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Relocation Service

 
Business Dictionary: Relocation Service

A company that contracts with other firms to arrange the relocation of employees from one city to another. The service generally handles the sale of the employee's home and purchase of a new home. Furniture-moving services may also be included.

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Real Estate Dictionary: Relocation Service
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A company that contracts with other firms to arrange the relocation of employees from one city to another. The service generally handles the sale of the employee's home and purchase of a new home. Furniture-moving services may be included also.
Example: The Beeker Company wishes to open a new office in Denver. Most of the staff for the new office will be relocated from Miami. Beeker hires a relocation service to sell the employees' homes and to help them find new homes in the Denver area.

 
 

 

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Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more