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Feb 10 2016

Changing Millennial’s View On Commercial Real Estate

One thing is very true with Millennial’s, they have monetary power, intelligent minds, physical strength, and great skills of time management, but what they do lack is time. To best use their every single minute Gen Y uses each technology that is being offered to them and seems fruitful even to a minimum extent and that can make their work seamlessly convenient. This generation uses all communication modes and being on social media is their favorite mode of communication. Their dependency on technology for everything is visible on commercial real estate as well. Though they want to buy a commercial space, office to rent, or getting a new home for themselves, they will prefer to have its complete details online.

Preferred Communication Mode For Gen Y

There is an excess platform present that connects one individual to multiple people and people of Gen Y are active users of that. So, if you think to buy or rent commercial property these people will visit various locations, then you are wrong. These people first look at the property online and visit the exact location only to finalize the deals (most of the time).

Kind Of Space They Are Looking For

When it comes to buying commercial real estate or renting it, the millennial’s perspective has changed a lot. Now, they want attractive and well-connected space. They want the space with all facilities like broadband connectivity, transport connections, and most important location should be calm with a good view.

How They Choose Property

If you expect people of Gen Y to watch Newspaper advertisement property column or visit property broker’s office again and again, then your expectation with them is completely wrong. They are more inclined toward online facilities. They watch property online. There are many real estate portals and websites that match up to their needs. Now, everything is available with a click whether you want to check a commercial real estate, a non-commercial space, or a place to live. In addition to various portals, even social networking site is playing a major role in the marketing of real estate. People are actively participating in it to collect information from these sites and also to get feedback from people they may know.

Right Way To Choose Commercial Property

Ed Constable is one of the known names in the market if you are looking to sell, purchase or rent commercial real estate. In order to make commercial real estate dealing flawless and time-saving, Ed Constable has put in a lot of effort into streamlining the process. He has used all online methods to give comprehensive and precise information to buyers, seller,s and people looking for lease options. Ed Constable has acquired great credibility with his clients and other professionals. If you are looking to make something happen contact Ed Constable, Your Realtor for LIFE!

Written by SellMyHomeMI · Categorized: Buying and Selling Advice, Market Updates, Marketing Real Estate · Tagged: commercial real estate, commercial realtor

Reader Interactions

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