To be a great real estate agent, you should be focused on two things: being a successful agent, and the happiness of your clients. To do this, you have to be aware of the various risks that you or your clients may encounter.
Save All of Your Documents
In most states, real estate agents are required to save all documents pertaining to their clients for six years. These documents include everything from financial statements to legal documents. By keeping the documents, you are ensuring protection for yourself should a situation arise.
If you receive an email from a client, save it as a PDF or print a hard copy. Keeping these forms of communication can ensure your preparedness as a real estate agent should something come up that requires you have these documents handy.
There are different ways to store your documents securely. Saving all documents as a hard copy file is great, but there are ways to digitally back up your documents and password-protect them. Saving the documents as a PDF is simple, secure, and prevents clutter in your office. Should you decide to save all of your documents from your clients, create a folder and save them in chronological order, if possible.
Mortgage Fraud
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