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0 POSTS 0 COMMENTSIt is not difficult to sell a house in many parts of the country. Sellers face stringent loan requirements, high foreclosure rate, low sales prices, and steep selling fees. This makes it difficult to sell a home at the best price. Many homeowners choose to remain put than lose their home. Employees who are offered relocation may face more difficult decisions: sell their home, lose their job and rent it out to an absentee landlord, or sell their house in a buyer's marketplace. Companies don't want top talent to leave. What is the solution? There are solutions if HR departments, and those who are involved in relocation policies, accept that the realty market has changed the realities and sometimes the policies of relocating companies to areas such as the Midwest and beyond. Pre-marketing Bonus Programmes An employee can always be bought by the company and then sold through a realty firm. However, this is a risky and expensive option in today's market. Employees will have every opportunity and tool to sell their homes, but a good relocation policy will also place the responsibility for a quick sale on them. When looking for low-stress, it is important to remember that everyone and every situation are different. A company that offers a range of home sales programs that can be customized to your company's needs and culture will ensure that both employee and company needs can be met. Pre-marketing bonuses are a great incentive for many employees to quickly get their house on the market. Quick sale bonuses level the playing field and encourage sellers to accept less because of the bonus. The ideal scenario is that the home sells before the employee needs to move. However, a full-service company can assist with staging the home and showing it from afar to maximize its appeal -- for both a quicker sale and a higher price. However, it is important to focus on quick sales and not a set price. Temporary Housing Options Sometimes it is necessary to have someone on-site at the new place before the sale of their home. This doesn't need to be a problem if you have the support of a network of real estate companies. The relocating company doesn't need to spend a lot. dandenong removalistscompanies with extensive experience in the industry and connections in temporary housing markets make it easier to find the right temporary housing for employees at the right price. A relocation company can provide a range of services to help employees make the right choice about temporary housing. These include streamlining their options and consolidating existing temporary housing options in order to offer volume discounts. This high-quality, temporary housing is actually more affordable than the quick-sale bonus. Temporary housing is not something you have always considered a bad option for employees moving. However, the right relocation service provider can help and you searching a best company for shifting so Visit Our Website . Loss on-Sale Programs Companies often consider loss-on-sale programs when they face the problem of helping employees sell their homes. It is very simple. If an employee has to suffer a loss from the sale of their home, the company would pay for that loss or part thereof. This can be expensive, especially when combined with a premarketing bonus. It is important to ensure that the employee does not "undersell" the house. Instead, maximize its value. Employees will be able to get fair market value for their home if they set standards for loss-on sale reimbursements. This means that a worker who works with a particular choice of staging companies and real estate firms, and follows certain measures to encourage sales at the asking price may receive less loss-on-sale compensation. Loss-on sale programs are not an all-encompassing solution for companies moving. To ensure that the program is beneficial to the company, it's essential to conduct a thorough analysis. Here are some factors to be aware of: - The number of moves that were declined due to the loss of real estate - A decrease in the quality/cost of talent (i.e. the cost of keeping an employee versus the cost to hire and train a new employee). - Retention rate for relocated employees after a loss-on sale program Relocation Service Companies Can Help Even if you are familiar with the steps required to sell employees' homes faster in today's marketplace, it can still be overwhelming for an HR department. Relocation service companies have the industry knowledge and connections necessary to obtain the best pricing and the best service for temporary housing, real estate firms and home staging. CapRelo's President and CEO is Mickey Williams. CapRelo offers relocation services across North America and internationally for Fortune 2000 companies as well as smaller businesses. Williams strengthens CapRelo’s culture, values, and vision by allocating the right resources for core customer groups - clients, employees, transferees and suppliers, as well returning value to shareholders. Williams is an expert in federal government programs and led the acquisition of two federally-focused relocation companies. The resulting firm is the largest in the industry today.