Property Brothers is a reality television series that originated in Canada. It is the original show in the Property Brothers franchise produced by Scott Brothers Entertainment. Drew Scott and Jonathan Scott, who are twins, are the main stars in this series.
While Drew works as a real estate expert who remoulds neglected houses and later negotiates their prices, his brother Jonathan works as a licensed contractor. His work is to renovate these houses. The two works together to help families find and buy dream houses.
Currently, the show is aired in over 150 countries which include W Networks in Canada and HGTV in the USA.
Well, how well do you know about Property Brothers? If not much, we have compiled all you need to know about Property Brothers’s net worth in 2023, wiki and complete details. Well, if you’re all set, here is what we know about Property Brothers to date.
Drew was working for Cineflix in their show, My Dream Home, which was looking for a female co-host. After learning that his brother Jonathan was into real estate, they were asked to lead the show together. They made a video together, but six months passed before Cineflix responded, so they began filming for a show in Toronto.
At first, drew was to become the contractor but switched the roles after learning that Jonathan was licensed. At this time, Cineflix started looking for a distributor to no avail. W Network ordered for a full season, and when HGTV noted their success, they condensed the episodes to air them in 30 minutes on a trial basis. Later, the show scored number one rating and was picked for distribution in the US.
Property Brothers was first released on 4 January 2011 and air till today. They use their expertise to help prospective home buyers remould their ‘fixer-upper’ into their dream houses. In the initial stages of the show, Drew would start each episode by showing potential homebuyers a full house. They would later reveal that the house was the far way their financial reach.
From the beginning of season six, episode ten, Drew and Jonathan started explaining the importance of purchasing an older home to avoid exceeding their budget. Drew takes his buyers on tour to view the homes, after which he leads them into the process of bidding and purchasing the home.
Property Brothers chose to film their show in cities depending on the preferences of their fans and the diversity of architecture. As the home involves home improvement with an accelerated renovation format, they hire local designs, construction companies and real estate to complete their filming.
After buyers get their homes, they pay for the remodeling while the show provides about $25 thousand and also furnish it. They do not charge for the services. Potential homebuyers who wish to appear on the show come with a list of homes they wish to buy, but Drew gives additional options. He also gives the right to reject the selection if they think the home is unsafe.
The brothers have tried to maintain their show to ensure it is not contrived or scripted. The first season of the show was shot in Toronto. Seven episodes of season three were filmed in Austin, Texas, while the rest were filmed in Canada. They have been moving from place to place to film their show as they believed that Americans could not relate to the higher market prices in Canada. As of 2018, they have been filming in Calgary and Nashville.
Scott Brothers Global acquired related IP rights TO Property Brothers in 2019 from Cineflix Media. They also acquired production rights in the future projects of Property Brothers.
Awards & Achievements
Property Brothers has been very successful in their career and have achieved a lot. They received Leo Award nomination in 2011 and winning the award in 2012 as Best Hosts in Lifestyle series. Rose d’Or nominated them in 2012 for the lifestyle show category as well.
In 2015, they were nominated by Cablefax Awards. Emmy Awards also nominated them for the category of outstanding structured reality program. In 2018 and 2019, they won an award with Canadian Screen Awards for the category of Best Lifestyle Program. They have also won the Critics’ Choice Real TV Award.
Net Worth & Earnings of Property Brothers in 2023
Property Brothers has been doing well for themselves throughout their career. As of 2023, they have an estimated net worth of $200 million. The show started small but has grown large and attracted a lot of fans. They have acquired their wealth from the Property Brothers television show and other home improvement franchises.
They also get part of their income from advertising through billboards and broadcasting. They also get some funds through the internet when fans subscribe to their channel. The two will continue to increase their wealth as the show is growing day by day.
Property Brothers has been rated among the top shows in the real estate industry. They started working for real estate while still teenagers by buying and renovating the property. Their dream was to become entertainers but not starving ones. They bought their first house when they were eighteen. They took a mortgage and paid a down payment of $250 for a seven-bedroom house. After renovating it, they were able to it at $800 a month and made a profit of $50 thousand.
Before fully venturing into real estate, they tried acting. They launched Scott Real Estate Inc. in 2004. This was to help them construct and develop residential properties. By 2008, they had opened up the third branch. They had created Scott Brothers Entertainment in 2010 before starting up Property Brothers in 2011.