The Benefits of Working With a Real Estate Agent When You Work From Home
The ability to work from home is a dream that has become a reality for many Americans. For the business owner who desires to work from home, finding the right property could present challenges. By teaming up with a trustworthy real estate agency like Northwest Integrity Real Estate, the home search can become easier for many reasons, including the ability of the real estate agent to customize the property search to meet your budget and business needs.
The Rise of the Home Business
With the arrival of the internet age, working from home has become a reality for millions of Americans. The number of home-based businesses in the US is estimated at around 15 million according to Fundera. With the growing trend in businesses operated from the owner’s home, there is also a growing trend for having an available workspace at the home.
Home offices surged in popularity recently, but many home-based businesses require a workspace even larger than a basic bedroom. Metal buildings on the same property as the home are becoming a common sight in suburban areas, making it possible for homebuyers to find a home that suits all their current lifestyle needs.
A Variety of Industries
A home-based business can be as simple as selling goods on Amazon, which requires ample storage space, or as complex as a small manufacturer of custom products. Either way, having a home business doesn’t lessen the risk of operating a business, and you should take steps to protect yourself.
Forming an LLC for your venture has several benefits over a sole-proprietorship or an S corporation, including limited liability, tax advantages, less paperwork, and more flexibility. States have different regulations around forming an LLC, so check the rules in your state before moving ahead. If you’d rather not do the legwork on your own, you can avoid hefty lawyer fees by using a formation service.
Team Up With a Real Estate Agent
For a business owner seeking a home that provides everything needed to operate the business, working with a real estate agent can take off some of the pressure of making that dream become a reality. Real estate agents know the market and can narrow down the search much more quickly than a homeowner who doesn’t have full access to MLS information.
Also, working with a real estate agent can give homebuyers an edge compared to someone who isn’t working with a real estate agent. Benefits of working with a real estate agent include:
- Easy access to homes of interest
- A professional who understands your needs
- The ability to make an immediate offer
- Knowledge of homes as soon as they come onto the market
- Protection for your best interests
- Information about local market conditions
- Knowledge of homes not on the MLS
The Right Agent Can Help Find the Right Home
When choosing a real estate agent to work with you, don’t just pick a random name from an online search. Research the different brokerages in your area. Ask business associates for recommendations, and interview any candidates you’re considering. A real estate agent who understands your industry can better understand what your needs are in your next home.
You should also choose a real estate agent who has plenty of experience. An experienced local real estate agent should be knowledgeable about neighborhood covenants and city regulations. It’s possible the business you operate would go against existing rules for a particular area.
If your business involves loud noises or lots of truck traffic, it could be that you need to stop looking for existing homes and instead purchase land in a rural area to build a new home from the ground up. If that’s the case, your real estate agent can assist with finding the land and recommending a builder.
Operating a home-based business provides numerous benefits to a homeowner. If the existing home can no longer accommodate the business, the best option is to work with a reputable agency like Northwest Integrity Real Estate to find a home that offers everything the business owner needs.