BABY BOOMERS GENERATION CHARACTERISTICS

By
Real Estate Broker/Owner with Texas Five Star Realty, Plano Texas

BABY BOOMERS GENERATION CHARACTERISTICS

As part of series of articles about generation gaps, this part provides you detail information, characteristics and values about the most populated generation, namely Baby Boomers Generation.
For information about definitions and identify all generations are present around us, please see Part 1 athttp://www.texasfivestarrealty.com/Generation_Gaps_Defintions.asp 

Part 3: Baby Boomers Generation

 

What defines a Baby Boomers generation?

  The members of this generation were born between 1946 and 1964.

  Major event in preceding year(s):

  World War II ended in 1945. Many Soldiers return home.

  The government passed the GI Bill of Rights in 1944, which gave soldiers a means to obtain a home (Offering VA loan), job and start a family.

  The result was boom in childbirths, which is where the title Baby Boomer is derived. Baby Boomers grew up in an era of prosperity and growth.

Characteristics of Baby Boomers Generation

  Baby Boomers were Born between 1946 and 1964

  They were exposed to a changing world where challenging the established culture was normal.  Willing to confront others and they will challenge the status.  Well educated and are exposed to more financial resources than the past generation.  Hard working and they define themselves by their careers and professions.  They like to be recognized for their hard work and achievements.  Disciplined and they mirror some of their parents’ work ethics. 
See Traditionalist Generation Characteristics.

Baby Boomers Working Style

  Career-focused and enjoy achieving at work.

  They like doing complicated work that makes a difference.

  Very competitive and they equate their worth by their status and position at work.

  Resourceful and look for different ways to win.

  Prefer a hierarchal work structure and may find it difficult to work in a flexible environment.

  Tend to favor face-to-face interaction instead of remote means like emails, text, etc.

  Though, The Baby Boomers had accessed to Computers, but they had very little exposure and need other smart devices and services we take for granted today (e.g., tablets, smart phones, social media, etc).

  The Baby Boomers valued their relationship with others. They will honor and value their promises. This affects how the generations deal and do business with each other. For example, a Baby Boomer may prefer to shake hand in a business transaction, but the younger would rather go through the legal process and signing documents in their business transactions.

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Rainmaker
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Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Millions of baby boomers have homes with equity and will be considering a move to a new home that meets their changing needs. This segment should be part of almost every agent's marketing strategy.

Sep 05, 2017 03:24 PM #1
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Rainmaker
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Bahman Davani, CM at Texas Five Star Realty, Plano, TX (214) 457-7055

Homes for Sale in Plano, Frisco, Prosper, Allen TX
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