Home Sale Bonuses: Are They Worth It?
Any transferee will confirm that relocation can be extremely exciting, however most will also agree that the home sale process is often a daunting one. Selling a home is not only stressful from a psychological standpoint, but also from a financial one. To mitigate some of this stress, many organizations opt to include some form of home sale assistance for their relocating employees.
Both transferees and their employers want a fair price and a fast sale for the employee’s property. These goals are attainable if the local real estate market is vibrant and the list price is set at a reasonable amount. However, homes in a declining or sluggish market may be difficult to sell, resulting in a longer sales cycle and a home that enters inventory. This is a costly outcome that is not favored by either the employee or employer because.
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