Don't Get Housing Sticker Shock After Accepting Job Offer

In the flurry of activity interviewing and travelingbetter employees.-Costs and expenses that can
for a position you really want, you might overlookbe covered by a relocation policy include; 1-3 all
the housing quotient of your new career move.expense paid familiarization trips to destination
Housing prices are at record highs, and sadly yourcity, home sale and purchase assistance,
new job location may put you in the housing poortemporary housing in destination, and storage of
house, even if your compensation is also athousehold goods.-When looking for a new home in
record highs. Moving from a smaller market to aa market new to you, be diligent about local real
major metropolitan area can inflect major stickerestate market conditions. Ask how long the
shock when it comes to purchasing a new home.average home is on the market before going
What's a potential transferee to do? Be preparedunder contract. This will provide you with
to do some research to arm yourself in salaryinformation if you need an exit strategy sooner
and relocation negotiations.-Ask your recruiter ifthan later.-Read and study your relocation policy
you are working with one, or the humancarefully, all your benefits will be outlined in detail.
resources contact at your potential new companyProcedures typically must be followed to receive
to provide housing statistics on the area yourall financial compensation under a policy.-If you are
moving to. Look for average sold home pricesmoving for a first job or moving to a new
and commuting times.-Spend a considerablecompany in a new location, there might not be
amount of time on real estate web sites lookingany relocation benefits for you. Factor all the
at available properties. offers the largest datacosts if you must bear them. Sales costs on your
base. You'll have a good idea of where you fit intoexisting home, purchase costs on your new
a new housing market and how close or far you'llhome, moving and transportation costs,
be, considering how much you can afford to paytemporary housing, and household goods storage
for a home.-Direct your recruiter to not sharecosts.Mark Nash is the author of "Fundamentals of
your plans for a potential job move with eitherMarketing for the Real Estate Professional",
local real estate agents or those in the destination"Starting & Succeeding in Real Estate", "Reaching
city. You have enough to juggle without agentsOut: The Financial Power of Niche Marketing", and
looking to appraise your current home or meeting"1001 Tips for Buying and Selling a Home". Mark is
with new ones where you might be moving. Don'ta contributing writer for: Realtor (R) Magazine
go house hunting until there is a formal writtenOnline, Broker Agent News, Real Estate Executive
offer on the table.-If your new to corporateMagazine, Principal Broker, and Realty Times. His
relocation, this is an experienced business model.tried and true real estate tips has been featured
Basically the employer is trying to contain costson CBS The Early Show, CNN, HGTVpro.com,
moving you, but at the same time understandsThe New York Times, and USA Today.
happy transferees and content families make