Here is another infographic you can use for a social media or blog post targeting potential contacts! This time on expectations vs reality in real estate! Feel free to share this image wherever you like, download it right below the image!
Right from the beginning - expectations on pricing can be really tricky. If selling a home; one may add their emotional value to the price-tag and want to list at a price outside of the market range. If buying a home; one may be unrealistic about their budget! These are hard expectations to come to terms with and the reality is that an agent can help competitively price a home and also look for homes within a realistic budget!
Speaking of selling a home - the expectation is that selling a home means a chunk of change in the pocket. While this is nice in theory, selling a home can cost a good amount of money when closing costs, staging, etc. are thrown into the mix.
A really difficult expectation vs reality is the one placed on the agent themselves. Agents need work/life balance as well. Working hours outside of 9-5, doesn't make them at anyone's beck and call. Agents do want to help however, and will do the best they can! Respecting a professionals time is always the right move.
Perhaps the expectation that is hardest to deal with is finances. Especially when it comes to buying, finances can cause a lot of frustration. If one has a large down payment OR great credit score; it may not be enough to get them a home. A lot of times buyers need both great credit and a sizeable down payment - this reality can be harsh.
All in all, it's important to be clear on the realities of real estate!
Here is another infographic you can use for a social media or blog post targeting potential contacts! This focuses on what millennials want! Feel free to share this image wherever you like. It can be downloaded right below the image!
Agents need to be aware of what millennials want because millennials are beginning to take up a lot of the real estate market! Millennials are ages 18-37 currently and over 82% of them are prioritizing buying a house. This group makes up over 35% of the homebuyer market, so, it's important to ensure agents know what they want.
Millennials want green features in their home. No, not the color! Good for the planet, green. Some examples of highly sought after features are solar and energy-efficient appliances. These buyers also need high speed wifi across their home. A lot of young people work from home right now and all of them use their phones at home so strong internet is a must.
Young people also have an affinity for public transportation - especially in urban areas. So, look for homes that are close to train stations, etc.
As far as aesthetics go, open concepts, minimal color, and new appliances and features are highly sought after. White and black are always in high demand.Be sure to use social media to highlight a property's instagram worthy features - this will help draw in buyers!
Some concerns for this particular group are affordability, maintainability of a property, and long wait times to purchase and/or move in.
Agents can solve millennial real estate issues by being well versed in what they want and what their concerns are!
Here is another infographic you can use for a social media or blog post targeting potential contacts! This time on buying a home with a realtor! Feel free to share this image wherever you like, it can be downloaded right below the image!
The 10 steps to buying a home with an agent are as follows:
Hiring the right agent for you in order to find your right home or investment!
Agents will negotiate contracts in order to get the best deal for you, which is one of the best parts of hiring an agent!
A realtor will look over all paperwork and make sure that the agreements are all correct.
A home inspection is next! Here, an agent will make sure that the house is in good condition for it to be purchased.
Purchasing a property can be complex and agents work to simplify the transactional process for the clients!
Loan Commitment is step 6 and agents ensure that everything goes through seamlessly or deal with any hiccups that come up!
The appraisal can be the last hiccup before a transaction is set to close. Agents schedule the appraisal and prepare you for what's to come and next steps once the appraisal has come through.
Title and escrow companies send out a lot of paperwork. Agents make sure that these documents are legitimate and can help clients walk through them.
Here we are! The final week of closing! So much anticipation, excitement, and paperwork. Agents are here to help through this process to get everything done.
After closing services round out our 10 steps. Agents continue to work with clients to give peace of mind.