Blog

apartment property with person holding smartphone showing airbnb logo

Airbnb and the Impact on Real Estate Sales

Airbnb has transformed the accommodation market and shaken up the property market in the process. The platform currently has 7 million listings worldwide across more than 100,000 cities, in more than 220 countries.  Critics have spoken widely about the lack of regulation of the home-sharing platform, along with the impact on rental prices. All theRead More

contract with person signing on signature line

Lessons Learned from Real Estate Contract Errors

Copy-and-paste can be a huge time saver in your real estate contract, but if you aren’t careful, it can cause more than a headache.  Recently a CRES-insured broker called our ClaimPrevent® Hotline with just such a copy-and-paste challenge. She had prepared a real estate contract offer on an investment property that was listed on theRead More

paperwork on desk that shows charts and graphs going up and down

Managing the Real Estate Buying and Selling Process in Unpredictable Housing Markets

Real estate is a dynamic industry with ever-changing market conditions. This unpredictability brings with it significant risks and many potential issues for real estate professionals. Let’s take a look at what pitfalls you should watch out for and what you can do to protect your real estate business.  Current State of the Industry  Some commentatorsRead More

view looking up towards sky through four skyscraper buildings

How to Avoid a Real Estate Breach of Duty Claim

As a real estate professional, you face many risks every day in the course of business. Claims for “breach of duty” are just one of those risks. Here’s what breach of duty is, how you might find yourself in a breach of duty situation and what you can do to avoid the risks.  What ConstitutesRead More

image of man's boot about ready to step on banana peel

How to Avoid Client Injuries at Your Office

Client visits are an everyday occurrence for a real estate broker’s office. But what if a client trips or falls at your premises? What happens if something accidentally falls on a client while in your conference room or some other form of accident occurs? Clearly, there are risks associated with client visits. But the risksRead More

2 sets of male hands looking at legal documents with pen in hand

Should Brokers Complete Note and Deed of Trust?

Have you ever been asked to complete a note and deed of trust? Recently a CRES-insured broker called our CRES ClaimPrevent® Hotline, because he was asked to complete a note and deed of trust for a client. The broker asked if it was proper to do so — and if the parties should sign aRead More

caution tape in front of green grass and trees

Selling a Home Where Drug Activity Has Occurred

Selling a home where there’s been drug activity can be problematic for any real estate agent. There are potential safety issues for you, your team, and prospective buyers when you’re showing the home. There’s also the possibility of a lawsuit if a buyer is unaware of the drug activity and finds out after purchasing. So,Read More

Front door with key in lock

Unescorted Access for Prospective Tenants and Buyers — Is It Just Too Risky?

Real estate is a busy profession and you can’t be everywhere at once. Sometimes it might be tempting to consider unescorted access to prospective tenants and buyers. But, is it just too risky?  What Can Go Wrong? In truth, there are many risks associated with allowing unescorted access to properties for prospective tenants and buyersRead More

business meeting table with woman typing email on laptop

“Business Email Compromise” Attacks – What they are and how you can avoid them

Business Email Compromise (BEC) attacks are on the rise around the world, and every industry is affected. The FBI’s Internet Crime Complaint Centre (IC3) estimates that more than $26 billion has been lost from BEC fraud over the past three years. But, increasingly, the real estate industry is becoming a high-value target. BEC attacks involvingRead More

law gaval laying on desk

Source of Income Discrimination in California

Under federal law, it is illegal for a landlord or residential rental housing provider to discriminate against a person because of the person’s disability, religion, ethnicity, sexual orientation, race, marital status, religion, ancestry, or source of income for the rental.  California’s Legislature has declared that the opportunity to seek, obtain and hold housing without unlawfulRead More

Colorado Realtors®: it's time to renew your E&O policy. CRES Real Estate E&O FAR EXCEEDS the coverage of the group… https://t.co/vl5H04831b Property damage, injury and theft are just 3 risks if Realtors® allow unescorted access to a listing. Learn risk mi… https://t.co/429zNfjTu9