CFR > Title 41 - Public Contracts and Property Management > SUBTITLE F—Federal Travel Regulation System > CHAPTER 302—RELOCATION ALLOWANCES (parts 302-1 to 302-17) > SUBCHAPTER E—RESIDENCE TRANSACTION ALLOWANCES (parts 302-11 to 302-15) > PART 302-14—HOME MARKETING INCENTIVE PAYMENTS > SUBPART A—Payment of Incentive to the Employee (§302-14.1 to §302-14.7) > 302-14.1—What is a “homesale program'?

302-14.1—What is a “homesale program'?

A “homesale program” is a program offered by an agency through a contractual arrangement with a relocation services company. The relocation services company purchases a transferred employee's residence at fair market (appraised) value and then independently markets and sells the residence.