For many people and businesses, buying or selling real estate is one of the largest financial transactions they will ever make. They look to real estate agents to guide them, and it gets complicated with a property market in flux, emotional investment in properties and the complex financial & legal documents involved.
Anyone of those things could trip you up – even by accident or oversight. In that case, clients might suffer a financial loss, and want to sue, and if you are uninsured, that could cost you your business. If you are a director, even your home.