DON'T RELOCATE ON IMPULSE

Relocating to another town - or country - is never easy and homeowners should weigh up their options very carefully before committing to such a move.
Dr Piet Botha, chairman of the Nationlink estate agency group, says the most common reasons for relocation are a job transfer or a new job, upgrading or downsizing, a planned change of lifestyle, or simply a fresh start.
"But moving impulsively - just to take up a better-paying job, for example - may not actually be in your best interests. You need to make sure that the new town will also fit your overall lifestyle and long-term career plans.
"A single person might want to live in a more cosmopolitan area with an exciting nightlife and a wide variety of job opportunities. For someone married with children, the cost of living in the new location, good educational facilities and good career prospects will be important."
For the retiree, he says, good recreational, shopping and medical facilities may take precedence over business opportunities.
On the other hand, if you plan to relocate to be closer to family and your support system, you may have to weigh what this would mean to you against a possible career setback if you couldn't find the right sort of job in your new hometown.

"In short, picking the right location in this case is important not just in terms of the future value of your home, your security and your leisure time plans, but the direction in which you plan to steer your future."

 

What is more, says Botha, even if you're sure relocation is the right move, you will have to face the challenge of finding a new home in an unfamiliar town or city - unless of course you have enlisted the help of a seasoned local agent to research your needs and seek out suitable areas and homes ahead of your arrival.

"Having access to this 'resident expertise' will undoubtedly make the transition to a new environment much easier and fortunately, thanks to the internet, it is now possible for anyone relocating to contact and communicate with qualified, experienced agents just about anywhere in the world."

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