Moving can be a daunting and expensive process, but understanding the underlying reasons for its high costs can help you better plan and budget for your move. As an expert in the field, I have seen firsthand the various factors that contribute to the overall expense of moving. According to recent surveys, nearly 20% of moves in the United States are due to families relocating to larger, more well-equipped homes. The remaining 85% are often caused by life events such as death, divorce, job transfers, retirement, or young adults moving out on their own for the first time.
Regardless of the reason for the move, one thing remains constant: moving is a physically demanding and labor-intensive task that requires a lot of time and effort. When it comes to selling a home, sellers are typically charged between 4 and 7% of the sale price, which can add up to a significant amount of money for more expensive homes. While customers who handle their own moves tend to focus on basic expenses such as packaging, labor, and transportation, they often overlook the cost of lost wages. According to the American Moving and Storage Association, only 20% of moves result in a claim for damages or loss. When you first purchased that beautiful framed painting or delicate lamp, you probably didn't consider how much it would cost to move it. If you're planning a long-distance move on your own, you'll have to factor in the cost of gas, which can quickly add up.
Additionally, when it's time to transport your belongings, drivers will need to pick up your moving container in a truck and deliver it to your new location. Some moving companies may provide a quote based on the number of rooms in your home, while others calculate it based on the weight of your belongings. While hiring professional packers can make the moving experience less stressful and save you time, it also comes at a higher cost. When moving companies create an inventory of your belongings, they can accurately estimate the cost of the move based on the time it will take for local moves or the weight for long-distance moves. One thing that remains consistent in the chaotic world of moving is that it often ends up costing more than customers initially anticipate. To avoid falling victim to moving scams, Tiffany Crozier, president and chief marketing officer of Corporate Relocation International, recommends thoroughly researching and verifying the credentials of any moving company you are considering.
It's also important to plan and budget for your move, especially if it involves a long-distance relocation. When planning for your move, don't forget to factor in any lost wages if you need to take time off work. If your new job is with your current employer, you may not experience any interruption in pay, even if there is some unproductive downtime during the move. For long-distance moves, you will also need to account for fuel costs and hiring a driver with a commercial truck license. Finally, one way to potentially save money on your move is to avoid transporting heavy items such as appliances, weight sets, or large grills. Consider selling these items before your move or during a garage sale.
While it may seem like an extra step, it could ultimately save you money in the long run.
