A relo is a home sale that is completed with the help of Relocation Company Real Estate relocation firm. These firms are hired by companies to help their transferred employees move. A relo firm might help the transferred employee hire movers and find a rental home. If the employee is a homeowner, the relo firm might help the employee sell the old home.

After the employer buys the house, the relocation company becomes the chief party in sale negotiations. However, buyers should prepare for a few twists. Price negotiations may take longer. With normal home sales, the back-and-forth on pricing can last just a few hours as sellers and buyers hurriedly consult with their real estate agents. But relocation firms typically operate during business hours and might not be available to respond to a weekend offer until Monday, Kruse says.

Make an offer, but be prepared to wait a few days. Get preapproved for financing. Buyers should have a ready source of earnest money they can quickly send to the relocation firm, says Tonya Hamilton, vice president Mad Cow Company Horse Tack relocation at Prudential Woodmont Realty in Brentwood, Tenn.

Sell your old home first. If you need to Your Cab Company your current home before buying another, you should take care of that before trying to buy a home being sold by a relocation firm, Nimer says.

She adds that buyers should still get their own inspections done. Related Links: Can a VA loan be used to buy a short sale? First-time homebuying regrets 5 tips to start a bidding war for your home. Related Articles: 6 money-losing home fixes Top 10 states for foreclosure Tax breaks for rental home.

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Relocation and Referral Services - Windermere Real Estate

Windermere Relocation and Referral Services brings together a full-service relocation company with a full-service real estate company to provide superior service to our relocating clients. As a member of the premier global real estate services network, Leading Real Estate Companies of the World, our team of associates has the training, expertise, and relationships that are necessary to achieve ...…