Reduce Your Risk of Being Sued—Tip 6
Tip 6 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 6: Follow pre-established office procedures.
Every real estate office and professional should have a set of pre-established procedures to follow during transactions. Be sure to adhere to your office’s pre-established procedures or checklist to ensure you are maintaining a well-documented file.
Stay tuned for more—we have 6 more risk reduction tips to help you 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, and more. Have you ever been made aware that your office procedures were lacking, or does your office cover its assets by making sure you have easy-to-follow procedures? We’d love to hear from you!
