A condominium isn’t at the top of every buyer’s wish list, but they are ideal for many clients. With everything from small, four-unit buildings to towering complexes with hundreds of units and extensive amenities, condo buyers have vast choices. Buyers of condos also vary widely, including people seeking starter homes, buyers desiring a second home, retirees, and investors. As a result, condos are a diverse market that presents unique challenges for buyer’s reps.
12 Key Considerations for Condo Buyers
Member News
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Get Ready for Gen Z Buyers
Baby boomers and millennials have dominated the homebuying conversation in recent years, but Gen Z has “entered the chat.”
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Building Your Pipeline
In light of the current market dynamics and shifting industry norms, it’s critical for buyer agents to prioritize building and nurturing their client pipeline like never before. With severely limited inventory, high interest rates, and high prices, the home search can be a lengthy and uncertain process for many buyers.
Even if you have a healthy number of buyer-clients you’re currently working with, they may be slower to get to the closing table—if at all!