Client Communications
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 try to be “too helpful” and go outside of the scope of your expertise. A prime example: real estate licensees are ordinarily under no duty to conductRead More
Top 10 Mistakes Real Estate Agents Make That Leave Them Vulnerable to a Lawsuit
As a real estate professional, you want to do everything you can to minimize your risk and protect yourself from potential lawsuits. Here are the top 10 mistakes real estate agents make that leave you vulnerable to a lawsuit. Check out our tips to avoid them. 1. Failure to get everything in writing It’s essentialRead More
Working Closely with Your Real Estate Clients While Apart
The way we work has changed as a result of the pandemic. People who work in industries that have traditionally had a lot of personal contact now must adapt. In the real estate industry, we all know that building a successful career and business is based on building a great rapport with clients, maintaining excellentRead More
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. It does this through providing valuable opportunities for real estate investment, development and tax incentives for investments in specific areas designated as Qualified Opportunity Zones (QOZs). WhatRead More
Managing Foreign Investment Sales
Although foreign buyers only account for a small portion of all home sales in the United States, $74 billion worth of property was sold to foreign buyers from March 2019 – March 2020. According to the National Association of REALTORS® (NAR), the sales included 154,000 properties, and 61% of these were resident foreign buyers*. OnRead More
How to Help Out-of-State Real Estate Buyers During the Pandemic
The Centers for Disease Control and Prevention (CDC) recommends that Americans limit travel at this time, because it can increase the chance of spreading and getting COVID-19. CDC has stated that postponing travel and staying home is the best way to protect yourself and others from contracting the virus. It comes as no surprise then,Read More
8 Ways Your Real Estate Agents Can Improve the Customer Service Experience for Home Sales
As a real estate broker, it’s important to keep your team motivated to provide exceptional customer service to your clients. COVID-19 has brought some unexpected challenges this year, so it’s essential now more than ever to ensure your team has the support they need to do their job effectively. Here are 8 ways your agentsRead More
Know the Risks of Selling Real Estate Property in an Unfamiliar Area
Clients choose a real estate agent based on a number of factors, but one is their knowledge of the area. If you’re selling property in an unfamiliar area, you may miss critical information that could have an impact on a sale or even lead to a lawsuit. If you’re called to sell in an unfamiliarRead 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
CARES Act—5 Tips to Help Your Real Estate Clients
April 1, 2020—As the COVID-19 situation continues to evolve around the world, it continues to affect the real estate industry in a myriad of ways. The recently signed CARES Act has provisions that may help you and your real estate clients through the financial impact of the pandemic. These provisions include recovery benefit payments ofRead More