Preferences in housing change with every generation. Baby boomers used to prefer huge homes in the suburbs to raise their children and have recently been downsizing to move closer to the city. The new home buyers to the scene, the Millennials, are used to living in smaller houses or apartments in the city and are looking to branch out to find a family home.
For this reason, it is a great idea to target Millennial buyers when looking to sell a house.
No Time For Relaxation or Renovations
Many Millennials are busy. Whether they are putting in overtime, working two jobs, or simply having new experiences with friends, they do not have the time to fix a house. Most want a home that is ready to move in without much customization.
Huge renovation projects are not desirable to this type of buyer. Having an outdated house that will need updating is going to make it much harder to sell. Instead, update the house first and emphasize all of the new appliances and features that have been added.
Do Not Underestimate Technology
Word of mouth advertisements and real estate agents use to sell houses. Now a great real estate listing paired with the wonder of a smartphone is going to bring buyers in. Millennials have access to many real estate websites that show pictures of homes that are for sale. To attract more buyers a homeowner must have beautiful pictures.
These pictures need to have a strong internet presence. To set yourself up for a quick sale, use real estate websites as well as social media to get the word out that the house is for sale. This will help it reach multiple people at once and bring in buyers in hoards.
Extra Room is Extra Work
People used to desire a huge home with too many bedrooms and an acre for a lawn. Millennials want enough room to raise their family, have a dog in the yard but nothing more. Too much room is a hassle. A decent sized house on a plot of land that can fit a deck and a privacy fence is perfect.
Keep the lawn carefully trimmed. A busy buyer does not want to move in and be required to take on plenty of lawn work. Having the lawn cut short and any trees or bushes trimmed will make everything feel much more maintained.
What Is Around the House
Millennials are looking for a house that is close to everything that they need, but not in the middle of the commotion. Neighborhoods that are adjacent to urban areas are going to be easy sells.
Therefore, a homeowner should emphasize the easy access to all of the necessary stores. Buyers will be flocking to see a house that is just ten minutes away from where they work.
There are some aspects of a home that a homeowner cannot change. For example, there is little you can do about where it is located and how large it is cannot be changed. However, they can meet the expectations of buyers by keeping their price fair compared to the rest of the market. Sellers should emphasize advertisements on social media and be sure to keep the house move in ready.
