Property Management

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Avoid Being Sued for Discrimination by Carefully Following the Fair Housing Act Standards in All Real Estate Advertisements

Realtors®, property managers and leasing agents: you can inadvertently and unintentionally become liable for racial discrimination if you aren’t careful in  advertising for housing, whether in MLS or other publications.      What you may not know about ads and Fair Housing The Fair Housing Act makes housing discrimination based upon race illegal.  You may not realizeRead More

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Understanding COVID-19 Eviction Moratorium Directives and How to Minimize Your Risk as a Property Manager

It’s a challenging time for all real estate professionals with rapidly changing directives due to COVID-19. One of these directives is the moratorium on evictions.  For Property Managers that need to  stay up to speed on the latest updates,here’s what you need to know…  What is the COVID-19 Eviction Moratorium Directive? In September 2020, theRead More

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The Dangers of Legionella: Assessing Safety Risks for Recently Opened Buildings

The National Association of REALTORS® recently warned real estate agents about the risks of Legionella bacteria in recently-opened buildings. It’s a challenge that many property owners and real estate professionals haven’t had to face until this pandemic. But after being closed for many months as a result of COVID-19, some buildings are particularly vulnerable toRead More

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Foreclosures with Tenants — How to Comply with the Law and Minimize Your Risk of a Lawsuit

The National Multifamily Housing Council estimates that around 43 million households or 109 million people are renters in the United States. So it’s likely that  at some stage as a real estate professional, you will come across foreclosure sales with tenants.  Foreclosure sales with tenants are not as straightforward as regular listings. Real estate agentsRead More

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Property Managers: Rental Scams and How To Avoid Them

Fraudsters are unfortunately taking full advantage of the COVID-19 pandemic. As a real estate professional, you need to keep on top of rental scams and take action to protect your listings. Failure to do so can result in serious consequences for your real estate business and your clients. Common Rental Scams When Your Listings GetRead More

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Property Managers: How to Handle Broken Solar on Rental Property

Many homeowners are seeing benefits from installing solar, but does it make sense to add solar panels to a rental unit? Property owners need to consider different options for solar (leased, purchased, community). If they buy, they need to factor in maintenance and upgrades. They also need to think about the upfront cost compared toRead More

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CRES Risk Management Webinar: How to Reduce Property Management Risks in a COVID World

Like many other industries, real estate has been significantly affected by COVID-19. Property management is one area in particular, which is experiencing much pandemic-related change. There’s no doubt the risks are much greater in this current environment, and lawsuits are on the rise.  For many property managers, keeping on top of COVID-related laws and restrictionsRead More

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Tenants Who Cannot Pay Due to COVID-19

The impact of COVID-19 on the world economy is unprecedented. GDP has dropped some 4.8% for the first quarter of 2020, the stock market has taken a hit, businesses are suffering and laying off staff, and unemployment has risen. Those most vulnerable — low-wage employees who don’t get paid if they don’t work — areRead More

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How to Avoid Income Discrimination Lawsuits as a Property Manager

Property managers need to be especially aware of income discrimination situations, especially with new laws in California about rent control and source of income issues. (Be sure to check on specific laws about income discrimination in your state.)  Have you ever had a potential tenant that you worried couldn’t make the rent? How can youRead More

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What Can Property Managers Do When Roommates Fight?

Tenants in different rental units don’t always get along, and sometimes tenant roommates have conflicts as well. Disputes can lead to noise complaints, destruction of property, and physical violence. What’s a property manager to do?  Are Property Managers Their Tenants’ Keeper? Recently, a CRES client called the CRES ClaimPrevent® Hotline, wondering what he should doRead More

Minimize your risks when selling a property where squatters have lived with these tips... Looking for a way to attract more listings? You can offer home sellers their own E&O overage when you provide a CRE…