Courtesy of Netflix
- TV producers Fenton Bailey and Randy Barbato created "Million Dollar Listing Los Angeles" almost 20 years ago.
- It launched a genre of shows following the professional pressure and personal tensions of real-estate brokers' lives.
- Bailey and Barbato break down the appeal of the genre as their latest show, "Owning Manhattan" with star broker Ryan Serhant premieres.
One Los Angeles real-estate agent might single-handedly be responsible for launching two decades of reality television.