Knoxville Chamber: Focus Relocation, Inc. Highlights Top Considerations When Planning For Relocation

From the Knoxville Chamber:

February 11, 2022

Relocation is more than having to move critical talent from Point A to Point B. It’s about ensuring your mobility program meets the needs of all business stakeholders within your organization. It’s also about finding a partner that embraces your company culture and vision and works with you to develop a mobility program that meets each critical need.

The cornerstone of our service delivery model is offering strategic, innovative, and flexible solutions while staying connected to the evolving industry trends. These are hallmarks of the outstanding customer service you will come to expect from us.

How do RMCs work?

Relocation Management Companies manage relocation programs for organizations by developing strategic relationships with a network of service partners. They provide logistical and financial services to include home sale, home purchase, household goods move, expense processing, to name a few. Utilizing this expertise, they can provide direct personal service to relocating employees, guiding them through every aspect of the moving process.

There are a lot of moving parts and critical needs to consider when considering an opportunity to relocate. From business objectives for expansion, family goals and lifestyle changes, or planning for housing when retiring, every aspect needs to be fully explored.

Here are the top considerations when planning for relocation: [i]

1. Cost of living

The cost of living may be the most significant factor to consider when moving someplace new. Housing, food, taxes, healthcare, and schools all contribute to the cost of living – and geographic areas vary greatly across the spectrum for these categories. There are many areas that are undergoing periods of revitalization and offer attractive incentives to entice new residents. Therefore, when identifying possible destinations, research the cost of living to determine what and where you can afford to live.

2. Size of the City

3. Housing

Housing will be one of the most important factors in choosing where to live once you decide on a destination. Since it is a major component to the cost of living, it is important to research housing options thoroughly. Whether you will lease or buy, start by looking at neighborhoods and how they compare. Is the neighborhood close to public transportation and in a good school district?

4. Traffic

Perhaps traffic is a reason for wanting to leave your current city, or perhaps you are considering a city with more traffic? Think about how you will be getting to and from work. People with long commute times often want public transportation options, so be sure to research ahead of time. Others may be looking at smaller destinations or more rural areas to be able to spend less time on the road.

5. Schools

If you have school-aged children or are planning on starting a family in the future, chances are that school districts or access to academic choices will be an important decision. Make a list of academic criteria and needs, and research schools in areas that make your destination list to see how they stack up.

6. Health

Many people have health needs that may require being close to medical facilities or hospitals with specialized care. Other people may want to move someplace that has better access and options to healthier lifestyles. If you fall into one of these categories, you’ll want to look for areas with these considerations.

7. Safety

Whether you are single, have a family or are planning one, research the crime rate in the cities on your list as well as the neighborhoods you might consider.

8. Job Prospects

If you are looking at a city or geographic area because of a specific job industry that you are interested in or already working in, it is important to think about how certain markets can offer long-term job sustainability. Most people no longer stay at one job for their entire careers, so you’ll want to consider how your future city stacks up for future job options.

9. Entertainment and Social Scene

Consider how you like to spend your leisure time. Do you have an active, outdoor lifestyle and want access to nature hikes, trails and parks or do you like exploring a city’s many museums? If you’re thinking about moving someplace without any family or friends nearby, how will you meet people? Chances are that bigger cities have more social groups to join but smaller cities may offer the charm and personal connection you prefer.

Are you an organization who is considering relocating talent? Or an individual who is considering relocating your family?

To learn more about how Focus Relocation can support your relocation objectives, please visit our website at www.focusrelocation.com .

Or contact us directly to learn how you can take advantage of our vast service partner network

(P) 615-221-9640

[i] As provided by https://www.invitationhomes.co...

This press release was produced by the Knoxville Chamber. The views expressed are the author's own.