Important: As wildfires continue to affect communities throughout Los Angeles County, we are here to help you and your clients. (Read More)

Booming Real Estate Market Could Mean Increased Error Risk for Agents

by | Sep 22, 2021

A real estate agent and realty company are sued for their handling of a $4.6 million home sale in Sarasota, Florida.

 

“With E&O policies, the trigger is a third party claiming financial loss. If a third party lost money or was forced to pay additional funds stemming from an error or omission on the part of a real estate professional, those would be considered E&O claims.” –Melissa Martin, Broker, Professional Liability, Burns & Wilcox, Milwaukee, Wisconsin

 

Featured solution: Real Estate Agents Errors and Omissions Insurance

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As wildfires continue to affect communities throughout Los Angeles County, we want to express our heartfelt support for the residents, first responders, and all those working tirelessly to combat these devastating fires.

We understand the challenges posed by this crisis. If you need assistance or have questions about your client's coverage during this time, the team at Burns & Wilcox is here to help.