REALTORS®...Are you exposing yourself to excess liability?

The National Association of REALTORS® recently reported on a lawsuit decided by the Texas Court of Appeals that all REALTORS® should pay attention to. In the case, the trial court and appellate court decided that a REALTOR® could be held liable for Misrepresentation and Deception Trade Practices for incorrectly listing a property's square footage on an MLS, that the REALTOR® obtained from the county's appraisal district.

Texas Judiciary Opinion

Many Real Estate professionals rely on town lister cards for to determine the gross living area of their clients properties. Unfortunately, many times these records are inaccurate. If you have attended regular Real Estate seminars or received updates from your governing body, you know very well you and your insurance can be held liable for the error. Some say "well that's why we have insurance", however most Errors & Omissions insurance providers will not go to bat for you if you were deemed negligent. We all know the Insurance providers will look for a way out of paying and a way into raising your premium once you have a claim against you.

We offer measuring services following the American National Standards Institute (ANSI) and our own E&O insurance for you to rely on. Measurements are made to the nearest tenth of a foot by a laser measuring device which is accurate +/-1.0 millimeter or +/-0.04 inches.

Basic Measuring Service~            $69.99  Bundle 3 or more** ~ $49.99*

    Our basic service is a simple gross living area verification with exterior wall sketch property.

Upgraded Measuring Service~    $79.99   Bundle 3 or more** ~ $59.99*

    Includes the basic service plus interior walls, doors and room layouts.

Top level measuring service~    $99.99   Bundle 3 or more** ~ $79.99*

    Includes everything in the mid-level service along with measurements of any outbuildings, decks, porches, patios and wide angle high resolution exterior and interior pictures of every room and amenity.

 

We have associates covering Addison, Caledonia, Chittenden, Essex, Franklin, Grand Isle, Lamoille, Orange, Orleans and Washington counties.

You have enough to worry about....let us worry about the square footage.

 

* Price is per property  ** Distance restrictions apply