Home Buyers and Sellers With Children: Understanding Priorities
Louisiana Realtors • December 27, 2018
Buying a home is an exciting time in anyone’s life. However, depending on the stage that your client is in, there are going to be varying priorities. This is especially true for a family with young children. This type of client is going to be focused on a lot of different things compared to a newlywed couple or empty nesters. Understanding not only what they want and what they need, but why is what makes a REALTOR® such a valuable resource. Here are some statistics that show what is important to potential homebuyers with children under the age of 18.
· 50% of homebuyers with children consider a neighborhood based on the quality of the school district, compared to 11% of buyers without children.
· 45% of homebuyers with children consider a neighborhood based on its convenience to schools, compared to 6% of buyers without children.
· 40% of homebuyers with children find their REALTOR® from a referral.
· 76% of homebuyers with children prefer personal calls from their REALTOR® for updates.
· 62% communicate via text message.
· 27% of homebuyers with children cite that child care expenses have delayed the homebuying process.
· 26% of home sellers with children try to sell their home urgently, compared to 14% of home sellers without children.
· 24% of home sellers with children need a larger home, compared to 8% without children.
· 18% of home sellers with children want to move closer to family, compared to 5% without children.
While each buyer and seller has unique needs, a REALTOR® is a knowledgeable professional there to help navigate any challenge.
NAR Community and Transportation Preference Survey reinforces need for housing choices and shows support for community design to easily access daily destinations.
New Blueprint for Housing: What the 21st Century ROAD to Housing Act Means for Louisiana Real Estate
Learn how consumer education helps Louisiana real estate agents build client confidence, strengthen relationships, and create smoother transactions.
