10 Ways Millennials Are Changing Homebuying

Everyone knows that Millennials are changing many things in our society.  Teresa Mears, contributor to US News & World Report, talks about how Real Estate Agents must change to met the expectations of this new tech-savvy generation:

1. Millennials prefer texting (and sometimes emailing) to other forms of communication.
2. They search for homes on their phones.
3. They want to know what is going on at any time in the home-buying process.
4. They want quick answers to questions and expect valid information.
5. Millennials prefer to use phone apps like Redfin to search for homes and view listings.
6. They want to see testimonials on the agent’s website, and read online reviews.
7. They expect agents to engage them in social media.  They want to do more than just read re-posted articles.
8. They are very comfortable with sharing personal information to facilitate the home-buying process.
9. Younger buyers sometimes don’t know what features in a house can be changed with minimal cost.  This is an opportunity for agents to educate and recommend contractors and vendors.
10. Many millennials find home prices challenging, but they are meeting the challenge by seeking homes with rental units, or renting through Airbnb, etc.

You can read her whole story at here. If you’re in the market to either sell your home, or purchase one, contact Westlake Property Solutions at (614) 423-9747 or [email protected] and we can help.