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What is real estate agents errors and omissions insurance?

April 26, 2017agents errors Insurance omissions Real Estate

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What is real estate agents errors and omissions insurance?

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Real-estate agent E&O insurance covers losses and expenses generated by client claims of error, omission, or negligence during the listing and sale of a residential or commercial property. Failure to negotiate a sale and misrepresentation of a property’s physical condition are the most common causes of suits against real estate agents and realtors.