Reduce Your Risk of Being Sued—Tip 11
Tip 11 of 12 Risk Reduction Techniques for your daily real estate practice
Controlling your Errors & Omissions should be the mission of all real estate professionals. That’s why we’ve compiled a list of 12 risk reduction techniques you can use to minimize your legal liability and maximize your earning potential.
Tip 11: Avoid overstated adjectives.
When discussing, marketing, or otherwise promoting a property, avoid adjectives (such as “renovated”) that could exaggerate improvements to a property. When stating facts about the age or structure of the roof and/or property, be certain the information you are providing is accurate.
Stay tuned—we have just one more risk reduction tip to to post before you have all 12. Pay attention to these important risk avoiding techniques to help in your daily real estate practice! And check out our other blog posts; we have information on risk management training for your agents, using disclosure forms, what to look for in buying an E&O policy, real estate trends, and more. If you have any comments regarding tricky questions customers sometimes ask, please share them below. We’d love to hear from you!
