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Ways to reduce the cost of moving Real Estate 

Ways to reduce the cost of moving

Using a moving company whenever you need to move provides a number of benefits. However, engaging a full-service professional move, where the company packs, unpacks, and essentially handles the entire process on your behalf can prove costly, especially if you are on a tight budget. Fortunately, there are ways to reduce your expenses even when you hire professionals, including the use of tax breaks, packing small belongings well before they arrive, and by conducting adequate research. Additionally, a greater percentage of homeowners move during the summer months and the convenience of moving in the summer season comes at a price. Shifting during the busy summer season costs about 25 percent more compared to moving between October and April.

Snag a tax break: When shifting because of your employment, you might be able to deduct particular moving expenses including the storage and transportation costs for your household goods, and the travel and lodging expenses you incur while in transit. Consult a tax preparer or check the IRS guidelines to confirm whether you qualify.

Price it out: Contact at least three moving companies and compare their prices. Get an in-home estimate from each mover to ensure they have precise knowledge regarding what they will be transporting, which in turn enables them to offer you a more realistic estimate.

Research the movers: Confirm you are hiring a legitimate moving company, licensed and equipped with proper resources and insurance for the smooth completion of your move. Unfortunately, branding trucks and claiming to be professional long distance movers is rather easy today. AMSA provides a list of certified professional movers, which might help you vet the companies. Look up the Better Business Bureau to confirm whether complaints have been filed against whatever company you intend to use.

Cover your items: Hiring professional movers gives you the ability to insure the expensive items you want transported. Although insurance is an extra cost, it will come in handy if any of your expensive items break. Start by checking your policy since your household items might be covered by your renters or homeowners insurance. In case you purchase insurance through the moving company, be clear before you sign. Confirm whether it is market value or replacement value and whether you pay different types of insurance when you pack and when the movers pack your stuff.

Plan ahead: Label which room each of your boxes goes to, eliminating the need to have someone by the truck instructing the unloading crew about where to put things. You can significantly reduce the moving time by snapping pictures of your new home and drawing on them to indicate where each item goes. Although most of the strategies mentioned above consume time, planning ahead ensures your move is cost-efficient. If you are interested in learning more, visit Premiere Van Lines.

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