The Landlord Predicament: Suggestions for Employers with Transferees Who are Considering Renting out Their Homes

Is your employee opting to rent instead of sell their home? You’re not alone.

With the housing market still sputtering, more transferees are turning to rental arrangements in hopes to wait out the market and secure a better price. Since renting out the home is rarely a quick financial fix, and the home sale market is unlikely to turnaround quickly, employers should understand the commitments involved in renting a home so that they can educate transferees on the pros and cons of becoming a landlord.

Renting challenges are far more pronounced in a relocation situation, so relocation managers may want to consider offering additional benefits that either prevent the employee from entering a rental arrangement or provide adequate support to minimize their time commitment and manage their stress.

Fill out the form below to receive a free whitepaper about important factors that transferees and employers should consider before making a final decision about renting or selling.

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