Even the most diligent real estate agents can get sued, and it happens all the time. But that doesn’t mean you have to panic if you get served. Most lawsuits against real estate agents can be prevented if you are proactive and take steps to protect yourself to avoid the courtroom.
If you’re an agent and find yourself getting sued, contact us today and we’ll be happy to talk to you and point you in the right direction.
The seven most common reasons real estate agents get sued are:
- Breach of Duty
- Breach of Contract
- Failing to Disclose a Property Defect
- Giving Legal Advice
- Not Protecting Client Data
Breach of Duty
Breach of duty means that you fail to do something that is your responsibility to do, and it is one of the most common reasons real estate agents are sued. Because of your expertise and experience, your clients trust you to act in their best interests with honesty and transparency.
Breach of duty claims can be filed for any number of reasons including: [Read more…]