The Property Pod

Inman, iBuy & How millennials are shaping our industry


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Inman wrapup: Millennials

  • Stats, stats, stats: The USA has 82 Million Millennials
  • Over 72% would like to buy a home
  • Over 52% of them believe homeownership showcases success (these percentages would be similar to AUS)
  • By 2021 over 50% of the world's percentage will be millennials so how do we ensure we are catering to their needs.

What do millennials want? 

    • Ease of use / speed/ transparence
  • How do we offer it?
    • Tech / AI / Voice Activation / Reports & analytics 

Inman wrapup: iBuy

  • Currently makes up less them 1% of the entire USA market place
  • Is expected to grow by 5% in the coming 12 months
  • What is it? How does it work?
    • Zillow.com > Realestate.com.au
    • Will it come to australia? YES
  • How does it add value?
    • Over 40% of Americans now receive an iBuy quote but less then 2.5% accept the offer that is given to them
    • Helps you get a better understanding as to what your property is worth in the current market place

Inman - New tech and expectations 


Big takeaway is that clients are looking for more out of a property listing


Immersive experiences are what people want

  • Matterport
  • VR Experiences
  • Feeling of being there
...more
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The Property PodBy Aaron Horne, Patrick Berry & John McGregor


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