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3 Things to Expect During the Busy Summer Moving Season

With summer right around the corner, it’s time to gear up for a whirlwind of transferees moving their families around the world. Every employee will have their own unique moving experience but there are a few trends that stick out each and every year. So who is responsible for handling common issues? When a company works with a quality 3 things to expect this busy summer moving seasonrelocation management company, HR can rest assured that their transferees are well taken care of. However, that doesn’t mean that your company’s gatekeepers are totally off the hook. When it comes to relocation benefits, there is no one size fits all package, which means exception requests are bound to happen. Aside from selling and buying a home, the physical household goods move is the most stressful aspect of a relocation for your transferee. We are gearing up for 2016’s busy moving season, so I figured I’d share some typical but vital lessons.

It’s a Seller’s Market, Buyers Just Live In It

It’s almost that time, the busy summer moving season. In just a few short weeks, transferees around the country will Seller's Marketbe packing up their homes and preparing to go through the relocation process. With a solid program and help from a quality Relocation Management Company, the process should be relatively seamless and smooth but the home finding/buying step is always a little stressful. Unfortunately, this year may be even tougher because in many parts of the country, there is a lack of homes for sale. Because of this, it’s really important to provide as much support and as many resources as possible for your transferee, especially if they happen to be buying for their first time.

XONEX Relocation Places in HRO’s 2016 Baker’s Dozen

The HRO Baker’s Dozen list is ranked solely based on feedback provided by the buyers of the rated services. The ratings are not based on the opinion of the HRO Today staff. HRO collects feedback annually through an online Baker's Dozen 2016survey, which the magazine distributes both directly to buyers through their own mailing lists and indirectly by sending service providers the link to send to their clients. The survey covers three subcategories including service breadth, deal sizes, and quality. Once collected, response data are loaded into the HRO Today database for analysis to score each provider that has a statistically significant sample.
XONEX Relocation is proud and honored to announce that we placed on the list for 2016. Our clients are not just clients, they’re partners in this business and we are so grateful to work with so many incredible companies. Without you, we wouldn’t be the company we are today. Thank you so much for your support and your business!

Airbnb for Home Finding Trips

The more I use Airbnb for travel, the more I fall in love with the concept. Airbnb is a travel site that allows people to rent out private rooms, apartments, or even entire houses for a select period of time. Now think about this: The home finding trip is essential in your transferee’s search for a new home at destination. They need to be armed with plenty of information and resources to ensure they select a home that will work them and/or the whole family. Since the whole home marketing and home finding process can take such a big toll on transferees, why not present them with options that turn the home finding aspect into something desirable and fun?  

Managed Cap Program Managers: Yay or Nay?

Like corporations, employee relocation service providers have had to adapt to shrinking program budgets, less company gatekeepers, and ongoing pressure to simplify the process. Some companies, in response to budgetary constraints, and just not having the personnel to administer multi-benefit programs have switched (especially with Managed Cap Programstheir lower level and rental programs) to a lump sum or managed cap program. Both these programs offer the companies more budget certainty and uniformity. Noting this, some relocation providers have entered the market with a stripped down, limited scope approach. Whereas the traditional service provider had previously geared their approach toward homeowners, with modifications scaling back benefit levels for the renters, and college recruits, these new companies focus on the growing population of less defined relocations.

Transferee Tax Filing Tips

Tax season has arrived. It is both a headache and a relief for some people as they stumble around the rules and regulations of tax laws, exceptions, deductions, and write offs, hoping for a big return. Obviously, it’s important for everybody to take care when filing their taxes but it’s especially important for recently relocated transferees to Transferee Tax Filing Tipsunderstand exactly what their work related move entails in terms of filing. The best advice I can offer is to have your transferee speak to a professional tax consultant to ensure everything is filed correctly, but there are several tips, tricks and reminders that I can offer right now.

United Van Lines 2015 Migration Study

 

For nearly four decades (39 years now), United Van Lines has conducted an annual survey to discover migration patterns from state to state across the nation. Each year, new patterns form, old patterns repeat, and we learn more United Van Lines Migration Studyabout why and where people are moving throughout the country. In the 2014 survey, Oregon held the title for “Top Moving Destination” for the second year in a row while the northeast experienced quite an exodus for reasons such as retirement and relocation (though in my opinion, it’s the cold that pushed people away). Now that 2015 has come to a complete close, it’s time to see what, if anything, has changed.

Is the Housing Market Bubble Back?

I realize this is a loaded question to ask, considering people from certain parts of the country are still trying to bounce back from the early 2000’s. Things just started looking up, but could there really be another housing bubble coming? According to an article on Zillow, it doesn’t appear that the US as a whole is in any major trouble, at least not in the next five years or so. However, experts say that some markets, including New York and San Francisco, are already in a bubble. Additionally, some experts predict that Boston, LA, and/or Miami may enter a bubble within the next three years. So, how are these predictions made and what exactly does it all mean?

Happy Thanksgiving!

 

Happy Thanksgiving from us here at XONEX to you and yours! Thanksgiving is a time to be grateful for what we Happy Thanksgivinghave and to help those that may not have quite as much. It is also a time to feast and over indulge on traditional meals and desserts.

 
But being in the relocation industry, we know that not everybody will be home for the holidays this year. Some of your expats may be trying to celebrate and honor their American traditions abroad while others will be embracing their new culture and making compromises. Either way, we hope that your transferees, whether at home or abroad, will enjoy their holiday season in their new surroundings as well!

Last Minute Moves are Relocation Budget Killers

In our most recent relocation whitepaper, discussed the nature of last minute relocations and the impact it has had on relocation budgets, as well as the transferee’s overall relocation experience. For one reason or another, there seems to be a growing trend towards last minute hires. As such, there were many cases where transferees were initiated in the same week as their start date, leaving very little time to adequately counsel the transferee and effectively set up relocation benefits.

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