For your employees on the move, housing is most likely going to be one of the biggest areas of concern and potential stress, and often comprises the largest portion of the relocation budget.
But the right support can turn this part of the process into a win – for you, your employees and their families.
From marketing support and guidance with negotiating offers, to formal home sale or guaranteed price schemes, we can take your employees through every essential step of home selling, buying or renting on both sides of their move.
For your employees on the move, housing is most likely going to be one of the biggest areas of concern and potential stress, and often comprises the largest portion of the relocation budget.
But the right support can turn this part of the process into a win – for you, your employees and their families.
From marketing support and guidance with negotiating offers, to formal home sale or guaranteed price schemes, we can take your employees through every essential step of home selling, buying or renting on both sides of their move.
We can design programs that save you real-estate related costs and reduce tax liabilities, minimize the time needed for and expense of temporary accommodation and help your employees get quickly up to speed in their new role.
We can put our dedicated consultants and a vetted network of experienced real estate professionals to work, helping them at both origin and destination locations, and minimizing the expense and stress of managing multiple properties.
We know how important it is that everyone on the moving journey is happy and settled into the new location – and ready to call it home.
With our home marketing assistance program, we will:
With our home marketing assistance program, we will:
Taking a home marketing assistance program one step further, our home sale programs are designed not only to help simplify the process for you and your employees, but also to offer a benefit that is tax-efficient to your company and your employees, including:
Guaranteed Offer or Buyer Value Option (BVO) Programs
There are nuances to each type, largely centered around how the offer/value amounts are determined, using professional broker market analyses, real estate appraisals and bona fide outside buyer data.
But simply put, both programs manage the home sale process for you. With two distinct transactions of the sale from your employee to us and us to the ultimate buyer, they provide relief from tax liability for the payment of the closing costs and real estate commissions – treated as taxable income in a direct reimbursement model, and frequently “grossed up” by employers to offset the financial burden to the employee.
These costs must still be paid, but when structured properly and following 11 well established industry guidelines, they are not considered taxable income to the employee, which can save you significant amounts in tax gross-up payments.
We can also help your employees and accompanying family members select the right neighborhoods and secure their new homes in the destination locations, by carefully assessing their needs, lifestyle priorities and budget, and putting our local market and real estate expertise to work.