Claim Prevention & Risk Management

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What real estate brokers should remind their agents about this month: Disaster Preparedness

As a busy real estate broker, managing risk is a critical part of your business. This means you need to provide guidance to your real estate agents about potential risks and how to minimize them. This month’s topic to discuss with your agents is Disaster Preparedness. Disaster preparedness is one of those issues that’s oftenRead More

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The Top 3 Reasons for E&O Claims Against Real Estate Agents

As a real estate professional, you face risks every day in the course of your business. These risks can lead to costly mistakes — with financial implications as well as potential damage to your hard-earned reputation. So it’s a good idea to be aware of the major reasons for E&O claims against real estate agents,Read More

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What Real Estate Brokers Should Remind Their Agents About This Month: VEHICLES

As a real estate broker managing a team, you need to be aware of the risks and liabilities of your business. Vehicles are used frequently in the real estate business, and they are a risk factor. It’s important to be aware of where you stand if one of your team is involved in a vehicleRead More

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Insurance Checklist for Real Estate Offices

Insurance for your real estate office can be confusing due to the liability created by independent contractor real estate licensees. We’re here to make it simple. Here’s what you need to have in addition to real estate Errors and Omissions (E&O) insurance, to protect your assets. Liability and Property Coverage Policies Depending on the sizeRead More

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How to Avoid a Lawsuit When a Real Estate Agent is Injured and Unable To Work

As a real estate agent, being fit and healthy is very much a requirement to keep up with the competition. What happens when an unexpected injury or illness occurs that impacts your ability to do your job? Whether it’s an injury obtained on the job — like slips or falls or a car accident —Read More

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How to Avoid a Lawsuit When Appraising a Home

As an appraiser, you face many risks in different aspects of your business. To make sure you don’t face a lawsuit at the end of a long day appraising properties, it’s important to know what potential “hazards” lie ahead. The Top 3 risks that have the potential to cause issues in your appraisal business are: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

Risks to Avoid When Selling a Vacant Home

You might need to sell a vacant home for any number of reasons — perhaps it’s a newly built home, the seller has already relocated, or maybe it’s a rental and the tenants have just moved out. Of course, vacant homes can take longer to sell. Empty homes can make it difficult for prospective buyersRead More

Representing Divorcing Sellers: What You Need to Know

When a couple decides to divorce, one thing they need to do is make a decision about their home. One option of course is to sell. If you haven’t found yourself in the position of  representing divorcing sellers, there’s a good chance you might. It pays to be clear on what you need to knowRead More

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GDPR and the Impact on Your Real Estate Business

General Data Protection Regulation (hereinafter GDPR) is one of the biggest changes to data security and privacy in Europe in decades. One has probably seen some of the effects of the GDPR in the United States in your own email. For example, companies you opted into long ago asking you to re-subscribe. This begs theRead More

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