Listing Issues

Man in office holding Broker Beware Takeaways sign

Real Estate Broker Beware — Most Common Complaints That Lead to Litigation

If you’re a real estate professional, it’s important you know how to detect and eliminate the most common errors and omissions. In a recent webinar, James M. Meseck, a litigation specialist from White and Steele in Colorado, gives us tips on reducing the most common risks.  He covers the most frequently litigated issues and licensingRead More

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Can You List a Bedroom Without a Closet

Have you ever been at odds with a client about how many bedrooms there are in a house? How many bedrooms you include in a listing matters. More bedrooms can attract buyers and raise the price of the house. They could also get you into hot water for false representation if you over state them.Read More

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Can You List Property in Trust with an Uncooperative Co-owner?

There are benefits of putting a property in trust, but sometimes it can complicate matters—especially when trustees don’t agree. Have you ever had a court assigned listing for a parcel in trust? When all the parties work together, it can be a smooth process. But what happens when one of the trustees doesn’t cooperate? CanRead More

smart home with iphone apps

What Real Estate Agents Need to Know about Smart Homes

With smart home technology on the rise, it’s important for real estate agents to know what’s available and how to showcase it. But, smart technology brings its own set of potential pitfalls.  Here’s what you should  know to protect yourself  and your clients from misrepresentation, malfunction or breech. What is smart home technology? Smart homeRead More

kitchen with virtual furniture on ipad

How to Avoid Real Estate Lawsuits from Virtual Staging

Want quicker sales and higher sales prices? Staging a home might be the ticket, because it helps potential buyers see themselves living in a property. And then there’s virtual staging—using technology to present a property as it could be. Virtual staging has some significant benefits. For starters, it often costs a fraction of the costRead More

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Can Real Estate E&O Save You from Misrepresentation?

Misrepresentation is among the most common claims made against real estate agents. It seems pretty obvious that you shouldn’t misrepresent the property you want to sell, but it isn’t always as simple as that. Let’s look at three kinds of misrepresentation, how they can get you into trouble and how your real estate E&O canRead More

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How to Avoid a Real Estate Lawsuit When MLS Gets Things Wrong

Using a multiple listing service (MLS) has benefits for agents, but what if your MLS gets information wrong? Let’s look at how you can protect yourself from a real estate lawsuit and serve your client in this situation. Recently, we spoke to a broker who uses the MLS in his area. The MLS automatically populatesRead More

woman reviewing real estate listing marketing to avoid real estate lawsuit

Real Estate Listing Marketing — What to Watch for to Avoid a Real Estate Lawsuit

It can’t be stressed enough — getting real estate transaction details in writing is so critical when it comes to documenting a client’s home sale or purchase. Emails, notarized documents, and even text messages (recommended as a last resort) can help to clarify the information you are sharing with a buyer or seller, as wellRead More

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Pocket Listings: Work in Your Client’s Best Interest and Minimize Your Risk

Should you consider a pocket listing? A pocket listing may be appropriate when your client doesn’t want others to know their home is for sale, or when a family may not want to open their house to unknown visitors for personal or security reasons.  For these sellers, the idea of only showing their home toRead More

house keychain in pocket

Pocket Listings: A dying breed or a renewed reality? Is there any benefit, and if so, is it worth the risk?

Though many consider “coming soon” listings to be unlisted properties that will, at some point, be listed on the MLS, in many instances, a “coming soon” listing is never listed on the MLS, much like a pocket listing.  In recent years, the National Association of REALTORS® (NAR) has addressed the growing number of pocket  andRead More

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