{"id":9686,"date":"2018-07-12T15:15:28","date_gmt":"2018-07-12T22:15:28","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=9686"},"modified":"2018-07-02T09:36:59","modified_gmt":"2018-07-02T16:36:59","slug":"74-of-millennial-parents-took-their-kids-opinions-into-home-buying-consideration","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2018\/07\/74-of-millennial-parents-took-their-kids-opinions-into-home-buying-consideration\/","title":{"rendered":"74% of Millennial Parents Took Their Kids&#8217; Opinions into Home Buying Consideration"},"content":{"rendered":"<p style=\"text-align: justify;\">The opinion of more than 55 percent of home buyers\u2019 children was factored into their decision on which home to purchase, according to a Harris Poll survey of more than 2,000 US adults.<\/p>\n<p style=\"text-align: justify;\">The survey also found that 74 percent of millennial parents \u2013 or those aged 36 and below \u2013 took their kids\u2019 opinions into consideration when buying a home. And in the case of renters, they pay even more attention to their kids\u2019 opinions, with 83 percent saying they took these into consideration when choosing somewhere to live.<\/p>\n<p style=\"text-align: justify;\">But while the trend might be strong, psychologists and some real estate professionals say parents should be wary of getting their kids involved in these matters. They say that moving is a very big decision, and that getting kids involved in the process might give them a greater sense of control and ownership. On the other hand, children may feel rejected if their parents are unable to meet their demands, said clinical psychologist Ryan Hooper in an interview with the Chicago Tribune.<\/p>\n<p style=\"text-align: justify;\">Interestingly, children can play a part in parent\u2019s home buying decisions without actually being asked to make a choice, said Adam Lietman Bailey, a New York real estate attorney and author of children\u2019s book \u201cHome\u201d. He said parents can help with this by asking their kids questions about what they\u2019d like, such as where their toys should be stored in the home and what kind of backyard they\u2019d like to play in. Even so, \u201cmost parents already know [their kids\u2019] desires and needs,\u201d and \u201cmoving decisions are likely at a level above the child\u2019s thinking capacity when choosing a home,\u201d Bailey says.<\/p>\n<p style=\"text-align: justify;\">Santa Clarita, California-based estate professional Tracey Hampson related how one client\u2019s home search was prolonged due to his insistence on asking for his kids\u2019 approval on any home he viewed. The buyer was almost ready to submit an offer on one home with a pool, but then his children started crying. The kids didn\u2019t want a pool, it turned out.<\/p>\n<p style=\"text-align: justify;\">\u201cThey ended up not submitting an offer,\u201d Hampson told the Tribune. \u201cSo speaking with your children before you make a real estate decision is wise, but I wouldn\u2019t base the purchasing decision solely on their opinions.\u201d<\/p>\n<p style=\"text-align: justify;\">Kids often make very emotional choices, being swayed by home design TV shows or getting stuck on certain values, and will only consider the immediate benefits to them personally, said Aaron Norris of the Norris Group in Riverside, California.<\/p>\n<p style=\"text-align: justify;\">\u201cTheir opinions can change tomorrow,\u201d said Julie Gurner, a real estate analyst with FitSmallBusiness.com. \u201cAs harsh as it may be to say, this decision should likely not be made contingent on a child\u2019s opinions but rather made with great consideration into what home can meet their needs best. You can give them an opportunity to customize it a bit and make it their own.\u201d<\/p>\n<p><a href=\"http:\/\/realtybiznews.com\/should-you-let-your-kids-influence-your-home-buying-decisions\/98749193\/\" target=\"_blank\" rel=\"noopener\">Should You Let Your Kids Influence Your Home Buying Decisions?<\/a> by Mike Wheatley | Realty Biz News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The opinion of more than 55 percent of home buyers\u2019 children was factored into their decision on which home to purchase, according to a Harris Poll survey of more than &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2018\/07\/74-of-millennial-parents-took-their-kids-opinions-into-home-buying-consideration\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-9686","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>74% of Millennial Parents Took Their Kids&#039; 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