realtor due diligence: Home Buyer and Seller Seeking Professional Realtor Advice - 11/15/09 10:34 AM
Home buyers and sellers often rely on thier hired Realtor to provide real estate transaction advice based on the Realtor's professional knowledge and experience. Here's a Realtor question for consideration.
In many states, Home inspectors are not required to carry errors & omission insurance or general liability insurance. Should a professional Realtor advise thier Buyer clients to hire an inspector that carries both types of insurance and their Seller clients not to allow an uninsured home inspector into thier home? Do you provide such advice? Why or why not?
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realtor due diligence: Can a home inspection be too thorough? - 10/29/08 07:35 AM
I want to throw this out there to the real estate blogosphere for debate. I know there is an obvious safe answer. However, I also know there is a range of passionate opinions from "you can never have a thorough enough inspection" to "omg, this is overkill".
I'm interested in seeing specific opinions with reasoning along this range. I'm hoping it will be enlightening and help understand where people may be coming from in their various perspectives. This, in turn helps improve communication. I believe this is not just a home inspector challenge, but that Realtors run into this challenge of … (8 comments)
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realtor due diligence: Realtor Liability: Inspection Protection or Risk - 12/12/07 08:51 PM
As a Realtor, how well have you really considered the liability you're exposed to in your business?
Do you know someone that's been sued, settled out of court or compensated someone else to avoid legal action, lawyer expense and negative publicity? Have you encountered a situation that made you think "that could've been me" or "that situation could have gone really bad?"
How often have these situations involved hidden surprises in the condition of a home, inaccurate or misunderstood disclosure or even a client's false expectations in their purchase?
Consider this, the NAR(1) biennial 2005 Legal Scan is a systematic collection of information … (9 comments)
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