For years, we’ve all heard about the most desirable home features buyers are looking for, from upgraded kitchens to remodeled bathrooms, master suites, and more. The latest on the hotlist, however, might surprise you:
In a recent article by
George Ratiu, Senior Economist with realtor.com, he notes how listings with an office are selling quickly:
“As more companies have been embracing remote work, buyers are driving demand for houses with home offices higher. Homes featuring the term ‘office’ are selling 9 days faster than the overall housing inventory.”
Today, more and more people are working remotely, and that’s not just because the current pandemic is prompting businesses to operate virtually. According to the same piece and the most recent data available, the number of employees working at home was fairly steady from 1997 – 2004 but has been climbing ever since
(see graph below):
Clearly, the work-from-home population is growing, and technology is making it possible. Just last month, according to an article on
, searches for telecommuting hit an all-time high, and that’s certainly no surprise given our current situation. Think Google
People all over the U.S. are looking for answers on how to be most effective at home, and it’s making the ideal workspace more and more desirable. In fact, best practices from seasoned work-from-home professionals, like Chris Anderson,
Senior Account Executive at HousingWire, tout that having a dedicated space is a must for productivity.
With today’s increasing demand for home offices, it’s a great feature to highlight within your listing if you’re selling a house that may meet this growing need. From bright natural light with large windows to built-in bookshelves or a quiet and secluded atmosphere, whatever makes your office space shine is worth mentioning to buyers when you’re ready to list your house.
“For housing, the continued increase in the share of remote workers implies that demand for homes with offices or dedicated work spaces will continue to increase. The current coronavirus pandemic offers a dramatic indication of the fact that companies and employees will have to develop plans and clearer policies for remote work beyond the current crisis.” Bottom Line
Remote work may become more widely accepted as this current crisis teaches businesses throughout the country what it takes to function virtually. So, what seems like a business challenge today may be more of the norm tomorrow. Contact us today to get started on plans to add a home office to your next new home.
By emilymorrissette-chime-me 5-26-2020
Happy 2nd Anniversary Chris!
Please join us in wishing Chris a Happy 2nd anniversary! Chris is a part of our Production Team. He handles interior trim and our punch list before presenting a new home to our Rock River customers.
Chris loves to go fishing, listening to music and being outdoors. Thanks, Chris, for always knocking it out of the park!
By emilymorrissette-chime-me 5-21-2020
Happy 2nd Work Anniversary to Emily & Travis! We have a double Anniversary here at Rock River and it just so happens they are married as well. We are super excited to have both of them on our team!
Emily is constantly on the go handling Sales for Rock River. She is a superstar and her bubbly personality always keeps her upbeat and infuses high energy into our office.
Travis is a hardworking Project Manager, who always has a smile on his face, giving us all a reason to smile in return. He loves to sing, and has been known to win singing competitions with his great voice.
In their spare time, you can find them chasing their 2 year old Skylar and traveling to new places. Thanks for everything that y’all do Emily & Travis!
By emilymorrissette-chime-me 5-14-2020