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Nesgroup address: alt.real-estate-agents - Date & Time for the message: Wed, 16 Feb 2005 15:22:42 -0800
/ Author of the message: "Robert Hallsey" |
Title of the message: |
Re: E & O Insurance
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Text of the message: |
"homan4" <homan4@cox.net> wrote: >How do brokers get E&O Insurance in Florida? Do they use the per >transaction charger as a money maker? Does any one have any insight into >this? What happens in other states? In my market (CA), it's common for agents to pay $2,000 per year for E&O. I understand brokers make money on this because THEY aren't paying $2,000 per agent per year. My office charges us $850, which is the actual cost, and we then have to pay $150 per transaction for an E&O supplement that lowers the deductible from $15,000 to $5,000. This supplement is not optional even if we're willing to risk the $15,000. . |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.