Newsletter
Vol 01 - Edition 03
 The
Total Protection System Has a 98% Success Rate
Real Estate Risk Management’s Total
Protection System works to resolve disputes without litigation. Our focus is
on prevention. The Total Protection System’s time tested methods
historically resolve 98% of the disputes that could lead to litigation.
During
a dispute, the Real Estate Broker and Agent would normally retain an attorney at
$200 to $400 per hour. However, as a member of our risk management program,
these legal fees and court costs would be paid according to the listed plan
benefits.
When a threat of lawsuit arises, Real Estate
Risk Management pays for additional legal services, which are designed to stop
the threat and eliminate the possibility of a claim on your E&O policy. Real
Estate Risk Management’s average expense to resolve a dispute or threat of suit
is $2,300. The Broker and Agent would have paid this “out of pocket” if they
did not have our coverage.
When the Broker and Agent are named in a
lawsuit, Real Estate Risk Management pays legal bills and court costs to meet
the E&O deductible, up to $10,000 per lawsuit. Our zero deductible
proactive legal defense program provides Real Estate Brokers and Agents with
“Legal Peace of Mind”. Our goal is to help you prosper by keeping you legally
healthy and out of court so that you can continue selling “America’s Dream”.
Why You Need The Total Protection System
The moment you’re named in a lawsuit, you
will lose as
much as two months of productivity and related earnings. There is also the
untold damage to your professional reputation. The California Association of
Realtors Risk Management Institute
estimated that the average Real Estate
Agent will be sued twice during their career.
Because of
California’s litigious climate you may experience “legalized extortion” and
loss of productivity while dealing with clients’ problems and complaints after
the close of escrow. Disputes between the Buyer, Seller and the Agent that go
unresolved can lead to a complaint to the D.R.E. This could result in thousands
of dollars in legal expenses and the possible restriction or revocation of your
Real Estate license.
The
Total Protection System offers:
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Consultation, document review and “Patriot
Missile” letters to eliminate threats.
-
Legal representation for mediation.
-
Consultation and preparation for small
claims court.
-
Representation by our Real Estate
attorney(s) on any matter threatening your Real Estate License.
-
Commission demand letters from a RERM
attorney.
These are just a
few of the benefits available to you as a Real Estate Risk Management client.
In addition, there are benefits available to
your buyers and sellers, including, but not limited to:
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