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Question for Real Estate Agents...
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Budjeg11
LIF Adult
Member since 4/11 2644 total posts
Name:
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Question for Real Estate Agents...
Do you pay your own E&O through the company that you work for or does the company pay it or do they not require e&o? If you do have to pay E&O how much is it?
Thanks
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Posted 7/17/13 3:48 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
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Re: Question for Real Estate Agents...
I don't have my own E & O. As an associate broker, I work underneath a broker who is ultimately liable for all of the agents under him (most of whom are licensed sales associates, some are associate brokers like me).
But I don't believe brokers are required to carry E & O by law, so it's up to their discretion if they want it.
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| Posted 7/18/13 12:28 PM |
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kimmaymb20
a year of surprise
Member since 7/09 1119 total posts
Name:
Kimberly
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Question for Real Estate Agents...
I work in the accounting department of one of the RE companies. Our company the agents pay $500 for the year(pro-rate July -June) I think its a 1/3 of what the company has to pay per agent or something like that.
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| Posted 7/18/13 7:15 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Question for Real Estate Agents...
I pay for my own E and O thru my broker
it's about $300 or $350 a year
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| Posted 8/14/13 3:59 PM |
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