Why Are More & More Millennials Choosing the Services of a Real Estate Agent when Looking for Homes for Sale? – Sage Realty LLC
First, there were Silents, followed by Baby Boomers, and then the infamous Generation X. Today, most young people, born between the 1980’s and 2000’s, are commonly referred to as “Generation Y” or “Millennials” and they are changing the way real estate is bought and sold.
Based on the 2015 National Association of Realtors® Home Buyer and Seller Generational Trends study, Millennials (categorized as being 34 or younger) now make up 32% of all buyers, making them the largest group currently purchasing homes for sale. Neglecting the unique needs of this generation would be an incredible oversight.
How Do Millennials Search & Purchase Real Estate?
The same survey also found that 51% of Generation Y buyers found their home by performing a search online first. Interestingly enough, Millennials are more likely to also make the purchasing process easier for themselves by using the services of a real estate agent.
There are countless reasons why many Millennials and other buyers utilize the services of agents, including the following:
Agents work with their clients’ best interests in mind and will always ensure they are protected financially.
Help Navigating Contracts & Paperwork
Real estate laws are complex and always changing, which is why the knowledge of an experienced real estate agent is handy to have.
Find the Perfect Dream Home
Customers may think they know what they want in a home, but there are more things that should be considered than just square footage and the aesthetic appeal of a bathroom. An experienced real estate agent will know what to look for beyond mere first appearances.
Pricing and Selling
Agents are familiar with local markets and will eliminate any margin of error that may be found on online pricing sites.
Code of Ethics
Realtors® must also follow a Code of Ethics that ensures all of the conduct between customers is performed morally.
Contact Sage Realty LLC to Learn More
To find out more about how Millennials are changing the real estate market or why individuals continue to use the services of real estate professionals, like the ones at Sage Realty LLC, when purchasing homes for sale, visit https://www.findahomeinpa.com/ today!
Sage Realty LLC
37 West Avenue