Relocating to a new city can be an exciting yet overwhelming time.
The prospect of a work relocation means you’ll need to be well organized as there’s usually not much time to get acquainted with your new area.
First off, determine what the cost of living will be in the new location. There’s no point in relocating for a higher salary if the extra income will be eaten up by increased living expenses.
Make sure to also consider factors such as workload, expense accounts, travel expectations, job opportunities for your spouse and schools for the kids. Here are a few other points to keep in mind:
- Time is Money – Create a budget and a detailed timeline to help you stay on track.
- Recon Mission – Plan a trip to familiarize yourself with the local area or check out a few community websites if it’s too far to preview in person.
- Check Yourself – A detailed checklist will help ensure everything goes smoothly which will reduce the stress that’s associated with a major move.
- Smooth Move – Select a real estate agent to sell your home and ask them to refer you to an agent in your new city who can help familiarize you with the local market.
Take the Credit – Employers often provide relocation packages to help offset expenses such as temporary housing and moving costs. There may also be certain tax credits available.
Deciding whether or not to relocate can be very stressful. Not only are you trying to negotiate a career move but you’ll also be starting a new life in an unfamiliar place. However, if you approach this process by paying close attention to all the details, you’ll enjoy a much more positive relocation experience. Please don’t hesitate to get in touch if you have questions or need any real estate advice!