Thursday, September 29, 2011

Relocation


We have to follow the jobs, so after four years, we moved.  It took some time and money.  Luckily new employer is going to compensate all expenses up to $ 12, 000 but still there is a lot  we had to pick up ourselves.
New car, eating out every day for  first month, while searching for accommodation and living in a hotel.  We will be residing in one of the most expensive areas in the country.
A few practical tips for relocation:
- Do research for new property in advance, contact real estate agents.
- If you know what car you want - put down payment, so the car will be ready for your arrival.
- Collect references from your current landlord, if you are going to rent.
- If you need school / child care - apply as much in advance as possible.

In short it is all about preparation and investing your time in planning and getting to know.  Be ready, open minded and enjoy time with the family. 


The only other unusual discovery - how little real estate agencies are actually care about home owners. 

The most important thing is to close the deal, if the previous home owner will loose some money due to their inaction or eagerness to get commission, so be it.  If you come to think of it, been paid in percentage of the home value - there is very little incentive to negotiate $ 10, 000 - 30,000 difference from 300, 000. For an agent it is just several hundred dollars. It might be just an isolated case, of course.

The interesting part is to publish our expenditure in one year time.   Life is a collection of experiences and this is on them on our way to financial independence.


2 comments:

  1. It must be difficult moving once you have a family but sometimes it is the right thing to do. If your company is willing to pay for your relocation expenses then that means they really want you. Think of the $12K as a starting bonus!

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