November 2, 2009
I am moving and a relocation company is taking care of the sale of my home. How does this work?
Jay W asked:
My wife is getting transfered and we haven’t talked with the relocation company yet. We have our home on the market with a realtor now but the contract expires in a month. Will the relocation company give us our asking price or do we need to negotiate with them? The more information you can provide the better.
Relocation To Atlanta
My wife is getting transfered and we haven’t talked with the relocation company yet. We have our home on the market with a realtor now but the contract expires in a month. Will the relocation company give us our asking price or do we need to negotiate with them? The more information you can provide the better.
Relocation To Atlanta
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Comments on I am moving and a relocation company is taking care of the sale of my home. How does this work?
8:32 pm
Relocation To Atlanta
This varies from contract to contract. Your employer has negotiated a contract with the relo company dictating what they will do. Those negotiations determine what your benefits are.
In general you should not put your home up for sale without talking to the relo company. They have particular realtors they have contracts to sell the houses. They may penalize you for not using their realtors (assuming you didn’t use their realtor).
Since your asking price can be completely unrealistic I doubt they will simply use that number. Their contract with your employer should specify what number they will use. Find out what arrangements your employer has made with them.