Blog
How To Manage Client Expectations About Real Estate Auctions
A real estate auction can be a highly effective way to sell a property. It’s an accelerated and intense process which can reduce the length of time a property sits on the market. It can also reduce costs and effort (on both the part of the agent and sellers) associated with ongoing marketing and multipleRead More
Subpoena Coverage: Who Needs It and Why
Recently, a CRES client, a real estate broker, received such a subpoena. One of his former agents had been the listing agent for the family home of the divorcing couple. Although there didn’t appear to have been any assertions made against the broker or the former agent, the broker had been subpoenaed. In this case,Read More
Real Estate Lockbox Risks and How to Manage Them
Real Estate lockboxes make it easy to show your properties when the seller is away or unavailable. There’s no need for buyer’s agents to travel to and from your office to pick up the key. This convenience will make your listing more attractive and can often differentiate between other properties which aren’t set up withRead More
Selling a Property Sight-Unseen
According to a survey commissioned by Redfin, around 35% of real estate buyers purchased a property sight-unseen last year. These buyers often purchase at the higher end of the market, in competitive real estate markets such as Los Angeles, San Diego, and San Francisco. Sight-unseen purchases are also common among investors who want to rentRead More
Maximize Engagement From Your Social Media Posts While You Minimize Risk
With more than a billion users on Facebook and Instagram, half a billion on LinkedIn and more than 300 million on Twitter, social media must never be overlooked as a marketing channel. Through social media, you can communicate with your existing clients and attract new prospects. The conversations here can also provide you with valuableRead More
Home Inspections—Do Real Estate Agents Need to Be There?
Home inspections can add peace of mind for buyers. What is your role as a real estate agent, beyond recommending an inspection? First, don’t oversell the home inspection. Provide several options for home inspections and note in writing that buyers can choose somebody else. Make sure you document your recommendation to have a home inspectionRead More
Technology Traps: Lessons Learned from Real Estate Litigation
Unfortunately, there are many painful lessons learned about “technology traps” from the litigation home front. Real estate agents rely on technology to do business. But that reliance can sometimes cause problems. Real Estate Litigation and the Cut and Paste Trap Do you rely on eContracts or digital real estate contracts? Something driving a lot ofRead More
Real Estate Buyer’s Agent Guide to Buying a Home As Is
Not every house is a dream home. Properties offered for sale “as is” indicate the seller plans to sell the home in its current condition, without any further repairs or renovations. Buying a home “as is” can be an attractive option for: investors who plan to renovate and “flip” the home for profit, buyers whoRead More
Realtors® and Identity Fraud – When Someone Impersonates You or Your Business
When you’re a real estate agent, it’s natural to have your name, face and contact details widely publicized to attract business. However, having your details available in the public domain can leave you vulnerable to identity fraud. Identity fraud (or identity theft) occurs when someone assumes your identity using your personal details with the purposeRead More
What to Do with a Tenant’s Abandoned Property
Landlords and property managers know that when tenants leave, they don’t always take all their things with them. Recently a client asked our risk management legal advisory team whether they could get rid of personal property a tenant left behind when they moved out. 3 Steps to Dealing with a Tenant’s Abandoned Property Whether theRead More