“THE first season of “Million Dollar Listing,” a reality series on Bravo that follows real estate agents in Hollywood and Malibu, Calif., was broadcast two years ago, and already feels like material from a time capsule. Spending much of its time on lingering shots of canyon villas and beachfront condos, the show captured a giddy period in which a cash-strapped seller could list a shabby 1960s contemporary in the Hollywood Hills for close to $1.3 million, get an offer above asking price, and still debate whether to make the deal.

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