If you are selling your Buckhead home, turn that spare bedroom into an office to appeal to the growing number of home-based businesses. New research shows the economic importance of home-based businesses: They account for more than half of all U.S. businesses and employ more people than venture-backed companies.
More than half of all U.S. businesses are based at home. These companies often are dismissed as quaint hobbyist ventures, but new research suggests that's a mistake. An estimated 6.6 million home-based enterprises provide at least half of their owners' household income. Together these "homeprenuers" employ one in 10 private-sector workers, and by many measures they're just as competitive as their counterparts in commercial spaces.
A few trends are driving the growth of sophisticated home businesses. First, technology has made it easier to start and run a business from anywhere. But just as important, there has been a change of consciousness in the business world to recognize home-based enterprises as legitimate.
By clearing out an extra bedroom and staging it with a desk, file cabinets and shelving, you can demonstrate to potential buyers that the space could be a very suitable office. Make sure that the room has adequate electrical outlets to accomodate a variety of office equipment. By promoting your in-home office through your FMLS listing and other marketing, you appeal to potential buyers for whom an in-home office is a neccesity - or at a minimum, just a nice extra. It may also be the one feature that separates you from the competition!
For more ideas on selling your Buckhead home, call Greg Lyles at Conrad Lyles Realtors. (404) 841-9634
Source: Business Week
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