There are different years mentioned for Millennials. Some say Millennials are Born between 1980 to 1994, Others say 1982-2004. Millennials are currently between the ages of 25 and 39.
Knowledgeable first-time home buyers: Millennials are more informed when it comes to renovations, repairs and real estate process than other generations. Since they grew up during the development of the internet, they are very tech and research savvy. They're able to find ways to access important information such as listings, neighborhood reports, HGTV home renovation videos and other types of real estate information on their own.
In 2019, they will rely on real estate agents to share information that they can't find online such as neighbourhood developments, local market forecasts, local housing regulations and more.
In 2019, online presence will have a huge impact on a Millennial to hire an agent. Having quality testimonials, attractive social media profiles and online tools/resources are important factors that shape their decision-making in hiring an agent.
Buying preferences: In many instances, Millennials and Boomers are competing for the same home. Some similarities between the groups include a walkable and engaging neighbourhood as well as a smaller home with upgraded amenities.
In 2019, they will account for most of the first-time home buyer market as they gain more purchasing power, acquire higher paying jobs and get married.
The Graff Girls Say Definitely worth it! We had a pre-home inspection on a home we just sold. The buyer read the report but decided to have their own inspection done.
Their agent called to say thank you for having a pre-home inspection as there were no surprises and her clients firmed up the deal without any hesitation!
SO, SAY YES TO HOME INSPECTION! The home inspection familiarizes the buyer with the mechanics of the home and what to be aware of in future years. For a seller, a pre-home inspection informs them of anything that may need to be fixed prior to putting the house on the market to avoid a buyer asking for rebates after negotiating a deal!
We are in the “make it happen” business. That’s what clients hire us to do.
When clients need to sell their home quickly, and for the best price, we make it happen.
When clients need to find and buy their next dream home, we make it happen.
When a client wants the entire process to go smoothly and successfully, we make it happen.
How do we make it happen? When we begin working with a client, we ask a lot of questions. It’s important for us to clearly understand what a client really wants. Then, we use our professional skills, training, knowledge, and experience to make it happen!
So, if you’re looking for a “make it happen” REALTOR®, give The Graff Girls a call.
The Graff Girls work with all buyers and recognize what they are about.
Connecting with Millennials does not always come easy to other generations, and it doesn’t help that there are a lot of contradictory opinions and generalizations popping up daily. Millennials are described as both fickle and brand loyal, having short attention spans and laser focus. We’re told in one article that their buying decisions are most influenced by social media and in the next, that they base their buying decisions on peer advice. We’re also told that Millennials aren’t financially stable enough to purchase homes and yet every stat proves otherwise.
In addition to the seemingly contrary information, Millennials have grown accustomed to distancing themselves from traditional processes and channels, and instead, attempt to go it alone.
The Graff Girls have found when working with Millennials we establish a relationship of trust and guidance that makes for a strong bond and a successful turn of events.
Have you ever worked with someone — a lawyer, an accountant, a contractor — who dropped the ball when it came to communication? Perhaps they failed to return your phone calls promptly or didn’t get back to you when you had a problem or concern.
We can only imagine how frustrating that must be.
In fact, you worry about that very thing when it comes time to select a REALTOR®. So, let us tell you how The Graff Girls work:
We return calls and emails promptly.
We get back to our clients quickly when they have a problem or concern.
We explain everything clearly and answer questions fully.
We keep our clients in-the-loop, so they always know what’s happening.
Our clients are Our priority.
By communicating effectively, we are able to ensure our clients have a better buying or selling experience. That’s important to us.
So, in the spirit of good communication… call or email us, if you have any questions. We will get back to you right away.
The Graff Girls Look At Different Buyers and Their Wants and Needs:
Generation Xers are born between 1965 and 1979, Generation Xers are currently between the ages of 40 and 54
A.Tech-savvy upsizing: Gen Xers are ready to upsize and they are using the internet to research and communicate with others to do so. Though not as tech-savvy as their Millennial counterparts, they spend about 2hours per day on social media looking for the latest news and keeping in touch with friends. Plus, they are more likely to use mobile than a PC/laptop when searching for a product to buy online (59% mobile vs 54% PC/laptop)
·According to an article from MediaPost.com, “Email is the primary means of messaging but they also like direct mail still…They like Facebook and YouTube, accounting for more than 1.5 billion YouTube views per day."
B.Upsizing preferences: Gen Xers are looking to sell their first home and upsize to accommodate their growing family. Their main focus in 2019 will be to find affordable housing in a family neighbourhood where there are high paying job opportunities so they can grow their families, have education opportunities for their children and save money for the future.
Whatever your age is The Graff Girls understand and respect your needs and wants.
The Graff Girls like to remain positive and suggest what to do to your home when preparing to go to the market.
However, it is also important to be mindful of what you should NOT do.
1) DO NOT OVER IMPROVE YOUR HOME
Call us in if you are not sure what this means. You are not wasting our time, but you might be wasting your money with over improvements!
2) DON'T CUSTOMIZE YOUR HOME TOO MUCH
It's up there with over improving your home. Your goal is to attract as many buyers as possible not a customized group. We also remind you here to de-personalize your home. Remove all family photos and/or degrees and awards that may be out or hanging on walls. Again, we are happy to come by to discuss and veto your visions if need be.
You are okay with us being honest and forthright to sell your home for the highest price the market will bear, right?
3) MINIMALISM IS KEY.
It also means you need to minimize your time in the home. We understand this can be challenging with a family and your pets or when you are at that stage of life of not being able to leave the home as much but if and when you can it is best not to be home. The buyers and their agent have a relationship and you want them to feel at ease to express all thoughts and feelings. We then can retrieve more precise feedback from their agent and if need be help address any concerns. You also want them to envision themselves living here and since you do not come with the home... If you must stay in the home during a showing, we recommend you stay in one room the whole time. Do not move from room to room as they go around the house; it causes too much chaos and does not allow the potential buyers to feel at ease and connect with the feeling of your home.
4) DO NOT TAKE THINGS PERSONALLY.
This is a lot easier said than done. Whether someone wants to admit it or not, buying a residential home to live in alone, as a couple or a family is emotional. Selling is even more emotional. Many buyers have an idea of their dream home and not always the budget, so they may low ball your home to start and you never know how much they might stretch themselves to achieve their dreams. During that same stretch, they may say some negative things about the home just to justify their budget and to make themselves feel better if they are not able to purchase your home.