Blog
CRES Risk Management Webinar: COVID-19 Forms and Best Practice for California Real Estate Professionals
COVID-19 has brought a great deal of challenges to the real estate industry. Keeping up with exactly what forms should be used in transactions is one of those challenges. Keeping up-to-date with changes to the forms and guidelines as they evolve during the pandemic is another. There are risks today that didn’t exist ever beforeRead More
Managing the Risks of Remote or Drive-Thru Real Estate Closings
Many people have been severely affected by the coronavirus through illness, job losses, and business closures. As a result, some clients, understandably, will want to cancel transactions because their circumstances have changed as a result of the pandemic. Most contracts include a ‘Force Majeure’ or ‘Acts of God’ clause which offers an out to partiesRead More
Reducing the Risks Of Managing a Remote Real Estate Team
Did you know that approximately 42% of the labor force in the United States is working from home right now? There were many benefits of having your team work remotely from home before the COVID-19 pandemic. But, in today’s circumstances, reducing the number of people gathered at the office helps reduce the risk of spreadingRead More
How to Avoid Misinterpretations When Working Remotely With Real Estate Clients
The current pandemic has increased the physical distance between all of us to ensure public safety. There are also various state orders that govern social distancing, stay-at-home orders and other restrictions which businesses need to comply with. For real estate professionals, depending on your state, this means you may not be physically meeting with yourRead More
Insurance Checklist for Real Estate Professionals: What you need and how to get the most out of your insurance
As a real estate professional, you face risks every day. The best plan of action is to take a proactive approach and manage that risk, rather than being reactive to liability issues that arise. Wouldn’t you rather prevent lawsuits before they happen? What can you do to protect yourself from liability in your real estateRead More
Taking Your Virtual Property Tours to the Next Level
Virtual property tours have been around for a while — but are now more important than ever. Although many real estate professionals (and prospective buyers) may favor in-person showings, the COVID-19 pandemic has disrupted the industry — and the home-buying process. How can you take your virtual property tours to the next level, so youRead More
How to Keep Real Estate Customers Loyal During the Pandemic
As COVID-19 continues to impact the United States, businesses are grappling with how to move forward in this “new normal”. In your real estate business, there are some concrete steps you can take now to stay visible in front of customers and prospects. Stay in Regular Contact with Existing Clients Even with COVID-19 restrictions, thereRead More
How Real Estate Brokers Can Find New Opportunities in a Pandemic
There’s no doubt the COVID-19 pandemic has caused trauma to the United States economy. However, out of crisis also comes some opportunity. Many companies across the country are diversifying their product or service offerings and adapting to the challenges before them. As a real estate broker, you can also adapt your business to find valuableRead More
Is Your Website ADA Compliant? – Better Safe Than Sorry
With the ongoing national Covid-19 crisis, real estate brokers, agents, and property managers are more reliant than ever on the internet as a means of marketing and communication. Websites remain a critical marketing tool for most real estate professionals. ADA (“Americans With Disabilities Act”) website compliance is essential for all businesses, including your real estateRead More
CRES Real Estate E&O Per Transaction Policies
Running a real estate or mortgage brokerage business can be costly, especially in tough economic times like now. When you need to pay real estate Errors and Omissions insurance premiums upfront, this adds financial pressure, which can put a significant strain on cash flow for your business. Yet ,this is how traditional E&O insurance policiesRead More