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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, Retired Broker/Owner
Denver, CO
Enjoying Every Day to Its Fullest!

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