Risk Management

In an era when "You've been sued" is as common as "You've got mail" brokers and agents are always looking for ways to minimize the risk of a lawsuit.

We all know that the best way to avoid the cost and interruption in your life and business that is litigation, is to create, and use, risk management protocols. "Yeah, sure," you say, "but they're too much bother." We hear you.

HLF's team of attorneys know the business of real estate, as well as the laws and regulations governing real estate practitioners. We've "been there, and done that." And because we've sat in your chair and done what you do, we've also been able to develop risk management systems and tools that minimize a broker's legal risks - and at the same time the minimize interruptions and mountains of paperwork that go along with "best practices."

"Minimize" we said; not "eliminate." Like a good diet and exercise, good risk management exercises are things that have to be incorporated into the very fiber of a real estate brokerage business to be effective. But, there are times when even "best practices" fail.

That's why a broker needs additional protection.

HLF has an alliance with Real Estate Risk Management, Inc, a company that has been providing supplemental protection to real estate brokers and agents for over 20 years. RERM's Total Protection Plan allows its subscribers access to an HLF attorney for risk management questions. Like the California Association of Realtor's "hot line" - the RERM TPP program provides access to attorneys - unlike CAR's lawyers however, the RERM attorneys can --and do - give legal advice to the subscribers, not just recitations of the law. (CAR isn't a law firm, and can not give legal advice, and all CAR members could not be "clients" of CAR even if it were a law firm, the law of conflicts of interest would prevent that.)

As a subscriber to RERM's Total Protection Plan, a broker and his/her agents get access to HLF's risk management tools, our videotaped seminars, our proprietary forms and advisories, all at a low per-transaction cost, paid out of escrow. It's a system that has worked for thousands of RERM's clients. It could work for you too.

For more information, visit Real Estate Risk Management, Inc.: www.RERM.com

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