E&O Insurance
What is Broker Sponsorship for Apartment Locators?
E&O Insurance
Real Estate is inherently a business that is people-focused. Unfortunately, agents sometimes err in making all information as clear or comprehensive as required. These omissions and errors can damage your reputation, your bottom line and success as an agent. As your partner in real estate, we help reduce the potential for costly issues by offering Errors and Omissions (E&O) Insurance.
At Spirit Real Estate Group, we provide E&O Insurance for all of our sponsored agents with coverage up to $1,000,000.
Error and omission insurance is helpful with accusations of:
- Fraud
- Breach of Duty
- Misrepresentation regarding the condition of the property
- Violation of the consumer protection act
- Breach of contract
- Open house and showings damage
- Negligence
- Earnest escrow money disputes
- Misrepresentation regarding a history of water damage
- Misrepresentation regarding property value
- Breach of fiduciary duty
Looking for LLC Broker Sponsorship?
TREC requires that E&O insurance coverage of $1 million is required for LLC’s where the broker owns less than 10%. This is not included in LLC Sponsorship and is the responsibility of the sponsored entity.
Get The Free Information Packet
No Soliciting Please
Areas
Realtors
- Austin
- Dallas/Fort Worth
- Greater Houston
- Greater Tyler
- Lubbock
- Midland-Odessa
- McAllen
- San Antonio
Apartment Locators
- Austin
- Dallas/Fort Worth
- Houston
- San Antonio
"My experience with Spirit Real Estate and broker Bryan Bjerke has completely changed my professional and personal life. Spirit gives me the opportunity to grow independently and build my real estate business, while offering all the systems and support I need to be successful (special shoutout to the invoicing team - they've secured collections on 100% of my transactions). The amount of value you receive as an agent under Spirit is huge, yet the fee structure is extremely competitive. Under Spirit, I've over doubled my income in the past year, all while having more flexibility and freedom to spend time with my family and pursue hobbies like traveling. I'm very grateful to be sponsored here." LinkedIn Profile
“Bryan is amazing! My experience with Spirit Real Estate has been 5 stars across the board.” LinkedIn Profile
"Professional and efficient! Amazing customer service!" LinkedIn Profile
"Spirit is an excellent choice to broker your Real Estate License. Trustworthy and honest with very reasonable fees. You can't go wrong with Spirit Real Estate Group."
LinkedIn Profile
"I am still so impressed with my broker, after going to a healing revival and the majority of people attending, were connected to Spirit in one way or another. I have been blessed beyond anything I could ever imagine" LinkedIn Profile
I have been sponsored by Spirit Real Estate Group for several years and it has been a very good experience. I have had bad experiences in the past, when changing to new brokers, so I was very skeptical. It took me some time to make the decision to switch because of those negative experiences. I found that Bryan is extremely friendly, honest, and upfront about how he runs his brokerage. The systems and processes that he developed for tracking your business are designed with the agent in mind. Because of that, they are user-friendly and are a real time saver. I also pay less of a commission split with Spirit Real Estate Group than ever before in my 11+ years of apartment locating, so I am making more money! They do all the invoicing for you as well! I would definitely recommend making the move to Spirit Real Estate Group. You won't be disappointed. LinkedIn Profile
"Bryan is a very knowledgeable broker, even for some of the most challenging situations. He is easy to reach and provides lots of support. The fees are extremely reasonable and great for agents just starting out."
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