| |
Add to del.icio.us
| |
|
|
The ever-increasing complexities of real estate transactions and the rising use of litigation have prompted a need for errors and omissions (E&O) insurance programs to reduce the risk to sales associates and the real estate firms they represent against potential lawsuits. The following items address E&O and professional liability insurance, answering many of the questions REALTORS® may have about how E&O insurance works and how to choose a provider.
|
WHAT'S THE PASSWORD?
|
 - Articles marked with a red Q are provided by ProQuest for NAR members only. Please enter NAR's Proquest password if required.
|
 - Articles marked with the REALTOR® "R" are available on Realtor.org. Your Realtor.org ID and password may be required. |
|
| |
Risk Reduction
Don't get sued by Uncle Joe!, (REALTOR® Magazine, Aug. 2006). 
Calculated risk, (REALTOR® Magazine, Aug. 2006).
Broker toolkit: risk management, (REALTOR® Magazine Online).
Risk management: erect barriers to legal liability, (REALTOR® Magazine, Dec. 2004).
Brokers have more legal liability than they may think, (Realty Times, Dec. 6, 2004).
E & O Insurance Basics
The ins and outs of errors and omissions insurance, (Insurance Journal, July 19, 2004). |
|
Use of E&O Insurance in Real Estate Firms
58% of real estate firms with independent contractor licensees and 29% of firms with salaried licensees offer E&O insurance coverage.
Source: The 2004 National Association of REALTORS® Profile of Real Estate Firms
NEW! 2006 NAR Profile of Real Estate Firms: An Industry Overview
Visit the REALTOR.org Store or call NAR's Information Central at 800-874-6500 to place your order. (Item #186-02-06)
|
| |
Choosing the Right E&O Coverage
E&O Insurance: Are You Covered? Too little coverage, too much, wrong carrier - it's a big deal., (California Real Estate, Apr. 2006).
Show insurers the right stuff, (REALTOR® Magazine, Jan. 2005).
Errors & omissions insurance: The experience of states with mandatory programs for real estate licensees, (Journal of Real Estate Practice and Education, Vol. 8, No. 1, 2005). 
Errors & omissions insurance: A REALTOR'S® guide to choosing the right E&O insurance coverage, (Massachusetts Association of REALTORS®, 2002). |
|
|
| |
Books & Field Guides
| |
|
Books, Videos, Research Reports & More
|
The resources below are available for loan through Information Central. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Central at 800.874.6500 for assistance.
Risk hotline for real estate: learn from actual agent experiences before they happen to you!, (Seattle, OR: Classic Day Publishing, 2005). HD 1375 R22
Real estate agent's field guide: essential insider advice for surviving in a competitive marketplace, (New York, NY: AMACOM, 2004). HD 1382 M365
The digital paper trail in real estate transactions, (Boulder, CO: Real Law Books, Inc., 2002). KF 2024 F86d
|
|
| |
The material on this page is presented by
NAR's Information Central.
Updated Sept. 2006
|
|
|
|
Have an idea for a new Field Guide? Click here to send us your suggestions!
