Relocation Don’t Get Burned

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If you are fortunate enough to have some sort of relocation package with your job, it can save you a lot of money and time. Essentially, the relocation company will cover the cost of the sale and help you find a new home.

But Don’t Fall Into The Trap. The relocation company often works through it’s own network and thus funnels people into its own chosen realty companies. The realty manager then assigns an agent to work your sale.

What the relocation company won’t tell you is that you can choose your own agent, even if they are not from the relocation companies desired list.

Sellers:Since you get to keep the profits from the sale of your home, choose and agent that you want to work with and you feel will sell your home for the most money in the shortest amount of time. Then tell the relocation company this is who you want to work with.

Buyers: Do your own research, pick an agent.

There’s an big agency in town that I’ll call “Big Shop Of Horrors” which does a lot of relocation business. Of course the manager, steers the work based on personal discretion and with no hint of measurable agent attributes. (I think of those manager’s pets as “living on the dole”.) Go in there and you see a lot of agents sitting around saying “Feed Me”.

Hoboken Condos 2008
One bedrooms $400k+
active 89
Under contract 47
Sold since 1/1/08 53
Information deemed reliable but not guaranteed

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