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Relocation: Will You Facilitate It, or Hinder It?

By
Real Estate Agent with eXp Realty of California, Inc. CA DRE #01490977

 Assisting someone with a relocation to the area is common in our business. Some of us specialize in this, or prefer to work with these buyers.

A relocation company may or may not be involved, which raises all sorts of other issues. That's a topic for another post.

Buying a home can be a challenge, and a major source of stress. Relocating from another area, a neighboring state, or across the country adds an additional complexity to the purchase process.

As a licensed real estate professional, will you facilitate the relocation, or will you hinder it?

 Here are some things I have found to be important:

  • Willingness AND ability to listen - you must be able to list to what the relocating buyer is telling you, or what they want or need.
  • Ask meaningful questions - you will need to ask probing questions that elicit information so you can help the buyers, who may know nothing about the area and perhaps don't even know what questions to ask.
  • Take careful notes - I'd say this is a good idea any time, but even more important when gathering the details about the move, the buyer's needs, timing, others involved (relocation company), and more. Relocations can get complex, and move quickly in some cases.
  • Flexibility - this is critical, and relates to all aspects of the process - when you are able to show homes, the time you spend touring properties, the areas you cover, timing of the process (when buyers can come to town, how quickly things must move along), your ability to flex with the changes that occur with the buyer's move, dealing with someone in a different time zone, and much more.
  • Knowledge - you really have to know your markets well, since you will likely get bombarded with many questions, particularly if the buyers know nothing about the area. AND you may need to become more knowledgeable about areas you don't know (great opportunities for acquiring information for localism posts!).
  • Empathy - you really have to be able to put yourself in the buyer's shoes and empathize with what is happening...a move to a brand new area, with a new job (perhaps), possibly family disruption, and often a limited time frame to make it all happen. If you have experienced a relocation yourself I think this adds to your ability to really understand that is going on.
  • Administrative Skills - there is lots to coordinate in any transaction, but a relocation can be even more difficult, especially if you have to deal with folks coming from a distance, different time zones, and communication that is not generally in person. Your ability to use the technology needed to coordinate all the paperwork effectively is key (email, text messaging, cell phones, faxing, scanning documents, and so on).

 And certainly just doing your job as a REALTOR with a keen eye on your client's interests will enable the process to happen as it should.

Are you up to the challenge?

Relocation - will you facilitate  it or hinder it? You decide.

Posted by

Jeff Dowler, CRS
Certified Residential Specialist / Realtor®


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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

I LOVE relocating buyers.  They are probably our favorite.  I have a gentleman coming in for a tour tomorrow who is relocating from NJ.  Love it.

I have a wonderful tour set up for him.  Relocating buyers are buying now.  They don't have the luxury of saying, "I liked some of the home, but let's go back out next weekend and see more."

 

Nov 26, 2007 02:49 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I agree, Lenn. Unless they are just moving "when they find the right home" (say a second home or someone thinking of retirement) the pressure is on and things move pretty quickly as decisions HAVE to be made. Good luck!

Jeff

Nov 26, 2007 02:54 AM
Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate
I facilitate it, and I love the buyers relocating. The sellers are difficult all the reports, putting the utilities in my name, paying the bills. You know.......
Nov 26, 2007 04:12 AM
Kate Elim
Dockside Realty - Spotsylvania, VA
Realtor 540-226-1964, Selling Homes & Land a

Jeff...Great topic.  Most of the buyers we get are relocating.  We have very few buying and reselling so I agree with the importance of "educating" the buyer.  Sometimes the geographical distance does not have to be all that big.  We need to explain about drain-fields, wells, access lot and homes, and other things that are even more specific to our area. 

We talk about the public vs. private side, cold side, warm side, main lake, lagoons, boat "house" and "shelter" and a few other things that I did not run into when I worked in a much more metropolitan area just 70+ miles away.

Interesting.

Thanks, Kathleen

Nov 26, 2007 05:06 AM
Kelly Sibilsky
Licensed Through Referral Connection, LTD. - Lake Zurich, IL
Jeff, I've been a relocating buyer before so whenever I work with someone who is relocating I can easily put myself in their shoes. It is an extremely stressful time and really important for the buyer to have all the information they need to make an educated decision. Good post!
Nov 26, 2007 06:25 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert
Jeff, I have been involved in doing Loans for people relocating to Connecticut from another State, and each one has been different.  But the one thing that always seems t be a sticky point is proof of continuation of employment and the needed documentation such as new paystubs.  But Borrowers relocating from out of State been very cooperative.
Nov 26, 2007 07:40 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Missy - thanks for pointing out the other side of relocation. I have handled both as well, but mostly the buy side. Lots of challenges and coordination either way.

Jeff

Nov 26, 2007 08:08 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Kathleen - great point! Amazing how much local stuff you can get into, even if someone is just moving a hour or so. Whodathunk!?

Jeff

Nov 26, 2007 08:09 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Kelly - same here. I have had 4 major moves, all with buying and selling at both ends. I have found it very useful to help clients since I have lived the challenges, including family disruption, relo packages, and more. Thanks for weigihing in!

Jeff

Nov 26, 2007 08:12 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

George - that is such a good point. I have experienced that personally as well as with buyers. The parperwork and the coordination can, alone, drive you nuts. Verification of employment with the offer letter or direct communication with the employer has sometimes been necessary. Thanks for your comments.

Jeff

Nov 26, 2007 08:13 AM
Christina Bennani-Persechini
Keller Williams Realty Boston North West - Lexington, MA
Realtor - The House For You
I think it requires more of a team effort to handle relocations. So one agent doesn't burn out we have a group effort in place. It is a different transaction than most Realtors are used to. 
Nov 27, 2007 12:02 AM
Diane Aurit
LKN Realty, LLC - Mooresville, NC
Lake Norman Real Estate
Jeff, this is my niche!  I focus on the many people relocating to Lake Norman from the Northeast, Midwest and West.  I love working with them because I have been there and can relate to where they are coming from and what kind of questions they might have about life here.  This market is so different and the purchase process is quite different but having done r.e. in CA I can explain the differences...I love it!  Oh, and your list is great too:)
Nov 27, 2007 12:09 AM
Michael La Fay
Meadow Lakes Supply Co. - Wasilla, AK

I love working with Relo Buyers! It's exciting to first meet them in "real life" -vs- internet/phone. And in most cases I have been talking to these folks for a couple of months before they actually arrive here.

I have a gentleman being relocated to Alaska and he will be back from his tour abroad this week? I can't wait to actually meet him and help him buy his first home :-)

Nov 27, 2007 04:39 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Christina - It CAN be a tremendous amount of work in a short period of time. I bet a team can work well.

Jeff

Nov 27, 2007 04:47 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Thanks, Diane. I have bought and sold in mutiple states and I find that often is helpful as well.Somehow having walked in roughly the same shoes one can better understand some of the issues.

Jeff

Nov 27, 2007 04:49 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Sara - best of luck with your client. I, too, love meeting folks in person when so much of the work up front is via email or phone. I have had a few situations when I hardly saw the buyers (maybe 1 time) after I shold them the property they bought. A different way of working in some cases. I love the challenge and helping relocation buyers successfully make the transition.

Jeff

Nov 27, 2007 04:52 PM
Randy L. Prothero
eXp Realty - Hollister, MO
Missouri REALTOR, (808) 384-5645
I like the hinder question.  Too many times I have seen agents insert their wants or needs in the process to become an obstacle.
Nov 29, 2007 08:22 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Randy - that is SOOO true. The stumbling blocks that some manage to set up are amazing. Gotta keep in mind you the client is and their goal. It's hard enough without making it more so with our own agendas.

Jeff

Nov 29, 2007 03:26 PM
Randy L. Prothero
eXp Realty - Hollister, MO
Missouri REALTOR, (808) 384-5645

I actually called an agent and said: "We have a motivated and qualified buyer with a strong offer.  You have a motivated seller.  You have to ask yourself one question, are you willing to get out of the way and let this happen? 

This guy put some of the strangest language I ever saw in a contract and he was not only dumb, but arrogant.  We finally brought it to closing, but you can guess how many road blocks this agent created along the way.  None in the interest of his client.

Nov 29, 2007 04:46 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Truly amazing, Randy. Thanks goodness it all worked out but must have been aggravating. One wonders how someone can continue to work that way successfully.

Jeff

Nov 29, 2007 04:50 PM