Many of our new home buyers are relocating to Las Cruces because their job transferred them or they were offered a new job in Las Cruces. This is especially true for home buyers who relocated to work at New Mexico State University or White Sands Missile Range.

After talking to a recent buyer who relocated I thought it would be a good idea to share some of her thoughts on how to get a good deal from your employer.

Relocation Packages

Relocation packages from companies can include many components. This is often something that is negotiable with a job offer. Instead of three months temp living, ask for six. Ask for extra miscellaneous expense money. Ask for a point to buy a new house or other real estate expenses.

Everything is negotiable, although relocation packages haven't been as good in the last few years. Sometimes a large company will utilize an outside relocation service to help coordinate and work with you during your move. Take advantage of this service. Some standard items that you will typically find in a relocation package include:

Temporary Living - Anywhere from one month to six months usually.

Moving expense (often based on weight). Sometimes you can get the company to pay to pack your goods, do not count on it though.

Storage (again based on weight, and may range from one to six months)
Vehicle moving expense.

Meals and travel expenses for you and your family.

One or two house hunting trips for you and your family.

Mortgage points, new home down payment, and closing costs, to help buy and sell a home.

Your company may give you a flat amount for relocation and let you work it out on your own. It is possible that you actually profit from a relocation package, which is nothing to feel guilty about. If a relocation package is essential for you to join a company, be sure to discuss this topic before getting too involved in the interview process. You may not get specific details on the amount, but at least you know the basics and relocation is offered.

Here are some other considerations if you are thinking about accepting a new job that requires relocation:

The cost of living in the new location.

Crime is worse in certain locations, and not always just in areas of a large city.

Can you break a lease or sell your home easily?

Who are you leaving behind and is it worth it. able and precious.

If you have a spouse or significant other that needs to work, will they be able to find employment?

How much will the move cost?

Is the new school system going to be suitable?

What will the new commute be like?

If considering moving into a large city, are you prepared for a different culture, possibly much faster paced, than what you are used to?

For all of your Real Estate needs
The Evelyn Bruder Team is here to assist you.
Evelyn Bruder, CRS, GRI, ABR, E-PRO, Las Cruces' Only Cyberstar

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