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Relocation Concerns

Relocation ConcernsResearch from the US Census Bureau shows us that approximately 15 percent of the population is on the move, whether it is across the county or to another state. Experts recommend that home buyers learn as much as possible about the new area before visiting and moving. Information from web sites, chambers of commerce and real estate companies can help alleviate some of the anxieties associated with moving. Try to get local newspapers to get a feel of the area or visit their online publications (e.g., boston.com or townonline.com)

Relocating transferees working with a third party relocation company may encounter some challenges if they prefer to find their own real estate agent to help them and would like to have a Buyer's Agent instead of an agent who must work for the seller while "helping" them choose a new home. The largest company providing relocation assistance and agent referrals owns a number of the large national franchises that comprise approximately 60% of the agents in the workforce. They are under pressure to place referrals within their corporate umbrella and may not be able to put the buyer's best interests first by helping them choose a Buyer's Agent.

Another area causing strains in the industry is referral fees, which are approaching 40% of the commissions these days. The increasing percentage has prompted many, top ranked, agents with superior qualifications to pass on relocation business and corporate employees may be at a disadvantage working with new or inexperience agents who must take relocation leads to increase their personal business.

Make the Move - Transfer your home's services for FREE! 

Virtual Relocation is the most comprehensive web site devoted to the topic on the Internet. Homefair.com is a great resource for salary calculators, crime data, etc. Both sites will be helpful for anyone who needs to make comparisons between their old community and new one. Here are some of many items to think about before actually venturing out:

  • maps of the area
  • home prices
  • temporary housing
  • schools
  • child care - www.careguide.com
  • medical care
  • public transportation
  • banking
  • utilities
  • car insurance
  • driver's license
  • voter registration
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