Communication is key to capturing the millennial homebuyer. Millennials are not like your buyers from before. Millennials know what they want, and they know how to get it. With a wide network, it is likely they are associated with a real estate agent somehow. A referral isn't enough for millennials. They will do their research to make sure who they are working with is someone they'd like to be associated with. This calls for agents and lenders to be on top of their marketing game and responsive. Don't let lack of communication and dragging of the home buying process let you lose out on this buyer. Capturing a millennial can up your business drastically because of their loyalty to people and products they like and trust, and their network. A millennial will refer you in a heartbeat if you make a memorable impression.
With rent and home prices increasing while the amount of houses for sale decreases, it is smart to make the move now and transition from renting to homeowner. There are many reasons why purchasing a home can help you invest in your future. Here are just a few:
At the Eustis Family of Companies we consider it a privilege to of loans to our veterans that have served protecting our freedoms.
Because we can! Over here at Eustis, we just finished up with our annual Sales Rally last week in NOLA where all of our family companies were under one roof! This is a great time for us, because we not only got to see our friends from our other cities, but we were able to strategize and plan for our future.
Going green has become a necessity in the real estate industry the passed few years and will only increase. Fortunately, homeowners can do simple improvements to their property that will be cost efficient and generate the highest return on their investment.
Millennials are working hard in their early careers right now and most likely saving up by rooming with friends or family. They are becoming aware that renting on their own is looking more and more less likely of a good idea as rent prices rise.