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NAR Tackles Real Estate Marketing to Millennials

By
Services for Real Estate Pros with Morris Real Estate Marketing Group
Let’s face it: Connecting with Millennials can be a challenge. Of course, if you’re a billionaire tycoon in Australia, you might believe that they are not worth your effort because Millennials are more interested in avocados than home buying. The National Association of Realtors® (NAR), however, recognizes that Millennials purchase real estate. In fact, over the last few years, Millennials have represented the largest slice of home buyer pie at 34 percent – many of whom are first-time home buyers. With this fact established, NAR has turned attention and advertising dollars towards this specific target market.

NAR’s campaign faces three primary goals:

  1. Prove Relevance – Why it’s necessary to have representation in the home buying process.
  2. Raise Awareness – Real Estate Agent vs. Realtor®.
  3. Spur Action – Motivate Millennials to purchase a home through a Realtor®.

NAR has attempted to tackle these tasks by partnering with the ultra-successful television series Modern Family, specifically with character Phil Dunphy, Realtor® extraordinaire.

Of course, as a real estate professional your budget may not be quite as high as the National Association of Realtors®. If you would like some information, tips and tricks for real estate marketing to Millennials on a budget, please check out Morris Marketing Group's:

Millennial Home Buying Facts, Stats and Marketing Tips that Realtors Need to Know

Comments(2)

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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Darcia, great post, and we do need to know the difference and how to work with our young buyers.

Aug 15, 2018 02:28 PM
Morris Marketing
Morris Real Estate Marketing Group - Toronto, ON
North America's #1 Real Estate Marketing Systems

Thank you, Joan!

Aug 21, 2018 09:49 AM