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How real estate agents can help a millennial home buyer

woman packing belongings

According to the ​National Association of Realtor’s Home Buyer and Seller Generational Trends Report for 2018​, 36% of all buyers last year were millennials.

As a result, many realtors are now refining their approach in order for them to accommodate the needs of the new generation of home buyers. If you’re a millennial who’s buying a home for the first time, here are several ways a real estate agent can help you during the home buying process:

Setting expectations

Thanks to online real estate resources like Zillow, Trulia, and the millions of home design websites and social media accounts, it’s easy to get lost in a sea of inaccurate information.

A real estate agent can be your friend throughout the process, and can provide you with important information that websites don’t have. They can give you more details on how tools like Zillow’s Zestimate works, help you determine the accuracy of certain information, and serve as your professional guide during the house hunt.

Good pricing

While you can look at homes online and find affordable prices, a real estate agent is still the best if you want to find the right situation that matches your budget and goals. An agent’s job is to help you find the best property within your criteria. In addition to providing you with options ideal for your requirements, they will also negotiate for the best price, which they can get through their access of current market prices.

Better variety of housing options

One of the biggest challenges of finding a home is knowing where exactly to look. When you work with a real estate agent, you get a handpicked set of options to choose from. In addition, a real estate agent is also contacted by sellers looking to put their home on the market, giving you quick access to homes that have just become available for sale. While it is possible to search for and buy a home on your own, having a real estate agent at your side will give you a huge advantage during your search.

Contract details

The home buying process can sometimes be stressful and time consuming, with many legalities involved. A real estate agent will work on your behalf, will explain unfamiliar legal terms, and breakdown the contract for you so it will be easier to understand.

Your agent will also make sure you get the right deal and will go through all the details of contracts and negotiations with a fine tooth comb. With their experience, real estate agents will also be able to alert you in case they detect any fraudulent issues and other suspicious activity during the process.

Timely communication

A real estate agent can address any concerns you may have through various forms of communication available today, such as email, phone, text messaging and even through social media apps.

With agents becoming more tech-savvy these days, you get more real-time information at your fingertips, whenever you need it (within reason, of course). Buying a home in Sayreville, Old Bridge, East Brunswick, or other nearby communities? ​Get in touch with us at Formula Realty at (732) 858-8822, or send an email to mybrokermax(at)gmail(dotted)com.