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Reducing the Cost of Corporate Employee Relocation

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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.

Suggested Citation

  • Mark G. Dotzour & Donald R. Levi, 1989. "Reducing the Cost of Corporate Employee Relocation," Journal of Real Estate Research, American Real Estate Society, vol. 4(3), pages 157-168.
  • Handle: RePEc:jre:issued:v:4:n:3:1989:p:157-168
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    File URL: http://pages.jh.edu/jrer/papers/pdf/past/vol04n03/v04p157.pdf
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    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.
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    Cited by:

    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.

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    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

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