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Real estate industry

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Proper coverage is critical

Article Abstract:

Professional liability insurance is vital to real estate agents. In one case discussed, one real estate agent was covered because he notified his insurer as soon as buyers complained that he should have insisted on an engineer's inspection of cracks in a homes basement; in another case, the insurer covered an initial claim of negligence, but the seller continued to sue, causing the agent to incur significant legal fees.

Author: Frascona, Oliver
Publisher: National Association of Realtors
Publication Name: Realtor Magazine
Subject: Real estate industry
ISSN: 1522-0842
Year: 2003
Financial management, Direct Property and Casualty Insurance Carriers, Surety insurance, Malpractice Insurance, Insurance

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Portfolio partners: brothers build business, retirement nest eggs by co-investing

Article Abstract:

Ted Federer and his brothers, John and Jim, have combined their equity investment with a business of buying and managing properties for private investors, which would facilitate their retirement plans by making them financially stable. Trident Group Ltd., which is owned by the three brothers deals in small office buildings, multifamily units and other commercial properties.

Author: Evans, Mariwyn
Publisher: National Association of Realtors
Publication Name: Realtor Magazine
Subject: Real estate industry
ISSN: 1522-0842
Year: 2003
Management dynamics, Management, Company business management

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Subjects list: United States, Real estate agents, Real estate industry, Real estate agents and brokers
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