Reduced tax liability, expeditious relocation process, minimized expenses just a few benefits of the One Move relocation service
Independence, OH The Moving Experience is proud to announce the launch of its new One Move tax-protected relocation service. Designed to benefit corporate relocation transferees, the program is IRS approved and protects up to 10 percent of the sales price of the home from taxes.
The One Move program officially rolled out on August 1, 2013 and will continue to be available for the foreseeable future.
The program offers advantages for transferees, employers and recruiters. Typically, the transferee saves money and experiences a reduction in the time it takes to relocate. The employer benefits from the employee’s fast and efficient move to the new location. Recruiters can expect an increased placement rate with the ability to offer the attractive relocation program to executives who may be apprehensive about relocating due to the high taxes and other costs of relocation.
Through the One Move service, an employer pays a single fixed fee, approximately 10% of the homes expected sales price, to The Moving Experience. No additional fees are required.
After that, The Moving Experience signs an agreement with the employee by which The Moving Experience acquires the home.
The Moving Experience assists the employee in marketing the home. The real estate agent agrees to conform to the guidelines established by The Moving Experience.
Once a qualified buyer is offers an acceptable price, the offer is reviewed and subsequently approved by The Moving Experience and the employee.
Next, The Moving Experience purchases the home for the agreed upon price. No real estate closing costs or commissions are charged to the employee.
The Moving Experience completes the process of selling the home to the approved buyer. The Moving Experience pays both the commission and real estate closing costs.
If the sale of the home to the buyer should fall through, The Moving Experience becomes the owner of the property.
If there is no buyer for one whole year, The Moving Experience will purchase the home from the employee at the initially agreed upon price.
“OneMove is the signature service of The Moving Experience,” says CEO Renita Charrlin, “allowing our transferees to take full advantage of their corporate relocation packages. We’re excited to roll this out and effectively make the corporate relocation process easier for transferees and recruiters alike.”
An industry leader in corporate relocation and assistance, The Moving Experience looks forward to helping corporate employees with its new One Move tax protection service. Those who want to learn more about the company and its new service are encouraged to visit online at www.tmerelo.com
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