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Business Relocation Considerations

Posted on December 24, 2017 By In Uncategorized With no comments

So you were offered to relocate to another branch of the company.

You were offered a pay raise and tons of benefits, loads of potential and more.

A million questions start rising.

Will the new location be is expensive to live in?

Will my salary be enough?

What about the wife's job?

Will the kids like it there?

Will you like the new job?

What is the impact on your career if you turn down the offer?

It is well known that relocation is among the most stressful events that can happen to a person, or a family. For many people the decision to relocate involves many financial, personal and emotional decisions. What can you do to make your relocation decision easier and relocation itself smoother?

Here are a few tips:

Find out about Relocation aid

Many employers have agreements with relocation companies and offer financial benefits, such as paying for moving expenses, providing buyout for your home if it does not sell before move date and more. Ask your employer and take advantage of their assistance.

Pick the Right Realtor to sell Your Home

Pick an experienced real estate agent. Do not hire the agent who offers the highest listing price.

Check Out Your new neighborhood

One of the most important factors in your decision will be the local economy and housing market in the new location. Not knowing the average cost of living in the new location you might find yourself falling behind financially rather than advancing.

Make a Few Preview Trips

It will take some time for you to get familiar with a new area. Make a few visits to get comfortable there. Check out location for Schools, Churches, Shopping centers etc – to determine how convenient this would new location be.

Find a Real Estate Agent in Your new location

This person would have made your guide to an unfamiliar place. Make sure he knows enough to do that.

Decide about the Moving Services to Use

If you're moving long-distance, be sure to use a reputable, insured moving company that frequently handles this type of relocation. You will be entrusting these people with precious cargo and personal belongings, so shop around.

Make Travel Arrangements

As soon as you know move move date, book the flights. If you have got pets, be sure to make arrangements for them too. Decide what comes along with you and what items are to be sent with the movers. Keep in mind the number of changes of clothes and the weather, and make sure you keep prescriptions and important paperwork with you.

Attend to Transitional Details

Have utility services such as gas, electricity, television and Internet connections turned off at your previous home and turned on in your new home on moving day. Fill out change-of-address cards at your local post office, and notify credit card companies, banks and other important contacts.

Source by Eyal Barzilay

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