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3 Ways to Help a Homesick Transferee

If you have moved a lot of transferees, or have had the experience of working closely with one, you should know that they are going through a major transition. Even the most positive of transferees go through bouts of homesickness, or general emotional discomfort, as a result of rapid changes and unfamiliar territory. Feeling homesick is a perfectly normal and almost always inevitable.

Happy Thanksgiving!

Happy Thanksgiving from us here at XONEX to you and yours! Thanksgiving is a time to be grateful for what we happy-thanksgiving-pnghave 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!

Millennials and the Housing Market

I started looking into buying a home when I realized that I was paying in rent for a two-bedroom apartment more than I would pay in a mortgage for a three-bedroom house with a yard in a better neighborhood! A few people told millennials and the housing marketme that I was perhaps a little too young to buy a home. I am an infamous millennial and recent trends have shown that adults my age have been putting off home ownership. But times are changing (again). In fact, research from Zillow shows that millennials are actually driving and diversifying the housing market across the nation.

Your Transferee Must Do This One Thing Before Listing Their Home

The home selling process is at the top of your transferee’s list of stressful relocation tasks. There is a lot to consider and a lot to do both before and during the marketing period. Sure, your transferees know to clean and organize the1-thing-your-transferee-must-dohome and work on the curb appeal before the Realtor shows it to potential buyers, but do they know that they should take the time to talk to their local government to check on the accuracy of information on file?

To Stage or Not to Stage?

We all know time is money.  When it comes to real estate, this couldn’t be truer. While the sales price of a home may

Staging a Home

Photo credit: HGTV

not change, obtaining a sale quickly can save a considerable amount of money in the form of carrying costs and even loss on sale if the market is in decline.  One way to give prospective buyers a perception of the depth and functional usage of space is to furnish the home. As such, transferees may request additional monies for staging the home as a part of the home marketing benefit. Should you comply?

Where Has the Human Side of Business Gone?

It’s been a long time since I’ve written a blog post but, today, I want to talk about change. As anyone in relo knows, this industry changes often, sometimes overnight, as the world fluctuates around us.

I’ve been in the relo business now for over 30 years and have certainly seen many changes, some good and some very hard. As Disraeli’s famous quote goes, “Change is inevitable. Change is constant”.  It is undeniably a true statement.  Change is how we grow, evolve and get better.

Three Issues to Tackle to Make the Relocation Decision Easier for Transferees

When it comes to relocation, I think we all want the same thing: an employee that is happy, focused and engaged in their work at the new location. With the ever-changing relocation environment and a less than ideal economy, however, many companies have made major cuts to policies offered to transferring employees. In addition to corporate changes, the same issues have led employees to evaluate relocation opportunities even more carefully than they have in the past. So, the question is, how can you design relocation policies to fit your company budget but also attract your necessary talent?

A Vocabulary Lesson for Home Buying Transferees

My fiancé and I are inches away from closing on our first home. It has been a whirlwind of an experience, especially as we plan a move in the middle of the busy summer season. While I was pretty well informed going into the Home Buying Vocabularytransaction (several years in the relocation industry helps with that kind of stuff), I still learned a lot throughout the process and it made me realize, I’m probably not alone. With transferees moving all around the country this season, I thought today would be a good time to go over some standard real estate lingo that your employees will encounter if they are buying a new home at destination.

Brexit and Global Mobility

It’s an obvious fact that Britain’s vote to leave the EU will have repercussions here in the states. We are already recognizing an impact on US mortgage rates, and though there is still quite a bit of uncertainty regarding how the decision will impact HR, most companies foresee some major issues in the realm of talent retention and definitely global mobility. The largest implications in terms of mobility will undoubtedly include both household goods management and visa/immigration.

Five Ways to Celebrate the 4th of July Abroad

 

It’s easy to get swept up in the fun of Fourth of July celebrations here in the states. Who doesn’t love a day off and a BBQ with fireworks to top it all off? But it’s important to consider your Fourth of Julyemployees who may find themselves out of the country during a purely American holiday for the first time. Many expats will face a common challenge this year: How can they celebrate Independence day without coming across as culturally insensitive in their new home? As an assignee, it’s important that your employee considers their surroundings when planning any sort of celebration.

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