Home Inspections & Warranties
The Value of CRES Partners: Why Home Warranties Can Reduce Your Claims and E&O Costs
Did you know an overwhelming majority — somewhere between 95%–98%— of real estate errors and omissions (E&O) lawsuits are filed by buyers suing sellers? The bulk of these…
Real Estate Licensees Still Need the Protection of a Home Warranty
Low interest rates and even lower inventory has created a strong real estate sellers’ market. Sellers listing their properties for sale are receiving multiple offers ̶ and frequently…
How Real Estate Licensees Should Properly Conduct a Visual Inspection Before Listing a Property
Real estate licensees aren’t required to do a professional building inspection for your listings. But your state (for example, California) may require you to do a ‘visual inspection’…
Chinese Dry Wall
Homes in the U.S. built after 2004, primarily in the Southeast, may have used Chinese Drywall. The affect Drywall is said to emit volatile gases that can cause…
Why Real Estate Brokers and Licensees Should Not Order Inspections
As a broker, we know you want to be helpful to your clients. You want your team to be helpful too and provide a high level of customer…
When Real Estate Professionals Buy a Home Warranty for a Listing to Seal the Deal
Have a listing that just isn’t moving? Is it an older property? Might it attract first-time buyers? More Real Estate Licensees Purchasing a Home Warranty Plans It’s becoming…
How to Help Your Buyers Avoid Post-Winter Water Damaged Homes
There have been some harsh weather conditions across several states in America this winter, especially in places like Colorado. This not only takes its toll on residents, but…
Home Inspections—Do Real Estate Agents Need to Be There?
Home inspections can add peace of mind for buyers. What is your role as a real estate licensee, beyond recommending an inspection? First, don’t oversell the home inspection…
Septic System E&O Claims Are Climbing: Here’s How to Prevent Them
This article is based on a presentation by Diana Mendez and Jim Meseck, White and Steele; Colorado. The information below is for informational purposes only and references regulations…
Plumbing Problems? How to Avoid a Real Estate E&O Claim
Have you ever been in this situation? The inspection looked good, but it turned out there were major problems that went unnoticed. When the buyers found out, they…
Legal Duties in Residential and Commercial Transactions of a Licensed Real Estate Agent or Broker
Introduction - The Law and Primary Issue California Civil Code section 2079 sets forth the statutory duty of a real estate licensee in the State of California to…
A Real Estate Licensee’s and Seller’s Duty to Disclose All Prior Inspection Reports on a Listed Property
The duty to disclose all that is material affecting price paid or desirability Over the years, I frequently come across risk management inquiries involving whether a seller and…
Home Inspections: Don’t Oversell One to Your Real Estate Clients
Recommending a home inspection company is a helpful and valuable service a real estate agent or broker can perform, however, it can also lead to a real estate…
