If you are thinking about putting up your Costa Mesa home for sale, you can expect that a goodly number of the buyers who will be considering your property will be female. And increasingly, the decision-makers may be Millennials—part of the group reaching adulthood in the early 21st century. Distinguishing how buyer traits and preferences differ is important for understanding what features are likely to appeal to different groups.
For instance, the propensity for Millennials to use social media is a trait that can impact how they evaluate the Costa Mesa homes for sale that fit their search criteria. A recent research project by Better Homes & Gardens analyzed the differences between generations of women buyers “from Millennials to Boomers.” They found that more Millennials viewed homeownership as a sign of success than do other generations—so it’s not surprising that they favor a new home that is “attractive enough for social media.” Almost half of recent home-buying Millennials have posted or plan to post photos of their new home (versus 36% of GenXers and only 20% of Boomers). In other words, if you are keen on attracting a Millennial crowd, bear that in mind when preparing for the photographs that appear in your Costa Mesa listing. For this group, there is a good chance that more glamor will equal more buyers.
Some things seem to never change, though, regardless of group. Even in the Better Homes study, which was specifically designed to reveal the differences in generational preferences, one “dream home” feature topped the chart across all groups. For Millennials, GenXers, and Boomers alike, Number One remains “a state-of-the-art kitchen”—followed by Number Two: “an outdoor pool.”
Differences appear in the third-place choices. Millennials look for “his-and-hers bathrooms.” GenXers went for “a media room.” Boomers preferred “a three-car garage.”
Another finding is one I was delighted to see. Better Homes & Gardens discovered that 86% of buyers had worked with a real estate agent—a pretty strong endorsement on its own. Even stronger: 97% said they would use an agent “next time”—apparently, experience is persuasive for all the groups. Whether you will be putting your own Costa Mesa home up for sale or looking to buy, we hope you’ll consider us as your agent. Do give us a call!
We are built on a philosophy of Heritage & Hustle. The L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission is to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. The L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, The L3 has grown to a full staff of 25 serving over 300 clients a year. The L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has The L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to The L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact The L3 today at 714-444-4663 or email us at firstname.lastname@example.org