06-24-2007, 03:26 PM
quote:
John, if that lawsuit is settled I would like to read the summary of it. What Court and when was it.
Pua`a
S. FL
Big Islander to be.
The lawsuit was final and written up in the REALTOR magazine a few issues back. Sorry, I do not have the copy anymore, maybe John Dirgo still has it. I certainly feel sorry for the real estate agent since she really was trying to help her client. Apparently, when the lawyers take over the intention doesn't matter anymore. They sue everybody they can, even the janitor!
My company has E&O insurance provided by CALSURANCE and our policy forbids the agents to be part of the home inspection. They even provided us with an Addendum/Form that our Buyer clients have to sign. It advises the Buyer to have an inspection done by a Certified Home Inspectior (home inspectors are not licensed) and that the real estate agents are not trained and qualified to do inspections. We have to obey their rules, otherwise we lose coverage.
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB
http://www.JohnRabi.com
Typically Tropical Properties
Edited by - John S. Rabi on 06/24/2007 19:55:38