DON’T BE YELLOW

Many real estate agents refuse to refer a particular contractor or inspector due to a fear of litigation; instead, they simply let clients know where to find these professionals in the Yellow Pages. However, realty experts point out that agents aren’t immune from litigation by providing Yellow Pages listings. Clients could, for example, select an inspector who neglects to inform them of substantial flaws in a home and ultimately file a lawsuit against the agent for failing to inform them that more experienced inspectors are available. Experts encourage agents to compile a list of the best inspectors and contractors in their area – even asking them to provide fliers spelling out their credentials – and allow clients to choose from those on the list.

Source: Mortgage101.com (07/08/08) Stone, Barry
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