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Savings Example
Type of Program Average Price of Home Average Inventory Cost Average Loss on Sale Appraisals & Inspections ReloDirect Fee Closing Costs (10%) Gross Up Expense Total Cost per Relocation Est. # Relocations Total Program Costs
3.50% 2%
GBO converted to Amended Value  650,000  2,000  2,995  13,000  -  17,995  7  125,965
(normally 75% of homes never go into inventory)
GBO  650,000  13,125  22,750  2,000  2,995  13,000  -  40,745  3  122,235
 
 248,200
 
             
Direct Reimbursement  650,000  13,000  42,706  55,706  10  557,060
   
Relocations Direct Cost Advantage  308,860

 

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