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CLAIMPREVENT® BLOG

Karen March

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Effective Strategies to Avoid Real Estate Claims in Texas

 *Clips & References "He just died last night" video clip. Adam Mckay, Jon Brion, Hal Willner & Bruce Fowler, R. G. (2008) STEP BROTHERS. USA. If you’re…

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How to Handle Negative Online Reviews For Your Brokerage

According to the Pew Research Center, 85% of Americans go online daily. That percentage includes 31% of people who report they’re online almost constantly and 48% who say…

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Selling a ‘Stigmatized’ Property

According to the NAR, a ‘stigmatized’ property is a place that has been ‘psychologically impacted by an event which occurred or was suspected to have occurred’. It’s where…

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What Is a Subpoena when issued to a Real Estate Licensee?

A subpoena is an order issued by either an attorney, court clerk or a judge. Subpoenas in real estate are used to obtain records and information from people…

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How to Help Your Real Estate Clients Avoid Deed Fraud and Scams

Deed fraud is on the rise, and real estate agents must be vigilant to help clients avoid these increasingly sophisticated scams.  What is Deed Fraud? It typically involves…

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5 Tips to Create an Effective Risk Management Framework for Your Brokerage

Every small business can benefit from having a risk management framework in place to minimize risk, liability and lawsuits. But for real estate brokers, it’s truly essential to…

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6 Pitfalls When Selling Homes That Need to be Demolished

Selling homes that need to be demolished can be challenging for real estate agents. There are safety issues and other potential risks to consider. If you want to…

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How To Prevent a Ransomware Attack

Your real estate brokerage, mortgage brokerage, property management company, or appraisal company is dependent upon electronics to function on a day-to- day basis from emails, online research, electronic…

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CRES Risk Management Webinar: Risks to Real Estate Licensees Representing Sellers When Low Inventory

Risks to Real Estate Agents Representing Sellers When Low Inventory | RSS.com There are extremely low inventory levels for housing across multiple states right now. A significant portion…

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CRES Risk Management Webinar: Possible Pitfalls of Real Estate Whisper Listings

CRES ClaimPrevent® Webinar: Possible Pitfalls of Real Estate Whisper Listings [Nevada] | RSS.com Given the current Seller’s market and scarcity of homes for sale, office- exclusive listings (also…

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6 Tips to Deal With Cluttered Properties and Minimize Your Risks

Clutter is a problem for 50% of Americans who say they’re overwhelmed with it. Clutter can mean a garage you can’t use for a car, money wasted on…

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California’s Home Hardening Fire Disclosure Law

The State of California enacted legislation on 2019 effecting homeowners beginning January 1, 2020 who place their homes on the market to sell. Any seller after construction of…

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CRES Risk Management Webinar: Escalation Clauses, Appraisal Addendums, and More

Preventing Claims in a Hot Sellers Market, Part 2 | RSS.com In a hot seller’s market, there are increased risks for real estate professionals. And we’ve uncovered more…

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CRES Risk Management Webinar: Owner Licensing for Long-Term Rentals – Denver County

Owner Licensing for Long-Term Rentals – Denver County | RSS.com Denver City Council recently passed a new bill that imposes licensing restrictions on long-term rental property owners. In…

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How to Sell Property Where Squatters Have Lived and Reduce Your Risks

Squatting is the unauthorized use of a property. It’s trespassing without the permission of the landowner, and usually over a significant period of time.  If you’re a real…

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CRES Risk Management Webinar: Contingencies, Multiple Offers, Deadlines, and More — Preventing Claims in a Hot Real Estate Seller’s Market

  Preventing Real Estate Claims in a Hot Seller’s Market, Part 1 | RSS.com In many markets right now, there's a limited amount of inventory and a surging…

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How to Support New and Inexperienced Real Estate Licensees to Minimize Risk Exposure

In 2020, 17% of all real estate licensees had less than one year of experience, according to the NAR. You have to start somewhere, and recruiting and training…

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Updated Guidelines in California for Real Estate Open Houses – May 2021

On May 12, 2021, the California Dept. of Public Health (CDPH) updated its guidance on open houses to allow in-person showings of properties, such as open houses.  The guidance…

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Selling a Home with an Above-Ground Pool

Swimming pools are becoming more popular as families look for recreational activities in their own backyard. Since the pandemic, orders for pools have skyrocketed in the United States,…

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Denver City Council Bill 21-420 Effect on the Real Estate Market

Recently, the Denver City Council passed Bill 21-0420, which imposes licensing requirements on property owners offering long-term rentals within Denver County. The City Council’s passage of Bill 21-0420…

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Dealing with Transaction Coordinators

If you’re a busy real estate agent juggling many listings, you may feel overwhelmed by all the complex legal paperwork that comes with transactions. A Transaction Coordinator can…

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6 Compliance Items to Review to Protect Your Real Estate Brokerage This Year

Now that 2021 is well underway, it’s a good time to review any risks and vulnerabilities within your business. Here are 6 things that every broker should review…

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Proper Screening of Tenant Applicants in California by a Landlord or Property Manager

A landlord or his or her property manager in California at most can charge a potential tenant fifty- dollars and ninety-four cents ($50.94) as an application fee where…

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Pitfalls for Colorado Brokers in a Seller’s Real Estate Market

Colorado is experiencing unprecedented market conditions that favor sellers of real property. The heavily favorable sellers’ real estate market is due to a combination of factors, including the…

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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…

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CRES Risk Management Webinar: Understanding Obligations and E&O Issues for Real Estate Brokers

In this webinar, Mark Carlson, attorney from Carlson Law Group and Dave Miller, Regional Vice-President with Fidelity National Home Warranty, discuss real estate broker obligations. They provide valuable…

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Tips and Pointers for Professional Property Managers in Colorado

1. Property Manager experience: The leasing and management of real estate for a fee or compensation requires a real estate broker license and must be conducted through a…

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California Escrow Risk Management Protocols

Over the years, I have seen an increase in claims and litigation arising out of the way an escrow was handled ranging from wire fraud transfer of funds,…

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Real Estate Brokers: How to Communicate With Your Agents About Seller’s E&O

As a real estate professional, you know the importance of errors and omissions (E&O) insurance. It’s professional liability insurance that protects you and your team against potential lawsuits. …

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Selling Real Estate in ‘Qualified Opportunity Zones’ — Tips and Risks

The Qualified Opportunity Zones Program was introduced with the 2017 Tax Cuts and Jobs Act. The program aims to boost economic growth to disadvantaged and ‘economically distressed’ communities…

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7 Tips to Keep Your Agents Motivated During Slow Sales Periods

Real estate is a bustling and busy industry, but sometimes slow sales periods happen. How can you keep your team motivated during quieter times? Here are 7 tips…

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What to Do When Buyers Discover Post-Closing Issues

Everything looked great in the house. You closed. The buyers were happy. And then … they discovered a leaky pipe and a hole in the floor. The buyer…

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Fraud Alert – Seller Carry Back Loan Scams

Fraud Alert #1: Full Price Offer, Minimal Deposit, Large Carryback Be aware of this pattern, typically with residential homes priced from $2 million to $3 million. Here’s how…

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Selling a Home Where There’s an Active Neighbor Dispute

Neighbor disputes are relatively common. From boundary disputes to barking dogs, relationships between neighbors aren’t always on friendly terms. While living with neighbor disputes is problematic for many…

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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…

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The Pitfalls of Failing to Disclose in Real Estate: a CRES Risk Management Video Webinar

    The Pitfalls of Failing to Disclose | RSS.com The majority of real estate E&O lawsuits are a result of failures to disclose. In this webinar, Mark…

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