Seller and buyer beware: This is regarding any and all relo transactions. Not Company specific, the reason why is that there are no checks and balances. The real estate associations need to establish some form of accountability. The way Corp relo companies act recklessly and further influencing contracted agents needs to stop. The relocation companies are all different so do research and protect yourself. Ask what inspections were done on property. If the owner of home or relocation company did their own inspections- get a 2nd opinion always. Ask to see the contracts they have in place should something go wrong. They act like they will buy and sell your home hassle free but if there is a problem you are slapped with a lawsuit. They Wash their hands of it completely and you are in a hellacious mess. Biggest take away: Extreme Caution if buying a home that is being sold by a Corp relocation company, any problems with house they will go away and leave you hanging with a problem that can't be undone due to contract issues. Guess what? Employees selling their homes through relocation are actually incentived by their employer to sell their home in the shortest period of time for the biggest cash bonus. That means they are incentivized to possibly fib (being polite) regarding condition of home, this can leave you with huge damage because you are locked into a contract that you can't get out of due to relo company saying "not our fault". Ask your employers what is their responsibility vs what relo responsibility is, you don't want to get stuck with two big companies not taking responsibility. Ask them what protection or safety net you have working with a relo company whether you are buyer or seller. Ask that your real estate agent is trained to Educate you as seller or buyer of the risks. There are many. Lastly Do NOT sign contract or sign relo waiver whether you are a seller or buyer without an attorney review. There, unfortunately, are zero checks and balances which puts innocent people in danger. Things need to change. We aren't selling used tires folks. This recklessness can impact lives.
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