A recent claim highlights how important it is to have the right checks in place when paying tradies.
A Sydney agency witnessed nearly $1 million being stolen from their trust account.
Australia is one of the most litigious societies in the world and real estate agents are not immune to claims.
There are many risks associated with being a buyers’ agent and there’s often a fine line to tread to stay on the right side of the law.
Professional Indemnity insurer Realcover recently received details of a claim against a property manager.
A recent case serves as a timely reminder to all agents to review their professional indemnity insurance
One real estate agency mistakenly transferred $64,000 after being targeted by an email scam.
Change is constant in real estate, which is why it’s important to regularly review your risk.
Property managers are being warned to be on their guard against email fraud.
Find out how to avoid a claim from incorrect advertising of land size of properties for sale.
An agent found liable for over $3 million had the decision overturned in a Court of Appeal.
REINSW supports the NSW Government’s education and training reform paper.
Realcover is now on Facebook and LinkedIn where you can get free advice, information and latest news.
Running a real estate agency is open to a wide-ranging number of risks, however it’s often forgotten that sometimes the danger can come from your own employees.
The impact of a cyber security breach can be crippling for your business. Don’t make the mistake of thinking it can’t happen to you.
There are an increasing number of reports of tenants regularly sub-letting their spare bedroom or subsidising an overseas trip by renting out the property via Airbnb – all without telling their landlord or property manager.
Indemnity clauses can be an effective tool to use against the risk of a claim.
Realcover explains how to prevent claims being made against you.
Find out how to protect clients from scammers stealing their identity and selling their property.