Goldman Sachs and the Millennial Generation

One of the largest generations in history is about to move into its prime spending years and I am curious to watch the effect it has on real estate nationwide in addition to the Hamptons Real Estate market. As new wealth is created and generational wealth transferred, it will be interesting to see how the Millennial generation spends its money. I look forward to being a part of the Hamptons Real Estate landscape during this time and playing an integral role in facilitation transactions.

Millennials will reshape the economy as evidence of this transition is already taking place. The millennial generation is the largest generation in US History. The Millennial Generation is slower to marry and slower to move out of their parents home and have different attitudes regarding home ownership. They believe in a sharing economy. Signs of a sharing economy are already seen in the marketplace (airbnb, Uber, Rent the Runway, Zipcar, etc). Their unique experience of growing up digitally will change the ways we buy and sell, forcing companies to examine how they do business for decades to come. Millennials have instant access to reviews, price comparison, and product info. How will this impact or change the real estate landscape? How will the real estate business be different in years to come?

When you are ready to sell your property, you should be treating the sale of your home in the same fashion as choosing a financial planner or a doctor. The sale of your home is just as important.