Fraud, Negligence & Liability

The internet makes managing your finances and running your business significantly faster and more convenient than ever before. On the other hand, because of the always-on, portable nature of today's communications technology, it has also never been simpler for criminals to steal money, disrupt transactions, and cause harm to customers. The very same systems that enable you to access data from any location, handle approvals online, and manage deals from your smartphone are also magnets for clever crooks, many of whom are hidden away in inconspicuous locales. In order to conduct business securely online, you will need to proactively protect sensitive information from hackers, avoid phishing emails and dangerous websites, and educate buyers and sellers on how to identify and avoid con artists who try to steal their money by pretending to be people they trust.

When negotiating a property, filling out disclosure documents, or performing any number of other tasks, the smallest of errors has the potential to result in a claim of fraud or carelessness.

Your responsibility as a real estate agent is to remain on top of every transaction you're involved in and clear the way for your clients to reach a successful close. If, however, something goes wrong — even years after the sale has been finalized — and you have provided misleading information, you may be subject to legal action. This is true despite the fact that serving as the go-to source for information and expert assistance is key to the value you contribute. When negotiating a property, filling out disclosure paperwork, or handling any other component of a purchase, even a seemingly tiny mistake or overlook might possibly lead to a claim of fraud or negligence. Problems of this nature might not only result in monetary losses for your company, but they can also divert your attention away from running your company and tarnish your reputation. Because of this, it is extremely important to be aware of what the law requires of you and when it is OK to say "I don't know."

You can contact us to get more choices