https://vimeo.com/1125094354 A Guide for HR, Real Estate, and Relocation professionals new to the Mobility industry. Course Summary Relocation Fundamentals is a four-hour foundational course introducing HR professionals, realtors, and mobility practitioners to the essential principles, terminology, and practices of corporate relocation. It explains how relocation programs are structured, administered, and supported—emphasizing the human, financial, and operational elements that ensure successful employee moves. Learner Objectives By the end of this course, participants will be able to: Key Topics Total Estimated Course Duration 4 Hours 4 hours for most learners, up to 6 hours with full interaction and reflection Core Content 2.5 Hours Instructional Videos: 1 hour and 50 minutes Reading: 30 minutes of reading examples, infographics and segments Assessment 1.5 Hours Quizzes: 30 minutes to an hour total of four content quizzes Exam: 1 hour time limit Supplementary (Optional) Interactive Sections 2 – 2.5 Hours Reflection Scenarios: 1 – 2 hours Downloadable instructional video Companion Workbook with reflection scenarios integrated: 30 minutes to 1 hour Display the question number online and in our records so we don’t repeat Questions may be used in any order Correct answers are marked with a ✅ One of the major factors that should be considered when developing mobility strategy is: ● Number of employees● Internal politics● Corporate culture✅● Availability of providers The Employee Relocation Real Estate Advisory Council (ERREAC) was the predecessor for which modern day organization: ● National Association of Appraisers● Worldwide ERC®✅● National Association of Realtors● Relocation Directors Council What is the purpose of a hardship allowance? ● To reward employees for excellent performance abroad● To cover unforeseen cultural training expenses● To compensate for challenging location conditions✅● To cover transportation and airline tickets Why might mobile employees hesitate to disclose eldercare concerns to their employers? ● They are unaware of available resources● They fear being discriminated against or seen as less committed✅● Employers do not offer eldercare assistance programs● They prefer to handle these issues privately What is one of the biggest challenges in a group move? ● Hiring new employees immediately● Maintaining business continuity before and after the move✅● Ensuring that all employees relocate● Reducing salaries to cut costs What is a common mistake buyers make in the RFP process? ● Choosing too few bidders● Asking too many unnecessary questions✅● Eliminating some service providers before the bidding starts● Asking about “soft” metrics like transferee satisfaction How does the inverse method of gross-up calculation differ from the flat method? ● It accounts for additional tax liability by grossing up the gross-up✅● It applies the same percentage to all employees regardless of income● It only considers federal tax rates● It excludes payroll taxes from the calculation What role does forecasting play in the relocation appraisal process? ● Predicting long-term property values● Estimating future market conditions during the marketing period✅● Determining historical appreciation rates● Determining income tax impact for gross-up Why do mobility professionals consider Buyer Value Option (BVO) transactions to warrant favorable tax treatment? ● Because BVO transactions have been ruled as non-taxable in previous IRS guidance.● Because BVO transactions do not involve an employer or relocation company.● Because the analysis in Ruling 2005-74 of Amended Value transactions generally applies to BVOs.✅● Because the IRS considers BVO to be outside their scope. Per the WERC Appraisal Guide, if a two-story home with a below grade, fully finished basement has dimensions of 50 feet by 100 feet, what is the calculated gross living area? ● 10,000 sq ft✅● 5,000 sq ft● 15,000 sq ft● Can’t be calculated Global Mobility Adviser’s CRP Exam Prep Course is eligible for certification credits from both HRCI® and SHRM® HRCI®: Global Mobility Advisor: WERC CRP Exam Preparation Course has been approved for 4 HR (General) recertification credit hours. SHRM®: Global Mobility Advisor: WERC CRP Exam Preparation Course is valid for 4 PDCs. Credits Sponsored By Global Mobility Adviser’s Relocation Fundamentals Course is eligible for certification credits from both HRCI® and SHRM® HRCI® Global Mobility Advisor:Relocation Fundamentals Course has been approved for 4 HR (General) recertification credit hours. Sponsored by SHRM® Global Mobility Advisor:Relocation Fundamentals Course is valid for 4 PDCs. Sponsored by