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Infographic: What You Need to Know About Millennial Homebuyers

Home Agents
By Mark Mathis, General Manager of Broker and Agent Sales at Homes.com
August 17, 2017, 4 pm
Reading Time: 1 min read
A young couple stand looking at the camera smiling, they hold the keys to their new home. in the background stands an estate agent holding a clipboard and paperwork.

A young couple stand looking at the camera smiling, they hold the keys to their new home. in the background stands an estate agent holding a clipboard and paperwork.

Millennials have been the largest group of homebuyers for the last three years running, and with most millennials yet to enter the housing market, their dominance is unlikely to end any time soon. This is great news for real estate agents. In 2016, 88 percent of all buyers used an agent; however, a full 92 percent of millennials purchased their home with the help of an agent! That said, understanding who this group of buyers is, how they search, and why they choose to work with agents will help you shape your business to best serve and appeal to the needs of this growing pool of buyers.

HDC_Millennials_Infographic_2791

Before you can work with millennial buyers, you have to find them. Don’t let any more millennials fall into the hands of your competitors! Ask us how Local Connect can help you target quality buyers and sellers in the initial stages of their transactions so you can start connecting with them today!

For more information, please visit connect.homes.com.

For the latest real estate news and trends, bookmark RISMedia.com.

Tags: Home-BuyingHomes.comHomes.com Local ConnectInfographicMillennial HomebuyersNARReal Estate Agent Best PracticesReal Estate Lead GenerationReal Estate MarketingSocial Media Marketing
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