Do You Need to Develop a Relocation Budget?

by Jennifer Li, GREEN,SRS, SRES, RENE, RCS-D 04/04/2021

A relocation budget is a must-have for those who recently bought or sold a house. If you have a relocation budget at your disposal, you should have no trouble getting ready for moving day.

Ultimately, there are several factors that you need to consider to craft an effective relocation budget. These factors include:

1. Packing Supplies

Moving boxes, packing tape and other packing supplies may prove to be expensive. If you budget for these costs today, you can ensure you have the funds available to cover these expenses before moving day arrives.

Keep in mind that you may be able to pick up unwanted cardboard boxes from grocery stores, too. By doing so, you can get boxes you can use for moving day and reduce your relocation expenses.

2. Personal Belongings

Think about the personal belongings you will need to bring to your new address. That way, you can make the necessary accommodations to guarantee these items can safely make it from Point A to Point B.

If you need to hire a moving company to help you transport your personal belongings to your new home, you should shop around. This will allow you to find a moving company that offers the perfect combination of affordability and convenience.

Furthermore, if you have various belongings you no longer need, you may want to get rid of these items before you move. You can always donate unwanted items to a local charity or give them to family members or friends. Or, you can sell unwanted items online or host a yard sale.

3. Your Relocation Timeline

You may have only a limited amount of time to relocate from one address to another. If you put together a relocation timeline, you can examine the steps you will need to take to complete a successful move. Then, you can incorporate these steps into your moving plan and budget accordingly.

Of course, for those who need to relocate quickly but lack substantial moving day funds, you may want to reach out to family members and friends for assistance. Remember, your loved ones are available to help you in any way they can. If you contact family members and friends for assistance prior to moving day, you may receive lots of help with your move.

If you want an extra hand with moving day preparations and budgeting, you may want to consult with a real estate agent as well. In addition to helping you buy or sell a house, a real estate agent is happy to provide tips to ensure you can seamlessly relocate to a new address.

Oftentimes, a real estate agent can put you in touch with the top moving companies in your area. On the other hand, if you have concerns or questions leading up to a house closing, a real estate agent is ready to address them.

Want to take the guesswork out of an upcoming move? Consider the aforementioned factors, and you can budget for moving day and boost the likelihood of enjoying a successful relocation.

About the Author
Author

Jennifer Li, GREEN,SRS, SRES, RENE, RCS-D

Thank you for visiting my website. With 15+ years experience in fixer uppers and investment properties. I can help sellers to get top dollars and help buyers transform their house into their dream home, to be unique and green. 

To Sellers: 

I don't like to chase lots of listings like most of agents, I only work for few listings at the same time and make sure sellers get their top dollars as they deserved after all efforts. Also buyers get the house proud for years to come. Then, that's how I break the record every time. I love and enjoy everyone is a winner for their own.

Identify current market situation: learn the time frame and propose the best timing to the market

Provide Comparable Market Analysis (CMA) & local market knowledge 

Free interior design update suggestion

Free home staging and cleaning services

Free professional photography and 3D tour with unique address website hosting

coordinate repair, remodeling and inspections prior on MLS

Maximize online syndication ads to get the maximum exposure and views including open houses and broker's tour

To buyers:

Please call 510.375.8986 to find out if you can qualified for $5000 first time home buyer credit toward to closing cost.