Employee Home Sale Options

(BVO, Amended, and GBO Sales)

Savvy companies recognize that a well-constructed relocation strategy is proactive. Successful relocation programs anticipate potential challenges and incorporate options to address those challenges, when they arise.

Including proactive options for the sale of your employee’s home is one of the best ways to stay attractive to top talent. At the same time, NRI helps your company minimize overall relocation program costs, and maintain a competitive edge in the market.

NRI offers corporate relocation programs several flexible options to ensure that your talent is where they need to be, when they need to be, in order to meet your business goals. Our clients find that using NRI’s Home Marketing Assistance can take a property from list to sale in less than 90 days, or in the case of inventory properties, from list to sale in less than 140 days.

Home Acquisition and Closing

NRI Relocation manages all the details and paperwork required for the closing. We take care of everything from attorney selection to the direct review and payment of real estate commissions, and more. Using our service saves time, money and paperwork for both your HR department and your employees. We will:

• Coordinate the closing
• Expedite equity payments and sale proceeds
• Provide an accurate and timely accounting of home sale expenditures
• Minimize or eliminate the costly gross-up expense

NRI Relocation can tailor your program from a variety of home sale options:

Guaranteed Buy-Out:

With this service, your employee's home is purchased on your behalf directly by NRI if the employee is unable to sell their home. The purchase price is determined by objective appraisals, and the Guaranteed Buy-Out offers employees peace of mind and a safety net.  NRI takes care of all the marketing and sale details and keeps you informed along the way. Click here to read the Benefits of a Guaranteed Buyout.

Amended Value:

When your employee has found a buyer, NRI's Amended Value Service is your solution. NRI will amend the appraised value to match the buyer's offer and then take responsibility for the closing to relieve your employee of yet another series of time-consuming tasks.

Buyer Value Option:

An alternative to the Guaranteed Buy-Out and Amended Value service is the Buyer Value Option, or “BVO”.  NRI’s BVO helps minimize your company’s exposure to acquiring inventory, and can help speed up the sale of the home. With this stand-alone option NRI will purchase and close the employee's home, based solely on an outside purchase offer.  This is a critical step in ensuring the proper paperwork is in place to meet important guidelines.

Assigned Sale:

Employee assigns the contract of sale to NRI for closing. NRI will manage the closing, process paperwork, and eliminate the need for the employee to travel and attend the closing.

To find out how NRI can enhance your corporate relocation program with home acquisition and closing services call toll-free 1- 800/598-8887, or email us now.