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CLAIMPREVENT® BLOG

Karen March

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Property Managers: Rental Scams and How To Avoid Them

Fraudsters are unfortunately taking full advantage of the COVID-19 pandemic. As a real estate professional, you need to keep on top of rental scams and take action to…

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8 Ways Your Real Estate Agents Can Improve the Customer Service Experience for Home Sales

As a real estate broker, it’s important to keep your team motivated to provide exceptional customer service to your clients. COVID-19 has brought some unexpected challenges this year,…

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Know the Risks of Selling Real Estate Property in an Unfamiliar Area

Clients choose a real estate agent based on a number of factors, but one is their knowledge of the area. If you're selling property in an unfamiliar area,…

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How to Avoid Misinterpretations When Working Remotely With Real Estate Clients

The current pandemic has increased the physical distance between all of us to ensure public safety. There are also various state orders that govern social distancing, stay-at-home orders…

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Insurance Checklist for Real Estate Professionals: What you need to run your business

As a real estate professional running a business, you face risks every day. The best plan of action is to take a proactive approach and manage that risk,…

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CRES Real Estate E&O Per Transaction Policies

Running a real estate or mortgage brokerage business can be costly, especially in tough economic times like now. When you need to pay real estate Errors and Omissions…

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Managing Short Sales

Short sales don’t happen every day, but they’re relatively common in real estate. Some sellers who struggle to pay their mortgages will take a lower price for their…

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Avoiding a Conflict of Interest Situation at Your Real Estate Brokerage

Real estate professionals can find themselves facing a lawsuit for any number of reasons. Conflicts of interest situations are one of those reasons -- especially if you have…

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How to Avoid Income Discrimination Lawsuits as a Property Manager

Property managers need to be especially aware of income discrimination situations, especially with new laws in California about rent control and source of income issues. (Be sure to…

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Selling Homes During Extreme Heat Conditions

When the summer home-selling season comes along, it can add risks to your business if you're selling homes during extreme heat conditions.  2019 saw the United States grapple…

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Selling Properties with a Pool or Spa

With the summer months coming, properties with pools and spas can be attractive to buyers. In some states, like California and Florida, they’re almost as standard as bathrooms…

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How to Manage a Downturn in Your Real Estate Business

Whether it’s a recession, an industry bubble bursting, a global pandemic, or some other crisis, the real estate industry is a susceptible market to downturns. Ideally, the time…

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Workers’ Compensation – What It Is and Why You Need It

If you’re a real estate broker managing a team of real estate professionals, you have a duty of care to protect your team. Have you considered what might…

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What Can Property Managers Do When Roommates Fight?

Tenants in different rental units don’t always get along, and sometimes tenant roommates have conflicts as well. Disputes can lead to noise complaints, destruction of property, and physical…

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When to Be Wary of Cash Buyers of Real Estate

Sometimes you may come across wealthy clients that want to pay cash for a property. In the United States, only around 23% of property sales are cash transactions…

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The Latest in Real Estate Phishing Scams and How to Avoid Them

Phishing is growing in popularity among scammers wanting to earn a quick buck at the expense of unsuspecting real estate brokers and agents. Some schemes are so sophisticated…

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When Real Estate Sellers Don’t Want to Disclose — and What Buyers Should Be Wary of

Have you ever encountered a seller who doesn’t want to disclose? In many states, certain things must be disclosed. To facilitate this, states like Colorado have a Real…

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Dealing with Real Estate Clients with Dementia and Alzheimers

According to the Alzheimers Association, one in three seniors dies with Alzheimer’s or dementia. Every 65 seconds, someone in the United States develops the disease. In your real…

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The 5 Most Common Seller Errors That Can Lead to Real Estate Lawsuits

Sellers can find themselves in hot water for any number of reasons, but there are 5 most common seller errors that can lead to lawsuits. Here’s how to…

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Due Diligence Checklist for Your Team for Real Estate Transactions

Due diligence is an important part of any real estate transaction, whether you’re representing the buyer or the seller. When advising clients about due diligence, it’s important your…

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Airbnb and the Impact on Real Estate Sales

Airbnb has transformed the accommodation market and shaken up the property market in the process. The platform currently has 7 million listings worldwide across more than 100,000 cities,…

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Lessons Learned from Real Estate Contract Errors

Copy-and-paste can be a huge time saver in your real estate contract, but if you aren’t careful, it can cause more than a headache.  Recently a CRES-insured broker…

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Managing the Real Estate Buying and Selling Process in Unpredictable Housing Markets

Real estate is a dynamic industry with ever-changing market conditions. This unpredictability brings with it significant risks and many potential issues for real estate professionals. Let’s take a…

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How to Avoid a Real Estate Breach of Duty Claim

As a real estate professional, you face many risks every day in the course of business. Claims for “breach of duty” are just one of those risks. Here’s…

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How to Avoid Client Injuries at Your Office

Client visits are an everyday occurrence for a real estate broker’s office. But what if a client trips or falls at your premises? What happens if something accidentally…

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Should Brokers Complete Note and Deed of Trust?

Have you ever been asked to complete a note and deed of trust? Recently a CRES-insured broker called our CRES ClaimPrevent® Hotline, because he was asked to complete…

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Selling a Home Where Drug Activity Has Occurred

Selling a home where there’s been drug activity can be problematic for any real estate agent. There are potential safety issues for you, your team, and prospective buyers…

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Unescorted Access for Prospective Tenants and Buyers — Is It Just Too Risky?

Real estate is a busy profession and you can’t be everywhere at once. Sometimes it might be tempting to consider unescorted access to prospective tenants and buyers. But,…

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“Business Email Compromise” Attacks – What they are and how you can avoid them

Business Email Compromise (BEC) attacks are on the rise around the world, and every industry is affected. The FBI’s Internet Crime Complaint Centre (IC3) estimates that more than…

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Source of Income Discrimination in California

Under California and federal law, it is illegal for a landlord or residential rental housing provider to discriminate against a person because of the person’s disability, religion, ethnicity,…

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