Signature Relocation has strategically assembled its team to lead and assist a recently signed International Agriculture Company, with global initiatives relocating employees throughout North America, Africa, and South Asia. Signature Relocation was selected for its unlimited ability to improve the quality and experience of employee relocation, also reducing costs, time, and stress for their Human Resource Professionals.

With over 20 years in the industry, Signature Relocation has extensive experience in the management of global household goods (HHG) and will apply this collection of quality through a single point of coordination; assisting relocating employees with destination services, immigration, temporary housing, rental assistance, U.S. Domestic HHG, Global HHG management, and tax gross-up when applicable.

Signature Relocation takes pride in building relationships, thoroughly understanding the needs of our global mobility clients to manage all aspects of employee relocation, helping employees feel confident about the relocation process, and paving the way for a faster more seamless move.

To learn more about how Signature Relocation can provide your organization with the best-in-class employee experience combined with the highest quality in the industry visit us at www.signaturerelo.com or contact us by phone (877-373-0691) or email (info@signaturerelo.com) for more information.

 

“Quality is not an act; it is a habit.” – Aristotle

At Signature Relocation, we are passionately committed to the relentless pursuit of global service excellence, particularly when it comes to buying or selling your home. Today we can reference IRS Revenue Ruling 2005-74, this ruling addresses the income tax treatment of costs an employer incurs in connection with the different home purchase programs the employer may offer to relocating employees.

The most common type of tax-protected home sale program is the Buyer Value Option or BVO. BVO is a process in which an employer can pay for a transferring employee’s home selling costs and avoid the income tax implications to the employee and to the company. The home sale program creates two separate sale transactions: one where the transferring employee sells their home to a relocation management company (RMC), such as Signature Relocation, and the other where the RMC sells the home to the outside buyer.

How Does it Work?

• Step One – The transferring employee, with assistance from Signature Relocation, markets their home for sale.
• Step Two – When an outside buyer comes along and makes an offer, Signature Relocation steps in and buys the home from the transferring employee.
• Step Three – Signature Relocation then turns around and sells the home to the buyer, and pays the realtor commissions and closing costs. These costs can then be treated as business expenses by the company.
• Step Four – Signature Relocation bills the employer for the realtor commissions and closing costs that Signature Relocation paid as the seller. Since the transferring employee never paid any real estate commissions or closing costs, the transferring employee incurs no income tax burden.

It is important to note that there must be two separate transactions. If the deal were to fall through after the relocation company buys the house from the transferring employee, there are no do overs; when structured properly, the BVO sale process can be a win-win for all.

For more information about how much you can save with Buyer Value Option (BVO) or other relocation needs, please visit our website at www.signaturerelo.com or call us at (877-373-0691) ) or email (info@signaturerelo.com) for more information.

As a midsize relocation management company, we pride ourselves on taking the time to understand your goals and corporate culture so that we can tackle your biggest concerns.

We are most proud and appreciative for the sweeping accomplishments of such a supportive and hardworking team, always stepping up to make it happen at Signature Relocation! We are so excited to share our most recent review, as reviews help us keep up with your needs and make others feel confident about making decisions regarding relocation.

We are so proud of our team for receiving this most recent feedback:

“I am part of the immigration/mobility team for a large tech company. We have been working with the Signature team for over a year and we absolutely love working with them! Dale is the head of the company but he is always available when we need him, and he goes above and beyond to make sure all of our needs are met. He has been in the trenches with us, helping us to create a policy and build up our mobility program from scratch. He seems to work around the clock and is extremely passionate about this work! Lori is the main contact on our account and she is also extremely dedicated, responsive and all-around just amazing to work with. She has great attention to detail and has helped guide us through both big-picture and individual issues that have popped up. Our mobility team and the employees who are relocating love working with her. She is also always so pleasant, which just makes the experience of working with Signature that much more enjoyable! I highly recommend working with Signature for your relocation/mobility needs.”

Signature Relocation has been a full-service relocation provider since 1998. We offer a complete range of domestic U.S. and global relocation services. Signature Relocation provides custom-based support in program administration and single-point-of-contact management of home sales, destination services, household goods move-management, and international assignment support.

For additional information about the quality services we offer you can visit us at www.signaturerelo.com, or contact us by phone at (877-373-0691) or email (info@signaturerelo.com) for more information.

Signature Relocation is honored to have had the unique opportunity to partner with The Forgotten Heroes Campaign (FHC), through sponsorship at The Wellshire 9’ers Golf Tournament played on Tuesday, August 23, 2022, on the United States Air Force Academy’s Eisenhower Blue Golf Course. The Forgotten Heroes Campaign was established by General Salvatore Villano, whose mission is to seek out and honor veterans who earned, but never received awards for their service and meritorious wartime deeds.

Signature Relocation’s Tom Tolen, Director of Global Consulting, was on site and a participant in what Tom called, “A great event on a beautiful course!”. Tom has been in the relocation industry for 20+ years, providing client direction on policy issues including best practices in expense processing and tax gross-up. Signature Relocation sponsored 3 holes along The Eisenhower Course; Tom made it even more eventful, awarding prizes on behalf of Signature Relocation to the longest putt and two for closest to the pin on separate holes. Tom noted his team finished 2^nd in the tournament, and at the awards ceremony he gave a brief overview of Signature Relocation.

Signature Relocation is deeply honored and humbled to have participated in this sponsorship event supporting The Forgotten Heroes Campaign, as its founder Salvatore Villano, Jr “General Sal”, passed away the following morning August 24, 2022. To support The Forgotten Heroes Campaign visit: https://forgottenheroescampaign.org/support/

Signature Relocation is a full-service RMC focused on delivering customizable high-quality relocation services. In the industry for over 20 years, we offer a complete range of domestic U.S. and global relocation services. Signature Relocation provides custom based support in program administration and single point of coordination management of home sales, destination services, household goods move management, and international assignment support.

To learn more information about the quality services we offer you can visit us at www.signaturerelo.com, or contact us by phone (877-373-0691) or email (info@signaturerelo.com) for more information