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Updated about 3 years ago on . Most recent reply

User Stats

7
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3
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Daniel Newman
3
Votes |
7
Posts

Per Transaction E&O Insurance?

Daniel Newman
Posted

Hey guys - I have my real estate broker's license but don't work as an agent (I have a day job that's totally unrelated). I have a close friend that's looking to place an offer on a house and asked me to help, which I'm happy to do. The one caveat is that I don't have E&O insurance given I don't do this full-time. Is there any one-off or flexible E&O insurances that offer solutions for agents in my position who don't do this full-time but still want to help clients on occasion? Thanks in advance!

Most Popular Reply

User Stats

477
Posts
277
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Marian Huish
  • Real Estate Broker
  • DC MD, VA & NV
277
Votes |
477
Posts
Marian Huish
  • Real Estate Broker
  • DC MD, VA & NV
Replied

@Daniel Newman you might want to consider moving your license over to a brokerage that accepts part- time agents. eXp Realty charges $40 per transaction for E&O & only $85 per month for all the training & technology you'll need.

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