Homesale

The nature of international assignments is ever changing as each employer requires to meet it’s own corporate needs. As a result, whilst many international assignments are for fixed or determinable periods, others can effectively be permanent appointments, requiring an employee and / or family to relocate permanently to the new location. This may require the family to sever ties with the old home and it may be desired to sell the former home to facilitate a purchase in the new location.

Such a decision may be based on several factors, not least the nature of the local housing market. In addition, it may be desirable for the “multi-national” employer to be consistent across international boundaries, offering “global” support to it’s employees. Effectively, if an employee moving from New York to London is offered a homesale programme, it may be desirable to offer an employee moving from Frankfurt to Paris, the same benefit.

ABC Relocation is uniquely placed to assist and advise on such programmes. Our team has been experienced in managing homesale programmes for over a decade and has pioneered the delivery of such services not only in the UK but also in mainland Europe.

Each European country has its own different housing market, influenced not only by local market conditions but also by legislation and national culture. Our team is able to offer advice on the optimum method of home disposal, whether by way of a “Guaranteed Sale Price” or a “Marketing Assistance Programme”.

We have experience in translating home based programmes into a feasible, legal, operative model in local market conditions; for example facilitating a Buyer Value Option, Amended Value Sale, Assigned Sale or other similar programmes. We will manage the entire process including:

  • Handling home owner expectations and fully explaining the programme,
  • Organising and interpreting the appraisal process,
  • Clarifying the legal ownership of the property,
  • Minimising the tax liability by transferring interest of the property,
  • Releasing equity or purchase funds to the homeowner upon completion of the transfer,
  • Management of the marketing of the property,
  • Organisation of the maintenance of the property if it becomes vacant,
  • Comprehensive collation of closing documentation upon resale to a third party.