Errors & Omissions Insurance 
Subscribe to:
Post Comments (Atom)
Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
Posts
The Bubble Meter Philosophy
The best way to get the housing market thriving again is to drop prices to the point where supply equals demand. Home sellers might not like it, but it's good for buyers and it's great for Realtors.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
My Other Blog
Housing Prices Since 1970
National Housing Sites
Regional Housing Sites
- Bay Area Real Estate Blog
- Boston Bubble
- Burbed (San Francisco)
- DC Home Prices
- Flippers in Trouble (Sacramento)
- Frankly Realty (Virginia)
- Greater Northern VA Housing Bubble Fallout
- Irvine Housing Blog
- New Jersey Real Estate Report
- Patrick.net (San Francisco)
- Portland Housing
- Proffesor Piggington (San Deigo)
- Sacramento Land(ing) Blog
- Seattle Bubble
- SoCal Real Estate Bubble Blog
- Socket Site (San Francisco)
- Vancouver Condo Info
Economic Sites
Iacono Research (ad)
When will inflation-adjusted DC-area housing prices return to pre-bubble levels?
Are housing prices about to experience a double-dip?
How should the U.S. government balance the budget? (Check all that apply.)
What is your political affiliation?
What sparked the housing bubble?
Is the recession over?
Who bears responsibility for the housing bubble? (Check all that apply.)
What is your living situation?
Was subprime lending a cause or an effect of the housing bubble?
Follow Bubble Meter
Bubble Meter Archive
-
▼
2006
(546)
-
▼
October
(30)
- The 22 Million Bubblicious 'Donation'
- Overpriced Sh*tty Condos Sticker
- US Recession Coming Very Soon
- Rowhouses for Sale in Washington, DC
- Bubble Sphere Roundup
- September New Home Sales
- Unsuccessful Condo Projects in Alexandria, VA
- Existing Home Sales
- Letter To The Editor in WashingtonPost
- 'Interesting' Says Mudd Regarding Borrowers Facing...
- David Lereah's New Book
- Realtor Membership Growth Slowing
- Federal Reserve Is Trapped
- BubbleSphere Roundup
- High Cancellation Rates for New Home in the DC Area
- Opinion about Real Estate professionalism
- Condo Ad
- New September MRIS Numbers
- Florida Leads Nation in Foreclosures
- BubbleSphere Roundup
- Pictures from Bubblicious Baltimore
- The Bubblicious Pole
- David Lereah Respond's To Moody's Bubblicious Report
- Realtors Worried About Lawsuits
- Sunshine on The Housing Bubble
- NAR Releases Market-by-Market Home Price Analysis ...
- NYSUN: 'For Real Estate Brokers, Business ‘Has Dro...
- Housing Cheerleader Ad in Washington Post
- What Type of Landing?
- You Tube
-
▼
October
(30)
?
ReplyDeleteWeird post David...
E&O has been around for a long time...
Agents (should) always carry E&O insurance. This is insurance against errors and omissions. It is not insurance against representing the buyer of a home for $500k that a few years later is worth only $300k. Realtors don't carry insurance for this situation because they have no liability in this situation. Real estate agents can't be sued successfully simply because their client loses a whole lot of money. It is the buyer's tough luck.
ReplyDeleteBut it's this weeks 'hot topic' at the NAR site, hence the "Realtors are Worried" tag.
ReplyDelete