Wednesday, January 12, 2011

Prepared for the Millennials(Generation Y) Assault on Real Estate??

Perhaps you have heard of the Millennials(individuals born between '80 & '95).  Maybe you raised two or three of them!

Yet 74 million strong, they rival their Baby Boomer parents/grandparents as the largest home-buying consumer "class" of all time.  

If one of these 74 million Millennials is the buyer, how will they find your home?  I assure you it won't be in the paper!   But they are an inquistive bunch as they have found that they can "Google" anything and can "Facebook" to learn about anyone, so they will love to come to your open house.

Many of the Millennials will be your 1st Time Home Buyer or look to move up to their second home(Very Mobile!).

So be sure you have a Realtor who will reply to a text question or email(if they bother with it) quickly...or they will move on to the next house...instant answers and high service are required by these buyers!  But beware "assuming" one buyer of this age group is like another!!   You'll suffer for it if you do!

Ensure there are lots of photos and/or tour and/or video of the home. Seeing is believing...if I can't see it, I don't believe.

So be smart, list your house with a Realtor that is tech savvy...if he or she says they are it will be very apparent...just "Google" them today!
If he/she isn't there with their website or their listed homes don't come up immediately, you will know!

And yes, that is how this group of home buyers/sellers could find their Realtor to sell a home they now own..but they are onto Facebook, LinkedIn and beyond to get "comfortable" with who this Realtor is!!

They are a savvy group!!   A wonder and a pleasure to work with!!!!

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