This Gen Z trait is causing them to lose out their dream home
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Gen Z homebuyers are finally entering the market — but there’s one trait that real estate agents warn could make them lose out on closing the deal.Detroit real estate agent and house flipper Hunter Schattler had the perfect house for his famous musician client.It was inside a coveted gated community on the water where families had lived for years, and the house itself was gated.Schattler, as he is prone to do, arrived early; but his client, a Gen Zer, did not.“My guy arrived 45 minutes late,” he tells Realtor.com.When the client finally got there, he loved the house; but because he was so late, the seller walked in the door, believing the showing was over.
The homeowner had two children, who immediately recognized the famous musician.“They were big fans, so the seller got curious about my client,” says Schattler.After doing a bit of searching online, the seller found out the client was in the press for having “a past that is a little troubled,” says Schattler.The owner then not only refused to sell to the client, but was angry the client had even been inside his house at all.The lesson?“Show up on time,” says Schattler.“If my client had done that, he would have the house.”“It’s a painful lesson in the importance of acting swiftly in a competitive market, where hesitation can lead to regret,” he says.Gen Zers don’t have a laissez-faire approach only to their homebuying.Bosses are generally unhappy with Gen Z hires, with 75% of the almost 1,000 managers surveyed saying they would be reluctant to hire another recent college graduate, according to a recent survey from Intelligent.com.
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Meanwhile, the survey found 9 out of 10 managers even said Gen Z hires need “etiquette ...