The real estate industry is always changing, bringing new challenges for licensees to navigate. At CRES, we’re committed to keeping you informed about potential risks that could result in a lawsuit and jeopardize your business. Our support doesn’t stop there—we’re here to help you proactively avoid claims and protect what you’ve worked hard to build.
Following is a list of the Top 10 Risk Management posts real estate licensees found most helpful in 2024:
- Real Estate Broker Beware — Most Common Complaints That Lead to Litigation
This webinar covers how to avoid the most common complaints that lead to claims and lawsuits, from septic and solar systems, to failure to disclose on seller’s disclosures, agent-owned property, multiple offers, unpermitted work and more. - Allowable Referrals and Commission Splits in California Real Estate Transactions
How to handle “finder’s fees” to unlicensed individuals, referral fees to licensees, and splitting commissions. - Know Your Potential Liability Before Turning Away Tenants With Section 8 Vouchers
It is illegal in some Florida counties to deny rental applicants because they plan to pay with Section 8 subsidy. Beware of “Testers” Asking. - Can You List a Bedroom Without a Closet
What constitutes a bedroom that can be mentioned in a listing? There may be 6 requirements or more, depending on your zoning. - Everything You Need to Know About Disclaimers for Your Real Estate Business
Here’s how disclaimers can be used to avoid a lawsuit — and how to get your disclaimer wording correct to protect your real estate business. - Does a Low Appraisal Need to Be Shared with the Seller?
The seller often does not generally get a copy of the appraisal, but they can request one. How can you avoid a low appraisal, and what happens if there is a low appraisal? - Dealing with Real Estate Clients with Dementia and Alzheimers
When dealing with clients with reduced mental capacity, you need to be aware of your obligations as a real estate professional, particularly in relation to contracts and transactions. - How to Protect Yourself When Dealing with Close Friends and Family in Your Real Estate Business
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 be aware of. - Selling a Home Where Drug Activity Has Occurred
Selling a home where there’s been drug activity can cause potential safety issues for you, your team, and prospective buyers when you’re showing the home. There’s also the possibility of a lawsuit if a buyer is unaware of the drug activity and finds out after purchasing. - Employees vs Independent Contractors — What Real Estate Brokers Need to Know
Failure to define clear independent contractor relationships can result in you facing a lawsuit from an agent who misunderstands their role within your company.
Ensure you’re covered with superior real estate errors and omissions insurance. CRES has access to more E&O options than just about anyone, and can find you the best coverage for the best price.
