The article below outlines the importance of educating the buyer and seller on the closing process and the costs involved. The survey shows that while Millennials are more tech-savvy, they are relying on their realtor to educate and inform them. This proves how complex the process can be.
When creating our new website, education was our main initiative. We provide tools such as the E-Quote Calculator and CSS Connection which includes a video series that provides an explanation to any questions the buyer and seller may have. The video series can easily be shared with anyone via email or social media. Our goal is to be a resource for consumers and their agents.
Survey Finds Millennials in the Dark on Closing Costs
ClosingCorp has released the results of a nationwide survey which reveals that approximately two-thirds of Millennials, adults between the ages of 18-34, who plan to buy a home are unaware of closing costs. The survey also found that across all adult age brackets, more than one-third of potential homeowners are “Not Very” or “Not At All” aware of closing costs.