What Do I Need To Know About Liability and E&O Insurance?
Many aspiring Real Estate Brokerage owners hold off on opening a real estate office as they fear liability and lawsuits. The reality is that a properly structured office can reduce liability and lawsuits as well as Errors & Omission Insurance costs. In this episode we discuss E&O insurance: its purposes, costs, and limitations as well as systems and strategies to reduce liability.
In this Free Broker School lesson we tackle the topic of understanding the liability and E&O insurance for real estate office management.
Topics include:
- Protecting yourself
- Buying Insurance
- Understanding what E&O covers and what is does not
- Gross Negligence
- E&O coverage
- Costs
- Agent E&O Fees
Let’s Talk
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FREE BROKER SCHOOL – “Everything you need to know, but no one else will ever teach you!”
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Free Broker School and RIO Genesis are part of RIO Genesis Software Solutions, the industry’s premier Real Estate Brokerage Software.
FreeBrokerSchool.com is a resource to give brokers the advantage in running their offices. Hey – they know how to sell properties well, but they don’t always know all of the ins and outs of running a successful real estate brokerage. These videos are designed to give you the inside scoop from industry leader and success tornado, Mike Krein. You can’t take notes fast enough when he starts giving tips. These videos allow you to watch one nugget topic at a time, digest it and implement it to add to your success.
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