Agent Owned Property

female and male friends or family discussing real estate deal

How to Protect Yourself When Dealing with Close Friends and Family in Your Real Estate Business

It may seem natural as a real estate agent to want to help a close family member or friend buy or sell a house.  But you should know the potential consequences if you decide to act as a buyer’s or seller’s agent for someone close to you. There are three main risks you should beRead More

male agent shaking hand in front of house

Avoid a Lawsuit as a Dual Agent Selling Your Own Home

You’re ready to sell your house. Good thing you’re a real estate agent. You can represent yourself—and maybe the buyer, too (depending on your state)—streamline the process, and make more money. But before you do, understand the risks of a real estate lawsuit in a dual agent situation when you are selling your own property.Read More

Agent holding keys to agent owned property

Avoid Real Estate E&O Claims Resulting From Agent-Owned Property Sales

Real estate professionals have an inside track when it comes to buying and selling real estate for their own interest or investment purposes. However, these Agent-Owned Property transactions can create risks that aren’t covered by real estate E&O insurance, leaving agents responsible for costly E&O claims and lawsuits. So how can you reduce your riskRead More

Business man holding glass house

All in the family? Make sure you’re covered with an AOP endorsement

As a licensed real estate agent or broker, you are a seasoned professional when it comes to buying and selling properties for others. But when it’s your own property (or that of a family member), the perspective of many insurance policies and courts changes. Suddenly the familiar landscape of buying and selling is different whenRead More

Realtors®, give your sellers up to $50,000 in E&O coverage with a CRES Home Warranty from First American to better… Real estate professionals, are you not physically meeting with some or all of your clients right now? Here are some…