Short of marriage or having children, purchasing a home is one of the most emotional decisions families can make. As the real estate broker of that decision, a realtor’s relationship with the buyer can be a very personal one, which can lead to deep gratitude – or to bitter disputes.
Just as home buyers insure their purchase, real estate agents need to safeguard the role they play in the transaction. Real Estate Errors and Omissions (E&O) coverage protects licensed real estate agents and brokers in case they are sued for their performance.