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Real Estate Agent Risk Management
Risk management is an important element of being a real estate agent.
If you are a new real estate agent you are a walking, talking liability.  Even if you have years of experience under your belt you know how much liability is attached to the job.  Not only does the job have a great deal of liability, but as real estate agents, we are an easy target.
When the transaction takes a turn or begins to go south, it’s easy for the wronged party to point the finger at the agent.  You'll hear that their agent didn’t tell them “a, b or c.”  Or their agent told them “x, y or z.”  Which may or may not be true.
When you first got your real estate license you probably had no idea how much liability was associated with being an agent.
Here's what you need to understand to reduce your risk and liability.
It's Not PersonalAs agents, we need to understand our role and not take it personally when a client or another agent points the finger in our direction.
Instead, we need to do a better job of educating our clients and have systems in place so we are able to consistently deliver a high level ... more

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