Inside look at change in relocation industry
Rising fees, slowing markets, global workforce make mark on real estate niche
While housing markets have slowed across the country, business is still booming in the relocation industry. But just as this success is heating up, real estate professionals and other service providers face rising fees for relocation transactions, causing some to turn away.
Relocation business is no longer worth the cost for some brokers and agents, who say that rising costs may impact the quality of service consumers receive. Add to that the rising challenge of having to sell homes quickly in markets that have slowed in activity.
This three-part report focuses on changing forces and their impact on the relocation industry. Inman News targets three main aspects of change: rising fees and their effect on real estate professionals; the housing slowdown; and how an increasingly global economy is ramping up the relocation industry.
- Part 1: "Relocation fees reach breaking point for some agents"
- Part 2: "Real estate slowdown shakes up relo benefits"
- Part 3: "Real estate firms cash in on globalization"
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