L.A. Live on August 25, 2014 in Los Angeles, California. (Photo by Jeff Vespa/WireImage)
SANTA MONICA, CA - JANUARY 10: TV personalities Jonathan Scott (L) and Drew Scott arrive with their dogs Gracie and Stewie at The World Dog Awards at Barker Hangar on January 10, 2015 in Santa Monica, California. (Photo by Chelsea Lauren/WireImage)
LOS ANGELES, CA - MARCH 29: TV personalities Drew Scott (L) and Jonathan Silver Scott attend the 2015 iHeartRadio Music Awards which broadcasted live on NBC from The Shrine Auditorium on March 29, 2015 in Los Angeles, California. (Photo by Frazer Harrison/Getty Images for iHeartMedia)
LAS VEGAS, NV - JULY 12: Television personalities Drew Scott (L) and Jonathan Scott arrive at the second annual Coach Woodson Las Vegas Invitational pairings party at the Lavo Restaurant & Nightclub at The Palazzo Las Vegas on July 12, 2015 in Las Vegas, Nevada. (Photo by Steven Lawton/FilmMagic)
Drew Scott, left, and Jonathan Scott attend the Governors Ball for the Television Academy's Creative Arts Emmy Awards at LA Convention Center on Saturday, Sept. 12, 2015, in Los Angeles. (Photo by Colin Young-Wolff/Invision for the Television Academy/AP Images)
Drew Scott, left and Jonathan Scott arrive at the 67th Primetime Emmy Awards on Sunday, Sept. 20, 2015, at the Microsoft Theater in Los Angeles. (Photo by Al Powers/Invision for the Television Academy/AP Images)
FRAMINGHAM, MA - OCTOBER 04: Cost Plus World Market and Jonathan & Drew Scott, hosts of Property Brothers, Celebrate the Grand Opening of its Framingham, MA Store on October 4, 2015 in Framingham, Massachusetts. (Photo by Paul Marotta/Getty Images for Cost Plus World Market)
NEW YORK, NY - DECEMBER 02: HGTV's 'Property Brothers' Jonathan Scott and Drew Scott pose backstage at the hit musical 'Something Rotten' on Broadway at The St. James Theater on December 2, 2015 in New York City. (Photo by Bruce Glikas/FilmMagic)
NASHVILLE, TN - MARCH 28: Television Personalities Jonathan Scott and Drew Scott of The Scott Brothers attend and greet fans during their book promotion and fan meet and greet at Goo Goo Shop on March 28, 2016 in Nashville, Tennessee. (Photo by Jason Davis/Getty Images)
TORONTO, ONTARIO - APRIL 15: Jonathan Scott and Drew Scott of the 'Property Brothers' attend the launch of their new book 'Dream Home' at Indigo Manulife Centre on April 15, 2016 in Toronto, Canada. (Photo by GP Images/WireImage)
MIAMI, FL - NOVEMBER 19: Property Brothers Jonathan Scott and Drew Scott attend the Miami Book Fair on November 19, 2016 in Miami, Florida. (Photo by Aaron Davidson/WireImage)
NASHVILLE, TN - NOVEMBER 02: Jonathan Drew and Drew Scott of Property Brothers attend the 50th annual CMA Awards at the Bridgestone Arena on November 2, 2016 in Nashville, Tennessee. (Photo by Taylor Hill/Getty Images)
NEW YORK, NY - SEPTEMBER 19: The Property Brothers Jonathan Scott and Drew Scott pose for a photo during the WICT Leadership Conference Touchstones Luncheon at Marriot Marquis on September 19, 2016 in New York City. (Photo by Larry Busacca/Getty Images for WICT)
NASHVILLE, TN - JUNE 11: The Property Brothers Jonathan Scott and Drew Scott speak on stage at the HGTV Lodge during CMA Music Fest on June 11, 2016 in Nashville, Tennessee. (Photo by Jason Davis/Getty Images for HGTV )
NASHVILLE, TN - JUNE 10: Hosts Jonathan Scott and Drew Scott of HGTV's Property Brothers speak onstage during 2016 CMA Festival - Day 2 at Nissan Stadium on June 10, 2016 in Nashville, Tennessee. (Photo by Rick Diamond/Getty Images)
NEW YORK, NY - MAY 03: (L-R) Bethany Watson, Jonathan Scott, Greg T, Drew Scott, Elvis Duran, Danielle Monaro and Skeery Jones pose for photo during 'The Elvis Duran Z100 Morning Show' at Z100 Studio on May 3, 2016 in New York City. (Photo by Matthew Eisman/Getty Images)
RIDGEWOOD, NJ - APRIL 17: Jonathan Scott and Drew Scott of the show 'The Property Brothers' with fans attend the Jonathan & Drew Scott Sign Copies Of 'Dream Home' at Bookends Bookstore on April 17, 2016 in Ridgewood, New Jersey. (Photo by Bobby Bank/Getty Images)
TORONTO, ONTARIO - APRIL 15: Jonathan Scott and Drew Scott of the 'Property Brothers' attend the launch of their new book 'Dream Home' at Indigo Manulife Centre on April 15, 2016 in Toronto, Canada. (Photo by GP Images/WireImage)
TORONTO, ONTARIO - APRIL 15: Jonathan Scott and Drew Scott of the 'Property Brothers' attend the launch of their new book 'Dream Home' at Indigo Manulife Centre on April 15, 2016 in Toronto, Canada. (Photo by GP Images/WireImage)
NEW YORK, NEW YORK - APRIL 04: The Property Brothers, Jonathan Scott and Drew Scott visit AOL Build to discuss their book 'Dream Home: The Property Brothers Ultimate Guide to Finding & Fixing Your Perfect House' at AOL on April 4, 2016 in New York City. (Photo by Slaven Vlasic/Getty Images)
NEW YORK, NEW YORK - APRIL 04: Jonathan Scott and Drew Scott attend AOL Build at AOL on April 4, 2016 in New York City. (Photo by Laura Cavanaugh/FilmMagic)
NEW YORK, NY - DECEMBER 02: (L-R) John Cariani, HGTV's 'Property Brothers' Jonathan Scott & Drew Scott and Brian d'Arcy James pose backstage at the hit musical 'Something Rotten' on Broadway at The St. James Theater on December 2, 2015 in New York City. (Photo by Bruce Glikas/FilmMagic)
NEW YORK, NY - DECEMBER 01: Drew Scott and Jonathan Scott speak at Apple Store Soho Presents: Meet The Property Brothers: Drew Scott and Jonathan Scott at Apple Store Soho on December 1, 2015 in New York City. (Photo by Rommel Demano/Getty Images)
FRAMINGHAM, MA - OCTOBER 04: Cost Plus World Market and Jonathan & Drew Scott, hosts of Property Brothers, Celebrate the Grand Opening of its Framingham, MA Store on October 4, 2015 in Framingham, Massachusetts. (Photo by Paul Marotta/Getty Images for Cost Plus World Market)
NEW YORK, NY - JUNE 25: Jonathan Scott and Drew Scott of The Property Brothers visit 'The Elvis Duran Z100 Morning Show' at Z100 Studio on June 25, 2015 in New York City. (Photo by Robin Marchant/Getty Images)
NASHVILLE, TN - JUNE 13: Property Brothers hosts Jonathan Scott (L) and Drew Scott appear at the HGTV Lodge during CMA Music Fest on June 13, 2015 in Nashville, Tennessee. (Photo by Jason Davis/Getty Images for HGTV)
NEW YORK, NY - JUNE 04: Drew Scott and Jonathan Scott of Property Brothers attend the premiere of Dukale's Dream on June 4, 2015 in New York City. (Photo by Robin Marchant/Getty Images for The 7th Floor)
LAS VEGAS, NV - SEPTEMBER 19: TV personalities Jonathan Scott (L) and Drew Scott of Property Brothers pose in the press room at the iHeartRadio Music Festival Night 1 at the MGM Grand Resort and Casino on September 19, 2014 in Las Vegas, Nevada. (Photo by David Livingston/Getty Images)
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The Property Brothers base their own success on years of experience. They have been involved with real estate since buying their first house at age 18 in order to keep from being "struggling artists" as they pursued acting. After doing extensive research, they sold it for a $50,000 profit.

"That's when the light bulb went on" they told Wood.

The fact that there's no secret doesn't mean there's nothing you can do to give yourself a leg up in the market.

RELATED: 10 real estate Instagrams you should follow

8 PHOTOS
10 real estate accounts to follow
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10 real estate accounts to follow

Illustrated Properties
@illustratedproperties
Based in Palm Beach Gardens, FL, this account exclusively features current listings (including prices) of mansions with pools. A fine display of true and massive Floridian architecture.

Photo credit: Instagram


 

Saunders & Associates
@hamptonsrealestate
Because who wouldn't rather be at a beachfront estate in the ever-glamorous Hamptons?

Photo credit: Instagram

MSM Luxury Estates
@msmluxuryestates
Based in Beverley Hills, CA, celebrity homes are often featured, as are infographics including statistics on the current market. 

Photo credit: Instagram

Joyce Rey Real Estate
@joycereyrealestate
Featuring estates everywhere from California to Italy, prime luxury pads are accompanied by shots of pretty decor, quotes and personal moments from Joyce Rey's glamorous life. 

Photo credit: Instagram

Houlihan Lawrence
@houlihanlawrence
The real estate firm that specializes in Westchester County and the suburbs of northern NY posts listings in real time, as well as shots of hip and marketable hotspots in the towns where they sell.

Photo credit: Instagram

Chad Carroll
@chadcarroll
This "Million Dollar Listing: Miami" star posts pictures and listings showcasing all of Miami's architectural beauty, from rooftop views to sleek interiors.

Photo credit: Instagram

Douglas Elliman
@douglaselliman
As one of the most prestigious real estate companies in the world, it's no surprise that this account is full of all things luxurious, including cityscapes, events, and famous landmarks.

Photo credit: Instagram

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In their book, "Dream Home: The Property Brothers' Ultimate Guide to Finding & Fixing Your Perfect House," the Property Brothers say the strategies to get the most for your house start with actions as simple as keeping it clean and fixing anything that needs it. "You can get an additional $20,000 or more for a house that's neat and clean," they write. "Why would you leave money on the table when it costs next to nothing to clean and declutter?"

Once it's clean, you can start doing your research.

SEE ALSO: 6 renovations that can hurt your home's resale value, according to HGTV's 'Property Brothers'
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