Government Services Overview
Lexicon Relocation is a recognized industry leader in providing global mobility solutions. We offer professional assistance to employees and their families being transferred to their new duty station anywhere within the continental United States and the Commonwealth of Puerto Rico.
Our staff of relocation experts will help your employees with marketing and selling their homes, finding new homes, shipping household goods, rental assistance, mortgage assistance and property management.
Lexicon offers the following programs under the GSA Schedule 48 for Transportation and Delivery Relocation Services. (click heading for full information)
Entitlement Counseling
Entitlement
Counseling
Entitlement counseling is available before an employee decides to
move. Our service delivery team is fully trained on FTR allowances.
Once the decision to transfer is made, a dedicated Lexicon
counselor will be designated as the single-point-of-coordination
throughout your employee's relocation program. The counselor helps
develop a move schedule, identifying any unique requirements. Your
employee will be provided with information on FTR entitlements and
allowances (travel, per diem, etc.) and any specific agency
policies and/or programs that can help an employee or job candidate
make an informed decision on the move.
Departure Services
Marketing Assistance
Lexicon's home marketing program makes the most of your
transferring employees' efforts to market and sell their own homes.
This approach meets two important objectives. First, it reduces
your costs by increasing your employees' success in selling their
homes in the shortest time period. Additionally, your employees
benefit by receiving the highest possible sales price for their
home through our professional marketing strategies. The counselor
will provide practical counseling on how to price and prepare the
home for sale, and apply cost-effective improvements that will
result in the greatest net gain. In addition, the counselor
will:
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Monitor plan progress and facilitate marketing strategy changes that are the result of market conditions
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Work with your employee's broker to develop and continuously refine a detailed marketing plan appropriate to the property and its market.
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Help your employee evaluate and respond to offers from potential purchasers
Appraisal Value Sale
Lexicon will coordinate the appraisal process in
accordance with the GSA statement of work, the FTR and the agency's
specific policy in order to provide the employee with a guaranteed
buy out. Amended Value Sale: Lexicon's primary goal is to increase
the Agency's amended sale rate in order to provide cost savings to
the overall relocation program. This is accomplished by partnering
with the Agency and your relocating employees during the appraisal
process and the acceptance period through intensive focus on the
marketing efforts. The employee will be eligible for the amended
sale option when a bona-fide offer is received from an outside
buyer that is equal to or greater than the appraised value
offer.
Buyer Value Option
Lexicon offers a Buyer Value Option program. This
program, a cost-effective alternative to a full home buyout
program, takes advantage of your employee's ability and motivation
to find a buyer. Lexicon manages the entire process, beginning with
Marketing Assistance and concluding with managing the closing once
a buyer is found. This program gives your employees access to
equity and, when properly structured, can position your relocation
program most favorably to take advantage of potential tax benefits.
This can be a tremendous cost savings for your organization over a
direct reimbursement approach. The counselor guides your employees
through the entire process, assists in selecting a qualified broker
and closing representative; coordinates the marketing of the home,
and helps your employees anticipate and observe all relevant state
disclosure and related requirements.
Closing Only Services
The Close Only Services program is recommended for
employees who are ineligible for Home Sale, but eligible for direct
reimbursement of real estate sale expenses under the FTR, in order
to minimize costs to the Agency. Under the Close Only Services
program, the counselor will provide marketing assistance in the
same manner provided when the employee is participating in the home
sale assistance program. However, when an offer is presented,
rather than purchasing the home, Lexicon will manage the sale
process and closing on behalf of the employee. The employee can
focus on coordinating the other move details and report to the new
duty location more effectively. The employee remains the seller of
record and continues to have decision making authority over all
decisions related to negotiations and concessions with the buyer.
Upon closing, Lexicon will issue equity to the employee, reimburse
the employee for allowable closing costs and invoices the Agency.
The employee does not have to complete forms or attend the
closing.
Property Management
Services
The Property Management Program provides professional
tenant screening, leasing coordination and home management services
for employees who choose to rent their homes when a accepting a
rotational assignment.
Destination Services
Home Finding for
Buyers
Transferring families are assured of the opportunity to
relocate into a community and home in keeping with their particular
lifestyle, housing and budget requirements. This professional
assistance reduces the time spent searching for appropriate homes
in the new location, as well as unnecessary travel expenses. The
counselor conducts a needs analysis to help the rental agent
identify appropriate communities, neighborhoods and affordable
price ranges that meet the employee's specific needs.
Rental Assistance
Two rental service tiers are available to meet your
employees' needs. The half- and full-day tour programs include an
area familiarization tour along with the apartment-finding
component.
Mortgage Assistance
Lexicon has established numerous relationships with
nationally-recognized mortgage providers specializing in
relocation. We offer access to fast, simple, quality mortgage
assistance which provides individualized support for all aspects of
your transferring employees' home financing needs from
pre-qualification to closing.
Move Management
Services
We are happy to work with a GSA approved moving services
provider to manage a comprehensive, professional household goods
shipments program in accordance with the FTR and the Agency
specific household goods move policy.
Management Reporting
Our reporting is designed to be flexible and accessible.
We can capture and transmit data by division, cost type, and any
other parameter you specify, either in detail or as a summary.
GSA Schedule 48
View a copy of our current GSA Schedule 48 below or
follow this link to obtain a
portable copy.