Inman wrapup: Millennials
- Stats, stats, stats: The USA has 82 Million Millennials
- Over 72% would like to buy a home
- Over 52% of them believe homeownership showcases success (these percentages would be similar to AUS)
- By 2021 over 50% of the world's percentage will be millennials so how do we ensure we are catering to their needs.
What do millennials want?
- Ease of use / speed/ transparence
- How do we offer it?
- Tech / AI / Voice Activation / Reports & analytics
Inman wrapup: iBuy
- Currently makes up less them 1% of the entire USA market place
- Is expected to grow by 5% in the coming 12 months
- What is it? How does it work?
- Zillow.com > Realestate.com.au
- Will it come to australia? YES
- How does it add value?
- Over 40% of Americans now receive an iBuy quote but less then 2.5% accept the offer that is given to them
- Helps you get a better understanding as to what your property is worth in the current market place
Inman - New tech and expectations
Big takeaway is that clients are looking for more out of a property listing
Immersive experiences are what people want
- Matterport
- VR Experiences
- Feeling of being there