Tag Archives: #remotework

Does Your House Have What Buyers Want?

The rise in remote work is changing what countless Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, so today’s buyers are looking for homes with more space to support their work needs.

As a seller, if you no longer need the extra room that you have in your home, rest assured there are buyers who do.

Remote Work Is Here To Stay

Remote work remains a reality for many Americans. A recent poll from Garter, Inc. shows many organizations have not yet returned their offices: “..66% of organizations are delaying re-opening their offices due to Covid 19.”

And it’s not just companies that are choosing to remain remote for the time being – workers are seeking more flexibility. Research from PricewaterhouseCoopers found that nearly one-fifth of employees want to be fully remote in the future.

The study also discovered that many people are leaving their jobs to seek out remote work opportunities. According to the report, among employees looking for new jobs “nearly one 10 says it’s because they moved away from the office while working remotely and don’t want to go back on site.”

That’s leading today’s buyers to prioritize finding homes with more space, so they can comfortably work from home.

The 2021 Home Design Trends Survey from the American Institute of Architects finds that 69% of surveyed individuals still want at least one office at home. But, it also shows that more people are looking for multiple spaces in their home for remote work and virtual meetings.

What Does This Mean for You?

If your house has extra space that you no longer need, buyers are interested, and now may be the perfect time to sell. Maybe the kids are grown and have moved away or you find yourself alone and using only a few rooms following the passing of a spouse or partner.

Bottom Line

With the continued rise in remote work, more buyers are looking for homes that can support multiple home offices. If you have extra room you’re no longer using, consider selling. Let’s connect today at 508-568-8191 or msennott@todayrealestate.com to discuss the unique features in your house and how you can capitalize on any extra space to appeal to today’s buyers. We’re happy to help.


By now, we hope everyone has their power back. We couldn’t have gotten through the storm without the tireless work of utility crews, public safety personnel and others. Please check out the video linked below.

https://www.youtube.com/shorts/_UdNRXApKEs

Enjoy your week…

Mari and Hank

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

A lot has changed over the past year. For many people, the rise in remote work has influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people thought working from home would be temporary, so they chose to get creative and made the space they already had work for them.

But recent headlines indicate working from home isn’t a passing fad.

If you’re still longing for a dedicated home office, now may be the time to find the home that addresses your evolving needs. More and more companies are delaying their plans to return to the office – others are deciding to remain fully remote permanently.

According to economists from Goldman Sachs in a recent article from CNN: “Job ads increasingly offer remote work and surveys indicate that both workers and employers expect work from home to remain much more common than before the pandemic.”

Other experts agree. A survey conducted by Upwork of 1,000 hiring managers found that due to the pandemic, companies were planning more remote work now and in the years to come.

According to Upwork: “The number of remote workers in the next five years is expected to be nearly double what it was before Covid-19. By 2025, 36.2 million Americans will be remote, an increase of 16.8 million people from pre-pandemic rates.”

How Does This Impact Homeowners?

If you own your home, it’s important to realize that continued remote work may give you opportunities you didn’t realize you had. Since you don’t need to be tied to a specific area for your job, you have more flexibility when it comes to where you can live. Moving to vacation areas like Cape Cod could be an option now, instead later when you retire. We’ve worked with many client over the last 12 months who have done just that.

If you’re one of the nearly 23% of workers who will remain 100% remote: 

You have the opportunity to move to a lower cost-of-living area or to the location of your dreams. If you search for a home in a more affordable area, you’ll be able to get more home for your money, freeing up more options for your dedicated office space and additional breathing room.

You could also move to a location where you’ve always wanted to live – somewhere near the beach, the mountains, or simply a market that features the kind of weather and community amenities you’re looking for. Without your job tying you to a specific location, you’re bound to find your ideal spot.

If you’re one of the almost 15% of individuals who will have a partially remote or hybrid schedule:

Relocating within your local area to a home that’s further away from your office could be a great choice. Since you won’t be going in to work every day, a slightly longer commute from a more suburban or rural neighborhood may be a worthy trade-off for a home with more features, space, or comforts.

We’ve seen these changes in our own family. Hank’s brother, whose company continues to push back return to the office deadlines, recently purchase a larger home with office space for both him and his wife. Our nephew, who lives in Michigan, just started a job for a Boston-based company that’s giving him the flexibility to work in the office or remotely, as he needs to.

If ongoing remote work is changing what you need in a home, or if you’re still living in a house that’s too big with closed off bedrooms that might be great office space, for a buyer who’s looking for some, we’d be happy to help you review your options.

We can connect at 508-568-8191 or msennott@todayrealestate.com.

Have a great week…

Mari and Hank

Time to Sell Your Vacation Home?

As summer comes to a close, is it time to think about selling your vacation home?

Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year.

If you’ve taken your last vacation this summer, here are reasons you should consider selling your vacation home this year.

1. Remote work continues to drive demand for vacation homes.

As the report from NAR says, based on continuously evolving work needs, there could be more interest in your second home than you think: “In 2020, the fraction of the laborforce that works from home is typically higher in vacation home counties than in non-vacation home counties…The opportunity work from home could further raise the demand for vacation home in future years.”

Barnstable County/Cape Cod is certainly a vacation home county. Median prices for single family homes across Cape are up more than 30% YTD. But, for those communities that we would consider more vacation-y, prices are up in Dennis (32.3%), Brewster (31.3%) and Wellfleet (34.9%), for example.

Recent data shows we’ll likely see a sustained increase in the rate of remote work over the next five years. That means your vacation home could be highly sought after by certain buyers. Lawrence Yun, Chief Economist at NAR, puts it best: “With many businesses and employers still extending an option to work remotely… vacation housing and second homes will remain a popular choice.”

With the virus not yet under control. many businesses have changed plans and delayed return to work schedules or made at home options permanent. This gives employees the freedom to consider other opportunities like vacation homes.

2. Selling could allow you to upgrade your vacation spot – or even your day-to-day scenery.

When demand is high, so is buyer competition. When competition is strong, buyers will do everything they can to make their offer on your vacation home as appealing as possible. This can include things like all-cash offers and concessions in terms of time you need to move, etc.. If you sell now, you’ll be able to benefit from high buyer competition and pick the offer with the best possible terms for you. That offer could give you the opportunity to purchase the home of your dreams.

Or, if you find that you’ll continue working from home, you could consider taking up permanent residence in your vacation property and selling your primary residence. While this isn’t a choice everyone can consider, it could be a great option.

Buyers remain interested in vacation homes this year for a number of reasons. Now that summer is winding down, it’s time to think about taking advantage of today’s demand for vacation homes. Interested in reviewing your options? Let’s connect at 508-568-8191 or msennott@todayrealestate.com. We’re happy to help.

Talk soon…

Mari and Hank