by Natalka Falcomer | Apr 2, 2024 | Legal Issues, News
In a landmark development, the National Association of Realtors (NAR) recently settled a series of commission lawsuits, agreeing to pay $418 million USD in damages and pledging to overhaul its rules regarding real estate agent commissions. This settlement, prompted by...
by Natalka Falcomer | Mar 22, 2024 | Legal Issues, News
In response to a flurry of commission-related lawsuits causing upheaval, the National Association of Realtors (NAR) recently brokered a groundbreaking settlement, pledging reforms and financial restitution. Valued at $418 million over four years, the agreement...
by Natalka Falcomer | Mar 18, 2024 | Advice for Agents
While real estate agents inherently function as salespeople, their responsibilities extend beyond mere transactions, encompassing rigorous adherence to FINTRAC compliance and the meticulous drafting of legally binding agreements. Drawing from my experience as a broker...
by Natalka Falcomer | Feb 9, 2024 | Advice for Agents, Technology
As a broker, I share the frustration with many of you regarding the myriad of compliance requirements placed upon brokers, managers and real estate agents — from how to record our deals to finding out if one of my real estate agent’s clients is a cousin of someone who...
by Natalka Falcomer | Jan 30, 2024 | Legal Issues, News
In a recent legal development, another lawsuit — Kevin McFall v. Canadian Real Estate Association et al — has been filed against various real estate boards, franchisors and brokerages, echoing last year’s Sunderland case. In an exclusive interview with competition law...
