Published on January 31, 2011

lifestyle-apartments.jpgAs you know from reading this blog, executive relocation services and relocation management companies like CapRelo provide a wide range of business relocation services, including the sale and purchase of real estate. 

But what if, for whatever reason, it is more cost-effective and expedient to set up temporary housing for your employees? There are a number of reasons employees may prefer temporary housing for a stay that will be longer than one month but less than a year. 

Learn more about Executive Relocation package features in our free article.

Why Temporary Housing?

Let's look at some of the reasons temporary housing may be part of the executive relocation services you need. 

  • A trailing spouse cannot yet move due to employment commitments or school and the cost of maintaining two homes would place a financial burden on your company or your employee. 
  • The employee's home is slow to sell, and, again, two homes are not in anyone's budget.  
  • The employee has not yet found a house he likes in the new location. 
  • The assignment is only temporary and does not require a real estate purchase.  
  • The employee is still considering different areas within commuting distance of the new office and wants to get to know the region better before making a home purchase. 
  • The employee is waiting for the right deal on a new home. 

Whether to assist a transferee with a home purchase right away or set up temporary housing is just one of the many questions you must answer when spearheading a corporate relocation. Executive relocation services can help you with the right answer for any situation, as well as helping employees find temporary housing and move in. 


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