Probable Impacts to the Relocation Industry from the Guilty Sitzer/Burnett Verdict

November 6, 2023By Kathy DenningRelocation Blog Posts

A “Guilty” verdict has been reached in the Sitzer/Burnett case regarding the cooperative compensation rule.  This rule mandates that listing brokers must offer compensation to a buyer’s broker in order to submit a listing to the MLS.  The jury determined that the conspiracy aimed to raise, inflate, or stabilize broker commission rates paid by home … Read More

Amendment to Non-Canadian Home Purchasing Act

May 2, 2023By Kathy DenningRelocation Blog Posts

Canada has recently announced changes to the Prohibition on the Purchase of Residential Property by Non-Canadians Act, allowing more foreign nationals to purchase homes in the country.  The Act originally restricted non-Canadian citizens and permanent residents from owning residential property, with limited exceptions. Previously, temporary residents were required to have filed their income tax returns … Read More