9 Terms
Home > Industry/Domain > Business services > Relocation
Relocation
Referring to any service that assists a family to move house or a business to move from one establishment to another.
Industry: Business services
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Relocation
buyout
Business services; Relocation
The purchase of a home by a third-party company to alleviate the owners from the responsibility of selling the home themselves. The home is then sold by the third party company.
buyer value option (BVO)
Business services; Relocation
A home sale program in which the value for the home is established by a bona fide offer from an outside buyer, and not by an appraised value offer from the employer or relocation service company.
buy down
Business services; Relocation
The Money advanced to a mortgage to reduce monthly payments of a home mortgage. The buy down can be long-term, covering the life of the loan, or it can be short-term, reducing the mortgage payments ...
booking agent
Business services; Relocation
An agent or person who sells and registers your move. A booking agent does not necessarily have to be located at or near the origin or destination.
broker market analysis(BMA)
Business services; Relocation
A standard relocation industry format used by an agent to establish the most likely sales price and suggested list price of a property.
broker
Business services; Relocation
Any person, partnership, association or corporation who, for compensation or valuable consideration, sells or offers for sale, buys or offers to buy or negotiates to purchase, sale, lease or exchange ...
bill of lading
Business services; Relocation
The receipt for your goods and the contract for their transportation. It is your responsibility to understand the bill of lading before you sign it. If you do not agree with something on the bill of ...
