Tip of the Week
A job transfer usually is a good thing, but the transition itself is often not easy, especially if it involves moving your home and family to a new location.
Businesses often give transferred employees less than two weeks (11 days) to accept a transfer offer and once accepted, an average of 33 days to move and report to the new job, according to Worldwide ERC, a professional association for workforce mobility. That isn't much time to find a new home, put the old home up for sale or subleasing and plan a move that could be across town, across state lines or across the country.
Resources are available to help ease the stress of your job transfer. They include:
• Your company. Before you accept the job transfer offer, check with your human resources department on what services or financial compensation your company offers. Many companies outsource relocation services or cover selected services like providing rental moving trucks for employees.
• House hunting. Many employees will opt for temporary housing like apartments or extended-stay hotels for the first couple of months of the transfer. However, if you prefer to purchase a home right way, contact the human resources department at your new location to ask for real estate agents referrals. Also take your search online.
• House selling. Many homeowners are opting to hire a management company and rent out the home, with the intent to sell in the future once they have their life organized in the new location. Management companies handle the review of rental applicants, the background checks, collect the rent and take care of any emergency maintenance concerns that might occur.