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When Real Estate Professionals Buy a Home Warranty for a Listing to Seal the Deal

Have a listing that just isn’t moving? Is it an older property? Might it attract first-time buyers? More Realtors® Purchasing a Home Warranty Plans It’s becoming increasingly common…

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How to Cultivate a Culture of Equity and Inclusion Among Your Real Estate Team

In your role as a real estate broker, you and your team will deal with people from different backgrounds, races, cultures, ages, genders and occupations. To run a…

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Do You REALLY Know What Your Real Estate Team Members Are Doing?

Coming off the challenges of the pandemic, your real estate business may now be booming. With some real estate professionals feeling there aren’t enough hours in the day,…

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How to Avoid Real Estate E&O Claims Responsibly and Eliminate Finger-Pointing

As a real estate professional, you always want to come across as knowledgeable and helpful to your clients. However, you could find yourself facing a lawsuit if you…

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New Mexico Update on Eviction Moratorium

The U.S. Centers for Disease Control and Prevention (CDC) issued a new order that would stay evictions for most renters impacted financially by the COVID-19 pandemic until Oct.…

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How to Handle Negative Online Reviews For Your Brokerage

According to the Pew Research Center, 85% of Americans go online daily. That percentage includes 31% of people who report they’re online almost constantly and 48% who say…

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Selling a ‘Stigmatized’ Property

According to the National Association of REALTORS®, a ‘stigmatized’ property is a place that has been ‘psychologically impacted by an event which occurred or was suspected to have…

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What Is a Subpoena in California?

A subpoena is an order issued by either an attorney, court clerk or a judge. Subpoenas are used to obtain records and information from people or entities who…

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How to Help Your Real Estate Clients Avoid Deed Fraud and Scams

Deed fraud is on the rise, and real estate agents must be vigilant to help clients avoid these increasingly sophisticated scams.  What is Deed Fraud? It typically involves…

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5 Tips to Create an Effective Risk Management Framework for Your Brokerage

Every small business can benefit from having a risk management framework in place to minimize risk, liability and lawsuits. But for real estate brokers, it’s truly essential to…

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6 Pitfalls When Selling Homes That Need to be Demolished

Selling homes that need to be demolished can be challenging for real estate agents. There are safety issues and other potential risks to consider. If you want to…

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How To Prevent a Ransomware Attack

Your real estate brokerage, mortgage brokerage, property management company, or appraisal company is dependent upon electronics to function on a day-to- day basis from emails, online research, electronic…

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CRES Risk Management Webinar: Risks to Real Estate Licensees Representing Sellers When Low Inventory

There are extremely low inventory levels for housing across multiple states right now. A significant portion of the real estate market are individuals who are simultaneously selling a…

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CRES Risk Management Webinar: Possible Pitfalls of Real Estate Whisper Listings

Given the current Seller’s market and scarcity of homes for sale, office- exclusive listings (also called whisper listings) have become a more common occurrence.  In this situation, a…

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6 Tips to Deal With Cluttered Properties and Minimize Your Risks

Clutter is a problem for 50% of Americans who say they’re overwhelmed with it. Clutter can mean a garage you can’t use for a car, money wasted on…

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California’s Home Hardening Fire Disclosure Law

The State of California enacted legislation on 2019 effecting homeowners beginning January 1, 2020 who place their homes on the market to sell. Any seller after construction of…

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Property Showings on Rainy Days — How to Minimize the Risks

Real estate professionals face risks every day, especially from property showings and open houses. And when you’re trying to conduct showings or open houses  on rainy days, that…

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CRES Risk Management Webinar: Escalation Clauses, Appraisal Addendums, and More

In a hot seller’s market, there are increased risks for real estate professionals. And we’ve uncovered more of them in looking specifically at Nevada. In this webinar, attorney…

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CRES Risk Management Webinar: Owner Licensing for Long-Term Rentals – Denver County

Denver City Council recently passed a new bill that imposes licensing restrictions on long-term rental property owners. In this webinar, attorney Anthony Lally from White & Steele, and…

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How to Sell Property Where Squatters Have Lived and Reduce Your Risks

Squatting is the unauthorized use of a property. It’s trespassing without the permission of the landowner, and usually over a significant period of time.  If you’re a real…

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CRES Risk Management Webinar: Contingencies, Multiple Offers, Deadlines, and More — Preventing Claims in a Hot Real Estate Seller’s Market

In many markets right now, there's a limited amount of inventory and a surging demand for property. In this “hot seller’s market” with fast-moving properties, real estate professionals…

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How to Support New and Inexperienced Real Estate Agents to Minimize Risk Exposure

In 2020, 17% of all REALTORS® had less than one year of experience, according to the National Association of REALTORS®. You have to start somewhere, and recruiting and…

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Updated Guidelines in California for Real Estate Open Houses – May 2021

On May 12, 2021, the California Dept. of Public Health (CDPH) updated its guidance on open houses to allow in-person showings of properties, such as open houses.  The guidance states that…

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Selling a Home with an Above-Ground Pool

Swimming pools are becoming more popular as families look for recreational activities in their own backyard. Since the pandemic, orders for pools have skyrocketed in the United States,…

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Denver City Council Bill 21-420 Effect on the Real Estate Market

Recently, the Denver City Council passed Bill 21-0420, which imposes licensing requirements on property owners offering long-term rentals within Denver County. (A copy of this signed bill can…

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Dealing with Transaction Coordinators

If you’re a busy real estate agent juggling many listings, you may feel overwhelmed by all the complex legal paperwork that comes with transactions. A Transaction Coordinator can…

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6 Compliance Items to Review to Protect Your Real Estate Brokerage This Year

Now that 2021 is well underway, it’s a good time to review any risks and vulnerabilities within your business. Here are 6 things that every broker should review…

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Proper Screening of Tenant Applicants in California by a Landlord or Property Manager

A landlord or his or her property manager in California at most can charge a potential tenant fifty- dollars and ninety-four cents ($50.94) as an application fee where…

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Pitfalls for Colorado Brokers in a Seller’s Real Estate Market

Colorado is experiencing unprecedented market conditions that favor sellers of real property. The heavily favorable sellers’ real estate market is due to a combination of factors, including the…

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How to Help Your Buyers Avoid Post-Winter Water Damaged Homes

There have been some harsh weather conditions across several states in America this winter, especially in places like Colorado. This not only takes its toll on residents, but…

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CRES Risk Management Webinar: Understanding Obligations and E&O Issues for Real Estate Brokers

In this webinar, Mark Carlson, attorney from Carlson Law Group and Dave Miller, Regional Vice-President with Fidelity National Home Warranty, discuss real estate broker obligations. They provide valuable…

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Tips and Pointers for Professional Property Managers in Colorado

Property Manager experience: The leasing and management of real estate for a fee or compensation requires a real estate broker license and must be conducted through a licensed…

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California Escrow Risk Management Protocols

Over the years, I have seen an increase in claims and litigation arising out of the way an escrow was handled ranging from wire fraud transfer of funds,…

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Real Estate Brokers: How to Communicate With Your Agents About Seller’s E&O

As a real estate professional, you know the importance of errors and omissions (E&O) insurance. It’s professional liability insurance that protects you and your team against potential lawsuits. …

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Selling Real Estate in ‘Qualified Opportunity Zones’ — Tips and Risks

The Qualified Opportunity Zones Program was introduced with the 2017 Tax Cuts and Jobs Act. The program aims to boost economic growth to disadvantaged and ‘economically distressed’ communities.…

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