How Your Next Lead Decides to Call is Changing

How Your Next Lead Decides to Call is Changing

Generational shifts are changing how buyers and sellers decide which agent to call. The gold standard of a friend or family referral is all some generations need to contact you, but for others it's just the beginning of building the trust needed for them to become your client. Different generations of leads build trust in different ways and the trend is shifting.

For decades, real estate trust was built through personal relationships. A neighbor's recommendation, a family member's referral, or a friend's endorsement were the most powerful motivators behind why a buyer or seller would contact an agent. Relationships still convert, but how generations form trust is changing.

Recently, media conversations were stirred-up by a fascinating study from BrightLocal on consumer trends, with some running headlines overstating how more consumers trust online reviews than referrals. The truth of the trend is more subtle. BrightLocal isn't the only study calling attention to it, and it directly impacts how future clients decide to contact you - or the competition.

BABY BOOMERS AND GEN-X

These generations built their trust through people they know and they still do. Many are more likely to be skeptical of how reliable an online review is than the advice of a friend or family member. In a recent study (HolidayCheck, 2026), just 13% of baby-boomers considered online reviews credible. NAR's 2025 Generational Trends report echoes this sentiment, showing that older buyers and sellers overwhelmingly choose their agent through personal recommendations and past experience.

For these generations, referrals remain the strongest trust signal. Reviews matter, but they're a supporting actor, not the lead. If you have been doing real estate for a long time, this is probably the currency of trust you grew up with and it feels both familiar and comfortable – so let's move on to how younger generations are building trust.

MILLENNIALS AND THE TRUST DIVIDE

Millennials today are in their early thirties to mid-forties and while they still value personal recommendations, they move trust trends forward. Overwhelmingly more than any other generation, they will write business and service recommendations (61%, Neil Patel, 2025). But millennials also rely heavily on online reviews when making decisions. The BrightLocal statistic the media misinterpreted was this: Millennials are among the most likely to trust online reviews as much as personal recommendations.

NAR's 2025 report reinforces this blended behavior: Millennials are the largest buyer cohort (29%) and 81% of them begin their home search online. They compare agents digitally, using online information to validate referrals before they call.

A Millennial buyer may receive a referral from a coworker, but they won't act on it until they've looked the agent up online. They want to see recent reviews. They want to see consistency. They want to see what the broader community says. For Millennials, trust begins with relationships - but it's completed online.

If you have noticed a trend in your business where you do well with Gen-X and Baby Boomers, but you are striking out with Millennials, it's time to start looking at how polished your online presence is. That's where Millennials and younger generations are forming their first impression before they reach out.

Striking Out with Leads and Referrals?

It's time to look at how polished your online presence is. Even with a referral, buyers and sellers are looking online to know more about you before they contact you. We make sure your first impression is the one that builds confidence!Check Your Presence

GEN-Z AND THE DIGITAL CONSENSUS

Gen-Z is the first generation where online reviews can equal - or even outweigh - referrals. In HolidayCheck's generational study, 41% of Gen Z consumers considered social media reviews “particularly credible,” far higher than older generations. Gen-Z consumers will cross-check multiple platforms before trusting a brand or service. They look for patterns, not single endorsements.

The BrightLocal study shows that younger consumers are the most likely to place online reviews on the same trust tier as personal recommendations. And while Gen-Z is still a small share of buyers and sellers in NAR's 2025 report, they are the most digitally native group - and the most likely to start their search online. Their trust formation begins on screens, not in conversations.

Gen-Z is the generation entering the housing market now and will come to dominate it in the years ahead.

REFERRALS ARE NOW THE FIRST STEP

Across all younger generations, one behavior is becoming consistent: the referral is no longer the end of the trust journey. It's the beginning.

A modern client's trust-building process often looks like this:

  • A referral is offered.
  • They look the agent up online.
  • Reviews, ratings, and recent activity shape the client's confidence.
  • The client decides whether to reach out.

If your online presence is thin, outdated, or inconsistent, the referral may never convert. Their trust breaks before you even know the lead was there. Referrals still open the door, but reviews determine whether someone walks through it.

BUILD YOUR REVIEW BASE NOW

Agents who rely solely on their sphere are aging with their sphere. The generations who trust only personal recommendations are not the generations who will drive the next decade of real estate demand.

We see this on the ground too in our coaching – experienced agents with decades invested in their profession, hundreds of homes transacted, and only a handful of reviews. The older generation might overlook this disconnect, but younger potential clients are wondering, “Why doesn't this agent have reviews?” And they are moving on.

Agents who invest in reviews today are building the trust foundation for the buyers and sellers who are already shaping the market. Have a system for asking for reviews and feedback from every client. Make a plan to reach out to past clients. A missing review doesn't mean they didn't appreciate you. They were probably too busy getting settled into their new home.

A strong review presence protects your referral business, amplifies it, and ensures that younger buyers - who verify everything - see what your sphere already knows. For a growing number of buyers and sellers, trust is no longer built on who knows you, it's built on how they find you and what they see when they do.


By Denise Lones CSP, CMP, M.I.R.M.
The founding partner of The Lones Group, Denise Lones has over three decades of experience in the real estate industry. With agent/broker coaching, expertise in branding, lead generation, strategic marketing, business analysis, new home project planning, product development and more, Denise is nationally recognized as the source for all things real estate. With a passion for improvement, Denise has helped thousands of real estate agents, brokers, and managers build their business to unprecedented levels of success, while helping them maintain balance and quality of life.