6 Ways to Appeal to Millennial Buyers

by The Bitt And Beliveau Team 03/08/2020

Image by fancycrave1 from Pixabay

Those men and women from the millennial generation are now the largest segment of first-time home buyers. A full 66 percent of people who are purchasing their first home fall into this age group. Not only that, but millennials also comprise more than one-third -- 34 percent -- of the overall home buying market. It's crucial that you learn how to appeal to them. 

1. Opt for an Open Floor Plan

Today's millennials love to entertain and have guests in their homes. In order to accommodate their desire to offer people the best chance to mingle and get to see everyone, they prefer an open floor plan to separate spaces. This is especially true when it comes to the kitchen, living and dining areas. 

2. Updated Bathrooms and Kitchens 

Millennials prefer that the home they purchase has already been updated instead of them having to do it themselves. In many cases, this generation will have to use nearly all of their savings in order to put the down payment on their new home. This will leave them with little money to make any updates or improvements. 

3. Low Maintenance

While opting for low-maintenance features has always been a driving force for many home buyers, there is no generation that has embraced this concept more enthusiastically than millennials. Instead of spending their free time doing chores and home maintenance jobs, millennials would rather be entertaining or exploring their neighborhood's amenities. 

4. Add Home Office Space

Remote work isn't just the trend of the future. It's the way many millennials advance their careers these days. Carving out a dedicated space means that these young home buyers can simply move it and set up their work station without any lag time. 

5. Invest in Home Technology

Not surprisingly, millennials tend to be very comfortable with technology. Not only that, but they expect to connect with technology at every juncture in their lives. Opting for smart home features can help them save money, keep tabs on their investment and enjoy access to Wi-Fi throughout the home. 

6. Aim for Energy Efficiency

Millennials want to save money while also protecting the environment. Solar panels and smart thermostats are just two ways to help them do that. 

Many of the above tips will also make your home more attractive to nearly everyone who is in the market for a new home. However, they'll hold particular appeal for those who are millennials. 

About the Author
Author

The Bitt And Beliveau Team

Bob is known for giving clients his undivided attention. He takes the time to listen, educate, and advise while meeting individual needs for both sellers and buyers. He understands how busy we all are and makes every effort to maximize your time.

Bob had been with the Century 21 system for over 30 years and is a member of the Century 21 Master’s Hall of fame, a Centurion producer since 1992 and award winner of the coveted President’s Award.

In July 2019 Bob joined Berkshire Hathaway HomeServices Commonwealth Real Estate, a name revered worldwide and has stood for strength, integrity, and trust. At the same time Bob teamed up with his mentee Leanne Beliveau to form the Bitt and Beliveau Real Estate Team. Bob is passing on his vast knowledge and skills and Leanne now joins him in working in your best interest. Together we have a complimentary skill set that is unparalleled. You will be impressed with our level of service and professionalism.

Bob has served as President of his local Real Estate council of the Greater Boston Real Estate Board, coached both Arlington Little League and Arlington Youth Hockey, and is a member of the Touchdown Club of Arlington. He enjoys golf, the Bruins, cross fit, and obstacle racing.

As a former competitive gymnast Leanne spent ten years as a judging official for USA Gymnastics. She obtained her BS in psychology from Endicott College, as well as an MA in psychology from Brandeis University. Enthusiasm, knowledge, and transparency are her aim when working with clients. She prides herself on being attentive to her client’s needs and wants, her exceptional communication skills, and the desire to get the job done in a proficient, prompt, and professional manner. She particularly enjoys helping home buyers find the right homes for them and guiding them through the buying process.

In her spare time Leanne enjoys spending time with her three-year-old daughter Bellamy, reading, the Bruins, and stand-up comedy.

We are never too busy to service all of your real estate needs, so contact us today at 781-454-9900 or 617-893-1061.