Press Release

Weichert Relocation Resources Addresses Relocation Cost Control at 2004 RELO Conference

6/14/2005

MORRIS PLAINS, N.J. -- Betsy Roche, Director of Broker Network Services at Weichert Relocation Resources Inc., was a presenter at the 2005 RELO® Conference held recently in Scottsdale, AZ. The annual meeting welcomed nearly 900 brokers and relocation professionals from leading domestic and international real estate firms.

In an interactive session entitled “Relocation Pricing and Profitability,” Roche analyzed some of the factors affecting the cost of workforce mobility, including heightened global competition, rising appraised values of employee homes, revenue sharing, and the growing influence of procurement on vendor selection.

“As relocation costs escalate, companies need to be certain that their providers aren’t skimping on quality to maintain profitability, which can lead to lost productivity and employee attrition,” said Roche. “The RELO Conference provided a great opportunity to discuss the various warning signs and share some of the ways Weichert Relocation Resources is combating the trend, employing creative pricing solutions and innovative performance measurement processes.”

Roche’s complete presentation can be viewed in the Resource Library at Weichert Relocation Resources’ website, wrri.com, by clicking the “Lecture Series” tab.

Weichert Relocation Resources Inc. (WRRI) is one of the world’s leading global relocation and assignment management firms, delivering turnkey mobility solutions to corporations and their employees. With a service reach encompassing over 120 countries, WRRI serves 500 clients throughout the world. The company’s service offerings include domestic relocation services, international assignment services, real estate management and resale services, financial services, payroll and tax services, household goods move management services, consulting services and group move management services. WRRI has offices worldwide and more than 500 employees. For more information, visit www.wrri.com.