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Reducing the Cost of Corporate Employee Relocation

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Author Info
Mark G. Dotzour (Department of Finance, Real Estate and Decision Sciences The Wichita State University Wichita, Kansas 67208-1595)
Donald R. Levi (Department of Finance, Real Estate and Decision Sciences The Wichita State University Wichita, Kansas 67208-1595)
Abstract

Over 400 corporate relocation transactions from forty-one states were examined to identify factors affecting variable relocation costs. Analysis of covariance disclosed that corporate relocation costs could be significantly reduced over time by not remodeling substandard properties, fully evaluating the impact of local/regional economic conditions on market value, and adopting policies encouraging employees to purchase homes without swimming pools and homes with smaller lots.

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File URL: http://aux.zicklin.baruch.cuny.edu/jrer/papers/pdf/past/vol04n03/v04p157.pdf
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Publisher Info
Article provided by American Real Estate Society in its journal Journal of Real Estate Research.

Volume (Year): 4 (1989)
Issue (Month): 3 ()
Pages: 157-168
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Handle: RePEc:jre:issued:v:4:n:3:1989:p:157-168

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Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
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Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
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Find related papers by JEL classification:
L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. David J. Hartzell & David G. Shulma & Vice President, 1987. "Refining the Analysis of Regional Diversification for Income-Producing Real Estate," Journal of Real Estate Research, American Real Estate Society, vol. 2(2), pages 85-95. [Downloadable!]
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Cited by:
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  1. Mark G. Dotzour & Donald R. Levi, 1992. "The Impact of Corporate Ownership on Residential Transaction Prices," Journal of Real Estate Research, American Real Estate Society, vol. 7(2), pages 207-216. [Downloadable!]
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