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In localities where houses sell for a premium over the list price, can the relocation agent adjust the relocation housing payment to account for this premium?

April 26, 2017agent houses HOUSING list localities Premium price relocation sell

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In localities where houses sell for a premium over the list price, can the relocation agent adjust the relocation housing payment to account for this premium?

1 Answer

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The regulation does not call for adjusting the asking price, either upward or downward. The regulation does say the comparable must be available. If a comparable is not available for the amount calculated, a new calculation may be in order.