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Preventing Claims in a Hot Sellers Market, Part 2

Preventing Claims in a Hot Sellers Market, Part 2

CRES Insurance Risk Management Webinar Series · CRES Insurance

October 29, 202225m 51s

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Show Notes

Preventing Claims in a Hot Sellers Market, Part 2

In many markets right now, there’s a limited amount of inventory and surging demand for property. In this “hot seller’s market” with fast-moving properties, real estate professionals face increased risks.

In this webinar, attorney Jim Meseck, from White and Steele, and Dave Miller, who manages the CRES Advantage Home Warranty Program, discuss how real estate professionals can prevent claims in the current market.

This comprehensive and informative webinar covers:

  • How agents can help sellers to avoid accepting multiple offers by mistake

  • Fair Housing claims and how to avoid them

  • Appraisal gaps and how they can lead to doubt and uncertainty

  • Why agents should advise buyers to still go ahead with inspections, even in a competitive market

  • The importance of monitoring deadlines, and being cautious when terminating or extending contracts

  • Why do agents need to remind sellers about their duties and disclosure responsibilities

  • How agents and brokers can manage client expectations

  • Contingent offers

  • Issues when agents change brokerages

  • How the CRES Advantage Plan can protect sellers and add value to your listings

The key to success for brokers in a hot seller’s market is to get listings, close deals, and keep clients happy. Risk management is also essential to prevent claims and protect your real estate business.