Real Estate Agents- how painful are Natural Hazard Disclosures?

[Richie Thomas]

I'm trying to learn more about the real estate industry by studying for my California real estate license.  I'm currently learning about conveyances and disclosures, specifically the Natural Hazards Disclosure Statement.  In my study materials, I read the following statement:

Based on the above, it seems like the inspection process is both time-consuming to do manually for each of the agent's listed properties, and super-important for the agent to perform correctly from a liability standpoint:

a) If the agent marks "NO" (as in the property does not fall within any of the listed hazard zones) when a "YES" would be more appropriate, the transaction could be cancelled by the buyer due to mis-representation of the property.

b) If the agent marks "YES" when a "NO" may be more appropriate, the buyer may be needlessly scared away and the deal could collapse for no reason.

I'd love the opinions of any real estate agents in this forum on this topic:

1) How much time do you spend on these disclosures for a single transaction, in terms of both due diligence/research/looking up records and also filling out the required disclosure forms?

2) If you multiply this amount of time by the number of transactions you do in a given month, about how much time does the inspection cost you per month?

3) Have you tried any software tools which make this task easier, and how easy/hard were they to use?