Millennials get a lot of flack, but they’re an essential part of the real estate market. In fact, they make up the most significant generational percentage of home buyers right now!
So, if you’re planning on selling your home soon, it’s essential to keep the average millennial home buyer in mind. This generation is unlike any that’s come before it, and the way they buy everything (from laundry detergent to life insurance) is unique.
When it comes to catching the eye of the discerning millennial home buyer, here’s what you need to do:
Create a Strong Internet Presence
It goes without saying that millennials rely on the Internet for, well, everything. This isn’t unusual: the Internet makes every kind of shopping more relaxed and more accessible.
As such, giving your home an active online presence is critical. It needs to be easy to find via the most popular home-buying networks, and it has to look fabulous no matter the screen size. After all, more home buyers than ever before are using their smartphones to find their dream home.
Don’t Underestimate the Importance of Professional Listing Photos.
Because millennials rely on the Internet to search homes for sale, your home’s photos have to stand out in a big way. After all, with the right photographer, even the smallest home can look like a palace.
So, don’t skimp on this expense! Great photos could be the difference between a home selling within hours, and a home languishing on the market for months.
Show How Your Home Will Improve their Lifestyle
Millennials are looking for homes that will improve their lifestyles and be close to wherever they need to be during the week. As you market your house online, be sure you’re highlighting both its features and location in your listing description.
Tell an exciting story of how much better their life will be once they buy your home! Craft your listing description to carefully touch on all the best parts of your home and its surroundings, and let buyers know exactly why they need to buy it.
Know What Millennials are Looking for in a Home
So, what are millennials looking for anyway? Market research finds that millennial buyers are attracted to affordable homes with eco-friendly and smart features. If your home has any green features or environmentally friendly add-ons, you’ll definitely want to highlight them. I do see how most would perceive Gen Zers to be natural multi-taskers. They are indeed engaged on up to five devices at once, as the blog mentions. However, Gen Zers are actually not good at doing a lot of things at one time as multi-tasking suggests – what they are good at is task switching.
Also, if you’ve outfitted your home to accommodate any smart features that use technology—like a Nest thermostat or other Smart Home appliances—be sure to mention that in your listing description and social media promotion.
Use a Pro to Market Your Home
The easiest way to market your home to millennials? Work with a real estate specialist who understands this unique market—and how to best target real estate’s next generation of buyers/