Being a real estate agent or a property professional can sometimes be very challenging. You do not just look for any property to show to your clients, you have to make sure that the property you present to them is the kind that they really want and specify. You have to know and be very careful when it comes to closing the deal because there are some clients who are really very specific with what they want in a certain property.
If you are not able to meet the set of standards that a client specifies, you may face serious problems especially if that client decides to file a case against you which can be really stressful and costly. There are a lot of agents who have this experience and it has really affected their line of work and their reputation.
Every real estate agent should have professional indemnity insurance. This is very important so you will have someone to turn to in case a client has some complaints. With this insurance, you will be provided the kind of legal assistance that you need. All costs and expenses while the case is going on will be covered so you won’t actually have to worry about your finances. Click here for more information.
Thanks for such an informative post. I wasn't aware of indemnity insurances before. I hope real estate agents are aware of the importance of having a good indemnity insurance.
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