Yes, we provide Errors and Omissions (E&O) insurance coverage for our agents. The E&O insurance is available at a cost of $50 per transaction. The unique aspect of our E&O insurance policy is that agents do not have to pay any insurance upfront or on a recurring basis. Instead, agents only pay for the insurance on a per-transaction basis.
This "pay as you perform" approach ensures that agents have access to the necessary E&O insurance coverage when they need it, without any significant upfront financial burden. The cost of the E&O insurance is incorporated into the transaction expenses, allowing agents to focus on their real estate deals while having the necessary protection against potential errors and omissions.
By providing E&O insurance on a per-transaction basis, we aim to support our agents in maintaining the highest standards of professionalism and protect them in case of unforeseen circumstances during their real estate transactions.
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