Working with Millennial buyers- Real estate Waterloo

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What Realtors need to know about Millennials-
Real estate Waterloo
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• FACT New Home Inventory is low very low.
  However, builders are trying to find a way to
  increase construction of new, entry-level homes
  to accommodate the growing need. This is good
  news as would-be buyers have been frustrated in
  their search for a home that meets their needs 
  and their budget.
• FACT A large portion of Millennials slightly
  less than half are already purchasing their
  second or third homes. (Wow!)

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Working with Millennial buyers- Real estate
Waterloo

• First, communication is key.
• Millennials are well connected and have a large
  network. Their neighbor, relative or friend of a
  friend likely knows about real estate Waterloo
• However, they value key components and are not as
  likely to simply accept a referral without doing
  their research.
• Be social and have your contact information
  easily accessible online. Have you googled
  yourself lately? Do your contact information,
  website and social media platforms quickly pop
  up?
• Do you have a professional headshot? Monitor your
  online image and provide content that speaks to
  the clients you want to attract. Be ready to
  text, email, tweet, FaceTime and message. This is
  not your momma's real estate market, and we must
  evolve with the next generation of clients.

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• Tech up! Make the process convenient for them
  with slick apps and technology they can really
  submerge themselves in. They are much more apt to
  preview a virtual tour on their mobile device
  than schlep across town and fight I-4 traffic.
• Next, be an expert in the process
• Advise them on credit score and finances and be
  knowledgeable about the process.
• For example, a credit score is a numerical
  representation of your credit report. FICO scores
  range from 300 to 850, and the higher your score,
  the better Its best to use 30 or less of your
  total available credit.

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• Remind your clients not to open new credit cards.
  A new credit card could put a prospect in danger
  of not qualifying for a home loan in their
  desired price range or at the very least not
  getting the best rate possible.
• Besides the mortgage loan and down payment
  homebuyers should also set aside money for
  unexpected repairs and costs.
• Before they start looking (this means online,
  too!) buying prospects will want to consult with
  a mortgage lender. 
• A strong Real estate Waterloo will only make the
  transaction more successful and the client
  experience more pleasant. Trust Navroop homes
  with home search! Call us Today