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.
- Protecting yourself
- Buying Insurance
- Understanding what E&O covers and what is does not
- Gross Negligence
- E&O coverage
- Agent E&O Fees
Do you have additional questions on this topic or want us to start a new discussion for FREE Broker School? Join the #freebrokerschool conversation – Leave your comments right here on our blog and continue the conversation. We want you to have any real estate tools you need at your disposal.
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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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