Want to Get the Best New Listings and Stand Out From the Competition? Get CRES Seller's Protection Plan
When you purchase your own E&O policy from CRES, you and your client can both get reliable Real Estate Errors and Omissions coverage. With the Seller’s Protection Plan (SPP), each homeowner (of a primary residence) who lists with you can get at least $25,000 in home sellers insurance E&O coverage. This protects them in the event that a disgruntled buyer comes back and files a claim after the close.
With a CRES Qualified Home Warranty, you can increase the seller’s E&O coverage up to $50,000.*
- Agent Protection: Uninsured sellers who are sued by buyers often respond by suing their agent. But when they’re protected by our Seller’s E&O Protection Plan, that risk is reduced. Plus, claims against the SPP do not affect your policy or premium.
- Seller Protection: With the SPP, your sellers are covered for up to $25,000 in legal fees and damages should an unknown or undisclosed defect surface within 180 days from closing date (and sellers can extend the term for an additional 180 days).
Set Yourself Apart from the Competition
You can share the benefits of the Seller’s Protection Plan with your clients at your initial listing meeting. Explain that you’ve purchased home sellers E&O insurance coverage to protect them in case something goes wrong after the sale.
This value-added benefit gives you a competitive edge and will help you get more referrals and listings!
Show homeowners that you have their best interests in mind before AND after the sale. Purchase your Real Estate E&O insurance with CRES and offer your clients the benefits of our Seller’s Protection Plan. (Seller’s E&O is included with your base E&O policy in some states, and is an option in other states for a minimal cost.) Your commission on just one additional sale will more than pay for your E&O insurance for the entire year!