Corporate Relocations: Relocating your family to Edmonton Part 2

I've included some more question and answers relocation related.

Question: What if my employer doesn't pay for the move, are their any savings I can receive?

Answer:  This is a question you should ask your accountant.  If you are relocating a certain distance for work reasons Canada Customs and Revenue Agency could allow you to claim expenses such as flights, moving vans, hotel stays, meals, inspection costs, etc.  Again I am not an accountant, but check with your accountant to see if these expenses can be claimed by you.

Question: I don't know much about the area I am moving to, how do I know what is good or a bad area?

Answer: The short answer here is find a good REALTOR®.  A good REALTOR® will advise you on average sale prices in the area, crime concerns, commuting distances etc.   A good rule of thumb is, the higher the average price of a neighbourhood, the better the neighbourhood.  If it looks like it is a great deal, there is probably a location issue with the home.   Your REALTOR® can help advise you on what the best area will be for your price range.

Question: What is the market like?  I know where I am living everything is selling slowly.

Answer: Again a good REALTOR® will make you aware of what the average days on market is, how much the sellers are coming down in price etc.  Really market education is the key. 

Question: How should I pick a REALTOR®?

Answer:  Referrals from a REALTOR® you know in your current area is one great way.  That is how I am connected to most of my relocating clients.  Also, maybe friends or family members know someone. Some companies have a relocation program that assigns you a REALTOR® as well.  Be sure to check out the steps involved if you are part of a relocation program.  For example, I know with the Canadian Forces you can not list your home before you have your posting message.  If you don't follow the right steps, your relocation company may not pay for some of your moving expenses.  The internet is also a good way to find a REALTOR®, you can create diaglogue through emails and by the phone.  Don't be afraid to ask questions!

Questions:  When choosing a REALTOR® what questions should I ask?

Answer:  I would ask how many relocations they deal with per year. How experienced they are (important for neighbourhood knowledge). Do they personally work with you or do they put you in touch with a buyer's agent.  If it is a buyers agent how experienced is that agent.