Millennial Home Buyers: The New Target Market MABA Massachusetts FirstTimeHomeBuyers RealEstate

Most buyers, nowadays, want a home that’s light, bright and sparkling clean. Millennials, the generation born from 1980 to 1995, also want a home that’s move-in ready, modern with all the colors and comforts possible.
No millennial wants to buy their Grannies’ house, nor their parents’ house for that matter, it needs to be hip. It needs to be fresh. Their idea of the perfect home
So now that we know this about your target market, the question remains: How can we update our older residence to appeal to these yoga practice, organic food eater’s younger buyers?
Let me help you a bit on this situation, as a millennial buyer myself & after studying the market a little, based on my line of business, these are some pointers I can give you, that will help you much in the first visit.

Let’s remember, millennials want…………………

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FIRST TIME HOMEBUYERS

Who Pays the Home Buyer's Agent?

Both seller's agent fees and buyer agent's fees are part of a typical real estate transaction and are included in the final negotiated purchase price of the property. There should be no additional fees to the buyer for a buyer's agent above and beyond the negotiated purchase price of a home unless specifically agreed in writing between the buyer and agent before an offer is made.

In most cases, the seller's agent pays the buyer's agent for bringing the buyer, negotiating the purchase price and terms, writing a legally correct offer, coordinating inspections, responses, and financing plus handling numerous additional details on the buyer's side of the transaction.

Buyers should avoid contacting seller's agents and sellers directly unless they are comfortable negotiating and representing themselves. That is why it is important for buyers to choose their agents BEFORE they begin looking at homes or as soon as possible if they have begun looking.

Did you know that fewer than one percent of the agents and brokers in Massachusetts have committed to being 100% loyal to their buyers 100% of the time?

To learn more about the pros and cons of various types of buyer agents, or to get a list of experienced local 100% loyal buyer's agents to interview without obligation, click the button below.

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