Sometimes we forget how much we know about where we live. If we decide to “move up” to a better house, we already know what neighborhoods we like and why. We have visited friends in many different areas; we love a certain elementary school; we have to be close to the bike trail . . . the list goes on. But what if you are moving here from another state or country? How hard is that? It can be really, really hard.


Where do you even start? Most start on-line and look for homes that are for sale. Those photos of that new house with the huge yard are appealing. That looks like a good neighborhood to live in. But what if it isn’t? What if the schools do not have a good reputation or the shopping there is non-existent or you cannot find parking at the train station? Those things matter. So what else can you do? Well, some relocators have a company program that sets them up with an agent whose job is presumably to help the family find the best match for them in the selection of a home and an area.
Some of the issues with that approach are:

  • Many relocation companies hired by large employers to assist their relocating employees exact a huge portion of the agent’s commission as a payment for the referral. So much that the good agents do not want to take on relocating homebuyers. Or if they do, they cannot afford to give them the kind of time and attention they deserve.

 

  • Most agents have their own listings or work for companies that have listings of homes for sale and they will naturally want to highlight those homes first. Perhaps (but of course not always) even if they are not a good “fit” for the relocating employee.

 

  •  Some relocating folks have only one visit to a new area in which to find a home. They may not have the time to learn all the nuances of the various neighborhoods or have an agent who takes the time to explain them.

 

  • Some agents specialize in certain neighborhoods or certain price ranges and really are not geared toward in what the relocating family wants or needs.

That is why exclusive buyer’s agents are the perfect choice for relocating families. They have knowledge of a broad range of areas and types of homes, with no listings to push. They are well versed in the well built homes in the good neighborhoods, because they are used to finding those “good ones” for their clients. But even more important, they will take the time to educate their clients on the community amenities and benefits that are most important to that family. Maybe the father wants to be able to get home from work by a certain hour to coach a sports team. The agent will know which express trains he can take from which stations and where there is good parking. Or perhaps a child has a medical issue that can be tended to at the premiere medical center in the suburbs. The family would like to know that. Or a family of academics might love to live near one of the small, prestigious colleges in the area. An exclusive buyer’s agent should know where the good homes are that are close by.

 

Triangle house        Sage Advice for home buyers

 

13 Comments on Relocating--It's So Very Hard to Do!

JAN
24
1,100,158 Points 51 Featured Posts Outside Blog Called Shot Master

Our outside buyers that don't know a lot about the area need that information first. Before shifting, moving into property listing selections they can afford with this, this and that for features they dream about. We do so many blog posts, videos on local community events for that reason to show and tell the area here. So the guy and gal on line can compare to where they are, what their experience has been in the past.

6:27am • #1
629,093 Points 1 Featured Post Outside Blog

Hi Linda, Sounds like you understand the relocation buyer as well as the process of drilling down to find the right home fit for your clients. Well done!

6:27am • #2

I absolutely agree that getting information to folks ahead of time is crucial, but seeing things first-hand is so much more illuminating for most of my relocating clients. And I have trouble finding good sources for easy-to-read data about local areas.

Linda Walters
6:32am • #3
1,951,897 Points 478 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Excellent. 

Sadly, the relo companies pressure the relocating buyers to use their referral agency and often threaten to interfere with the buyer's relo benefits.

I've fought these companies for 15 years.  Win some, lose some.

6:37am • #4
379,375 Points 5 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Linda, 

Great post.  So many relocating buyers have no idea all of the "blackmailing" we get from the firms for a large part of our commission.  My least favorite is the ones that do not introduce us and just as we are writing a contract come in for a part of the commission - of course, it's their standard fee, not a reduced one even though they haven't been involved.  

Priceless!

All the best, Michelle

6:43am • #5

I have fought those and only won them if my client was high enough profile to go to bat for me.  I can usually save them more than what the relo company offers in perks, but it is hard to prove that!

Linda walters
7:01am • #6
Outside Blog

I have moved three times with a relocation company involved and didn't realize they took such a large referral fee until I became an agent.  I asked my agent, who is now my co-worker, about it and she said she never turns them down and is always happy to help.  I guess it is the luck of the draw on the agent you get but I can see now how lucky I was.  The one thing with a lot of these people that are relocating is they don't have a lot of time and they usually spend more than the average home price.  I think that doing the best job for every client will help in the end.   

7:28am • #7
282,383 Points 4 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Hello Linda:

 

In my corporate life, we relocated across country many times. Having a top notch agent is essential to help getting to the bottom of what is out there, neighborhoods, schools, and answer questions about specific neighborhoods with no other vested interest except helping their client.  Relocation companies are only interested in collecting their fee.

8:24am • #8
340,607 Points 8 Featured Posts Outside Blog Called Shot Master

Really great post. I always talk about the nuances of a neighborhood.

9:18am • #9
270,432 Points 13 Featured Posts Outside Blog Called Shot Master

Being a relocation specialist, I'm keenly aware of the nuances of relocation; plus I've personally relocating professionally as well.  My first question of referrals - does your company have a relocation package?  If so, are you REQUIRED to use their realtor.  Sometimes they don't think they can move outside that person.  It's a question that needs to be asked because they'll push for their realtor, and don't know they can use their own.  Great post!

9:40am • #10
226,246 Points 6 Featured Posts Attended Rain Camp

Linda, good post, we ourserlves stopped taking relocation clients, preferring to work with a client on a one to one relationship without the intereference and paperwork demands for reports from a relocation company.

I remember when we moved here from the UK over 22 years ago our realtor was a god send helping us work through all the nuances of a move from one country to another, explaining all the differences between our system of buying a home and the US system.

2:13pm • #11
JAN
25
166,703 Points 3 Featured Posts

This is a great post, Linda. This happened to a friend of ours. When they relocated they thought they were moving into the "perfect" community, school, etc. However, after being there for awhile they discovered that they did not feel connected to the neighborhood at all. It wasn't entirely the agent's fault, the family had to find something quickly due to certain circumstances and it actually caused them to jump into a deal they weren't really completely satisfied with.

6:59am • #12
FEB
18
316,108 Points 20 Featured Posts Outside Blog Called Shot Master

In our resort market the relocation starts easy.  First they purchase a condo as their winter get away.  After they know the area they decide to sell up North and purchase something larger.  For us, relocation for the most part is easy.

7:06am • #13


What does the graphic say?
Leave a response…


(optional)
Spam Prevention:
 
Lindaheadshot Rainmaker_large

Linda Walters, ABA, Esq., SRES, EPro

Linda, Exclusive Buyer Agent

Wayne, PA

More about me…

Sage Realty LLC

Office Phone: (610) 687-4000

Email Me

All the things you need to know about buying a home on the Main Line of Philadelphia and other nearby communities.


Listings

Links

Archives

RSS 2.0 Feed for this blog

Find PA real estate agents and Wayne real estate on ActiveRain.