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Selling Your Home to the Millennial Homebuyer

Categories: Blog | Posted: May 18, 2017

There’s a new generation of homebuyers out there, and they are distinctly different than those who came before them.

Millennials—a total of about 80 million people born between 1980 and 2000—constitute about 35 percent of today’s homebuyers, according to a 2016 National Association of Realtors study. Although many of them have school loan and credit card debt, they’re also living with their parents longer (a lot longer) to save money. It’s a market segment you can’t ignore, but you also can’t overlook the fact that they have strong preferences in their home choices. If you want to successfully sell to this generation, you need to learn how to appeal to the Millennial homebuyer. Here are some home staging tips.

They live lightly. Millennials aren’t clutterbugs. They aren’t likely to be weighed down by possessions, as they prefer to feel unencumbered, to pick up and go on a whim. They like simplicity in their surroundings. When you’re preparing to sell your home, be sure to remove all the extra décor and furnishings. What you might think of as “cozy” or “charming”, they might perceive as “mom’s house”.

DIY doesn’t cut it. This is a generation that has been accustomed to instant gratification. They want a home to be move-in ready. That means updated and clean. They want stainless steel appliances and granite countertops. Carpets are passé to this group; they prefer the natural look of wood flooring, so even manufactured wood, laminate, or wood-like tile is a plus.

Open spaces are preferred. This generation of homebuyer is looking for something more modern than their parents’ home. They want an open floor plan that is conducive to the frequent entertaining they anticipate. They prefer multi-purpose space to defined areas (like dining rooms). Show them how to use a space as a media room (with Internet connectivity, please) and you’ll get their attention.

Go for the green. Millennials are more committed to eco-friendly living than any other generation. They want energy efficiency in the construction (insulation, windows), systems (HVAC), appliances, and fixtures (toilets, showers, LED lighting). Be sure to point out any repurposed or recycled materials used in the home (cork or bamboo flooring, recycled glass surfaces).

Every year, more Millennials will prepare to buy a home. Are you ready to sell to them?

Take your spring cleaning outside: Exterior maintenance checklist

Categories: Blog | Posted: May 4, 2017

Spring cleaning is not just an indoor sport. The outside of your home needs some sprucing up this time of year, too.

Follow this exterior maintenance checklist and take your spring cleaning outside.

  1. Wash the walls. You might be surprised at how much dirt has built on your home’s exterior walls. Use a pressure washer to clean it, but be careful if you have vinyl siding or damaged shingles. The best way to clean vinyl siding is with soapy water and a long-handled brush.
  2. Inspect the roof. Snow and ice might have caused damage to your home’s roof. Check for cracked, loose, or missing shingles, and replace any that you find. Also, look for water stains on your ceilings. Melting snow might have left marks where you have roof leaks.
  3. Clean the windows and screens. No one enjoys washing windows, but you’ll enjoy the results of a better view. The best window cleaning solution is a mixture of equal parts of white vinegar and water. And don’t waste paper towels. Use crumpled newspaper, which doesn’t leave lint behind.

Scrub your screens with warm, soapy water and a soft brush. Small holes can be repaired by pressing the mesh back in place and applying a few coats of clear nail polish to hold them there.

  1. Clear out the gutters. Twice a year (spring and fall), you should remove all the debris from your gutters and flush out the gutters and downspouts with a hose. Build-up can lead to water damage to your home. Inspect your gutters for cracks and make sure they’re firmly attached.
  2. Refresh your patio, porch, and deck. Get ready for outdoor entertaining by pressure washing your outdoor living space surfaces. Reseal the decking. Check the steps and railings to be sure everything is firmly in place.

The upside of this side of spring cleaning is that you can enjoy the outdoors while you’re working through your exterior maintenance checklist!

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