English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

My husband and I are considering his employers offer to move to another state. I'm not 100% sure that they will pay to corporately relocate us. Is it possible for us to just go to a Realtor and sell our home through their Relo department? Not sure how all this works. Any and all info would be greatly appreciated!

2007-07-12 07:16:13 · 3 answers · asked by house_questions 1 in Business & Finance Renting & Real Estate

3 answers

Generally no. Relocation arrangements include an offer to purchase by the relocation company after a specified amount of time on the market by the sellers. Such arrangements are considered a benefit to the relocating employee. If your husband cannot negotiate such a deal for himself, you are better off to select the real estate firm of your choice and market the property.

There is no benefit of selling through relocation unless you can manage to get a guaranteed buyout from the relocation firm.

2007-07-12 07:32:19 · answer #1 · answered by acermill 7 · 0 0

Hello I am a Realtor in Fresno, CA. Normally, when your employer relocates you to another state, they contact a realtor to work in moving you. Speak with your employer and find out what real estate company that they use because you could get a rebate and save time and money! Usually, when Relo is involved. The relo co. might have a deal where they have only so long to sell your property, or they have to buy it from you as well!!! The Relo co. will contact the other Relo. office in other state and introduce you to them, and they should speak with you, arrange for a tour, and show/sell you a property, help with moving, etc. Where are you located?

2007-07-12 12:45:40 · answer #2 · answered by michelle j 1 · 0 0

Well add me to the list of those who've received invitations to work. While today's internet is truly a source of mega-scams, just consider what's being offered here. Since you are working as an independant contractor and will receive a 1099 form at the end of the year and the fact that the company is based out of the US there is no need to supply them with your SS#. If you're concerned about them getting your bank account number then set up an account that will only be used to receive your wired monthly income and, by the way the money they offer is pretty much in line with what's being paid to other middle managers in similar situations. The concern here should be whether or not you're paid at all. If it is a money laundering scheme that you have NO KNOWLEDGE of there is a severe limit to the amount of culpability that you carry. They mention setting up a bank account for you to direct payments from and as long as your name is nothing more than an authorized user then again you have no tie to any schemes. I'm not defending them but I have been working with independant contractors for over thirty years and they're not doing anything that I have found to be untoward. I say you have nothing to lose until they make some overture that goes against your morals or that is obviously illegal. I for one intend to give them the 2 month probationary period (and here's the spot for the scam. They use you for 2 months don't pay you and let you go. Since they're home-based in the UK you've got a snow balls chance in Hell of ever seeing those funds.) Good Luck to all. I'm going to give it a try. Incidently their website is rather well done and offers all the services that one would expect from and IT specialty company. If it's a scam it's certainly one of the most elborate setups imaginable.

2016-05-20 22:28:38 · answer #3 · answered by bianca 3 · 0 0

fedest.com, questions and answers