Picture this: You’ve just been sued by a former client who claims you misrepresented the square footage of their basement. You hired a professional measuring company; there’s no way the measurements were wrong, right?  

And now your mind is filling up with thoughts of going to court and the potential hit to your business reputation. You’re panicking, and you’re not sure what to do next.  

Your very first step should be to reach out to the Real Estate Errors and Omissions Insurance Corporation (REEOIC) of BC. When REALTORS® in BC face litigation, REEOIC is there to provide you with insurance, protection, guidance, and more.  

REEOIC’s Executive Officer Leslie Howatt joined the Critical Path to share more details about how coverage works, free tools all members can take advantage of, how you can protect against common pitfalls that lead to litigation, and a few of REEOIC’s more unique cases.  

Listen below: 

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Missed the last episode? Check out Unlocking affordability through ADUs with Four Pillars’ Larry Traverence and Joseph MacLean.