Smart. Helpful. Human. Responsible.

Move Talent. Deliver Experience.

As the world continues to evolve, organizations are exploring new ways of working to meet today’s growing business demands. This isn't easy to do when each business has its own agenda and objectives. That’s where Sirva comes in. We aim to help mobility leaders and talent managers navigate the complexity of relocation to meet and exceed company goals.

We have every resource to ensure your relocating employees are well taken care of as they prepare to embark on their relocation journey. With every interaction, we look to communicate in a way that is: Smart, Helpful, Human, and Responsible. These four pillars are indicative of the way we conduct ourselves and business in general.

What does this mean in practice and how do we use these pillars to help you?

 

Let's Chat

OUR OUTLOOK

SMART

  • We use cutting-edge technology to collect, sort, and report data in ways that are most meaningful to you.
  • We work with our worldwide network of vetted service partners to share important information and critical updates in a timely fashion to support your mobile employee wherever they may be.
  • We’re constantly in a state of improvement and innovation to make sure you have the best tools available to support your mobility program.
Smart
Helpful

HELPFUL

  • We take a proactive approach to problem-solving by anticipating needs and requirements based on decades of experience.
  • We understand that every client is different and each customer is an individual and we’ll always ask about their specific mobility needs and requirements.
  • We think outside the box and offer creative solutions and well-researched recommendations to you and your mobile employees.

HUMAN

  • We’re committed to cultivating a workplace and ecosystem that reflects the diversity of the global organizations we serve.
  • We believe the best results are realized when empathy, inclusion, kindness, and integrity serve as the basis for every interaction.
  • We’re a people-first company who prides ourselves on providing personal, high-touch support to you and your employees.
Human
Responsible

RESPONSIBLE

  • We see ourselves as positive change agents for our clients and their mobile employees in every pocket of the world where you live and work.
  • We embody an inclusive, engaged company culture, resulting in empowered employees that reflect a wide range of approaches and perspectives, leading to new ideas, innovation, and excellence.
  • We seek sustainable solutions that lower carbon footprints, increase productivity, and reduce costs for our company, our customers, and the planet 

SMART. HELPFUL. HUMAN. RESPONSIBLE.

We’re here for you. Our dedication to global mobility and talent management is underpinned by a collective desire to deliver an exceptional move experience, from start to finish. We’re passionate about what we do, and deliberate about how we do it.

Smart. Helpful. Human. Responsible.

CONTACT US

Webinar Replay: Real Estate Lawsuits Updates – What You Need To Know For Your Relocation Program

  • by Daina Mueller
  • Wednesday, October 30, 2024 9:18:59 AM

There has been a lot of discussion about the significant changes brought about by the National Association of Realtors (NAR) rulings and a need for mobility managers and organizations to understand the implications for mobility programs. Sirva has been monitoring the situation, clarifying the impacts on processes, defining approaches, and sharing what mobility managers need to know about these latest developments.

The latest event in Sirva’s 2024 Continuing Education Webinar series — Real Estate Lawsuit Updates: What You Need To Know For Your Relocation Program — hosted by Sirva’s Jeff Margolis, Executive Vice President and General Counsel, provides an overview of today’s real estate landscape, specifically the impact of ongoing lawsuits against NAR and how they impact relocation programs. This webinar covers how:

  • Current commission practices may affect your relocation strategies
  • Sirva has been preparing for these changes and the actions we are taking
  • Industry peers are approaching these changes and addressing any potential relocation policy changes

What’s Changed?

The webinar goes into more detail on what buyer brokerage is and the changes that have occurred, but here are the highlights, including:

  • Buyer agency agreements are required for NAR members.
  • The amount the buyer broker will be paid must be specified, it cannot be open ended, zero or modified.
  • Buyer brokers cannot be paid more than what is agreed upon.
  • Offers of buyer broker compensation are prohibited in the MLS, but can be provided on the broker’s site.
  • There are changes to the listing agreements between transferring employees and listing agents that clearly outline how much the listing agent is receiving and how much the seller is willing to pay towards buyer compensation.
  • NAR rules may impact renters as well, which could result in renters paying commissions if the landlord does not agree to pay the commission.
  • Updated paperwork exists for new moves, as well as for all in-process moves.

Sirva Policy Recommendations 

While this situation is fluid and subject to change, there are some policy recommendations we are making to clients at this time:

  • Home sale – we recommend continued payment of full commission.
  • Home purchase – we recommend not covering buyer broker commissions at this time.
  • Relocation policy - update your relocation policy language to be clear on what is included in home purchase benefits and establish well defined exception and escalation protocols.
  • Employee engagement – monitor your relocating employees’ situations on a case-by-case basis, keep the lines of communication open, and continue to track the market for changes.

Ensuring Your Program is Ready

  • Be flexible. Know that this is a fluid situation, and changes will be ongoing.
  • Plan your course. Review the impacts of recent changes on your program and processes to determine your approach and any potential policy updates.
  • Learn from the experts. Understand the value of Sirva’s Preferred Broker Network, as well as the value of pre-approvals with Sirva Mortgage.
  • Stay educated. Keep an eye out for updates from Sirva as we continue to monitor the industry and markets for further clarifications.

 


 

Website Play Icon

 

Watch our webinar replay for more insights on what you need to know about navigating recent real estate changes and supporting your relocating employees. If you would like to have further discussions on this topic, please contact us at concierge@sirva.com or reach out to your Sirva representative.

 

Webinar - september
home buying process blog credit and home buying
Webinar Replay: Real Estate Trends And Their Impact On The Relocation Industry  Supporting Relocating Employees With The Home Buying Process  The Role of Credit In the Home Purchase and Mortgage Process
Watch The Webinar Read The Blog Read The Blog

 

 

Smart. Helpful. Human. Responsible.