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Get Ready for a Change- Gen Z Is About to Take the Real Estate Industry Over
The real estate market is facing a new reality, a reality where a large share of real estate buyers and sellers, as well as a new generation of real estate professionals, is going to be a Gen Z. Gen Z aka the digital natives aka iGen or centennials creates new opportunities and challenges for the real estate industry.
Born between 1997 and 2012, Gen Z is the first generation that is facing the fully digital world. These digital natives, who never knew the world without technology, are demanding a new approach to consumerism, shopping habits and brand expectations.
So what is the new reality that real estate professionals are facing?
Here are the key components:
Social media Virtual reality Artificial intelligence Gamification process Let’s dissect.
Meet the New Consumer and a New Generation of Service Providers AKA Gen Z Real Estate AgentsSo what makes Gen Z so different from other generations?
Gen Z is highly tech savvy. It is the first generation born in a fully digital world. Gen Z consumers are willing to work with real estate agents who understand them, and real estate agents who are willing to play by the rules of a new world, harnessing the power of modern technologies. Gen ... more
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