Worldwide ERC® created the STOP documents to help educate transferees and real estate brokers about the potential of preexisting agreements the employer or relocation management company has with other real estate brokerages or service providers. Before taking any action, transferees and brokers should review the documents to help mitigate possible complications with the benefits package of the transferee. The documents have been updated to reflect lump-sum and other relocation packages now being offered by some employers. The policies behind the STOP documents are fully articulated in Worldwide ERC’s “Policy Statement on the Timely Disclosure of Real Estate Referral Fees,” available at http://www.worldwideerc.org/gov-relations/Documents/5-18-2015FINALFeesTimelyDisclosurePolicy.pdf.
See the Broker Stop Document.
See the Transferee Stop Document.