REAL ESTATE AGENTS – MORE VITAL THAN EVER
Millennials currently comprise the largest share of first-time home buyers at 37%, according to the National Association of Realtors®’ 2021 Home Buyer and Seller Generational Trends report. The youngest buying generation – Gen Z – is also starting to emerge. The majority of Millennials and Gen Z buyers are first-time home buyers and are increasingly relying on real estate professionals to help them navigate through the home buying experience. 91% of younger millennial buyers – ages 22 to 30 – are most likely to cite a real estate agent as their prime information source according to the National Association of Realtors survey.
The use of virtual tours for in-home shopping has skyrocketed since the pandemic, particularly among 22- to 40-year-old buyers. This segment of the population is already accustomed to doing research online, and has embraced virtual tours and virtual open houses. Nonetheless, they consider real estate agents their top information source, and the data shows these younger buyers ultimately used agents to purchase a home. Source: National Association of Realtors
An experienced attorney can insure you’re buying what you think you’re buying and protect you against unexpected and unwelcome costs and expenses at closing and afterward. My expertise can help you achieve the best results for you and your family. For more information, please contact me at: 203-544-9945 or Beth@eedwardslaw.com.
