A relocation company is a company that specializes in helping employees move from one area to another for work needs. Relocation companies often work for employers. Relocation companies offer a variety of services between coordinating moves and handling real estate transactions. This is a non-exhaustive list of some of the specific services offered by relo companies.
You hired them to do a job, so it often makes sense for the company to give themselves more time to negotiate a sale or to have a property to relocate future customers to. While the company can handle the entire sales process for an employee moving to a new area, outside buyers can also find an opportunity to purchase the property that same employee has just vacated. Corporate relocation services often offer employee relocation assistance, including selling the employee's current residence, as well as purchasing a new home in the desired location. Real estate location companies are companies created to help you with the various stages of moving, especially if you are moving a long distance.
A relocation company can help with all aspects of the moving process, from physically packing and moving your belongings to your new home, to providing resources in your new city for dry cleaning. Corporate relocation services often help with employee relocation assistance, which can sometimes include selling the employee's current home as well as buying a new home in the new location. Relocation companies are usually hired by a corporation to help move their employees from one area to another. Most relocation logistics services are outsourced todayBefore the 1970s, employee relocation was usually handled by departments.
Before accepting a position that requires your relocation, be sure to review the relocation or agreement to see what level of service you will receive for your moving. Different relocation companies have different ways of working, but the core methodology remains more or less the same. RMCs provide outsourced relocation logistics management Although employee relocation is a logical function for corporations to outsource, it is not the main justification for its existence. What do the relo companies want from agents: So, you have received a relocation recommendation and are now working on the sale of that transferee's house.
Typically, agents working with RELO companies are guaranteed a steady stream of buyers and pay a high referral fee to the RELO company. It is important to note that both the relocation company and the home offered for sale are often referred to as “relos”.