Trends That Attract Home Buyers

Trends That Attract Home Buyers

As a real estate agent, finding the right home for your client isn’t always easy. To find a home that interests a buyer, make sure that you know the buyer’s interest, which is a step in the right direction. To do this, you can ask the client what features they want in their home, and this way, you’ll be able to find the right home for them. Below are some of the trends that attract home buyers;

Outdoor Spaces

Many home buyers are always interested in a home with an outdoor space where they can get out of the house and relax without leaving home. In other cases, buyers want a blending indoor and outdoor living space where the living room is extended to the backyard. Outdoor spaces are important to buyers because, in summer, this space is perfect for dinners and barbecues or holding large gatherings.

Location

Location is another critical feature that buyers consider while buying a home. A home that is located in a secure neighborhood is one of the homes that interest buyers. Also, many are usually interested in homes that have easy access to main roads. Locations like these can

be very pricy, so it always necessary to go with your client’s budget.

Spacious Kitchen

The kitchen is usually considered the heart of a home. Homes with large kitchen areas, especially open floor kitchens, seem to sell faster. They sell faster because an open floor kitchen allows easy transition between rooms.

Home Offices

Many people have jobs which allow them to work from home. A home office is a feature that such types of buyers look for when purchasing a home. A home office with a door is essential because it helps one concentrate on their work without destructions. The room’s color choice should be considered because some colors do not provide a conducive environment to work.

Eco-friendly Features

Nowadays, home buyers are interested in homes that are energy efficient. Such homes are the ones that have hardwood floors, double panned windows, and energy saving lightbulbs. Homes that are energy efficient help to limit utility bills and also benefit the environment

The Number of Bathrooms

Homebuyers are often interested in homes with at least two bathrooms. As an agent, try looking for new homes for your client because most of them have this feature. A home with two bathrooms or more will tend to sell faster than that with only one bathroom because they help save time because you don’t wait around to wait for someone to finish using the bathroom. You could use the other one.

Every home buyer wants a home that has the features mentioned above. To find a home that ticks all these boxes, real estate agents should consider modern homes at affordable prices.

Real Estate Trends That Could Shape 2018

The real estate world is constantly evolving. Regardless of whether you are purchasing a home of simply looking to enhance your portfolio, it is important that you keep track of the latest real estate trends. Real estate market analysts have begun studying the market in advance of next year. Here is a look at some real estate trends to keep an eye on heading into 2018.

Online Brands Will Emerge

Heading into the new year, many real estate agents will look to establish an online presence. Recent market data has shown that both buyers and sellers are doing the majority of their research online first. The internet has allowed potential investors to make quicker decisions. With the increased access to previously private information, everything has become more transparent and accountable. It is much easier now to find the best agents.

Increased Emphasis On Smart Homes

Analysts are pointing to 2018 as the year that smart home automation will reach mainstream America. Agents and brokers are figuring out ways to implement the new technology into their presentations. There will be increased shading and light automation, as well as hardwiring and security. With an increased emphasis on smart home automation, more players will enter the mix.

Generation Z

The oldest of Generation Z, or those born between 1995 and 2001, are starting to graduate from college and become players on the real estate market. Like the millennials before them, Generation Z members prefer urban, big city life. Generation Z is expected to have a large influence on different brands and industries. Retailers will be under pressure to find successful marketing strategies.

Secondary Markets

Research has shown that secondary markets throughout the U.S. have grown past major cities. Analysts believe that secondary markets are considered a safe place for foreign investors. The growth in these secondary markets is considered sustainable over the long haul. Investors have secondary markets on their radar.

Specialization

2018 is primed to be the year that agents stop being generalists and start focusing on little details that can set them apart. Agents are realizing that regardless of what type of property they are selling, the small details matter.

Tax Reform

The potential tax reforms may impact the real estate market. The low income housing tax credits may be reduced, which could damage the affordable housing market. Investment amortization and the 1031-tax free exchange program are also at risk of being slashed.
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