Suing a Real Estate Agent

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Most Common Real Estate Issues

What Are Real Estate Agents?

If you are buying or selling real property, chances are you are working with a real estate agent. A real estate agent is a person who is licensed to sell and rent out real property for clients. The real estate professional must be educated in real estate matters and pass a state board licensing exam that varies from state to state. A real estate agent is often used interchangeably with salespeople and brokers. Nevertheless, they technically refer to real estate salespeople. As a salesperson, they pass a less rigorous exam than brokers and must work with a brokerage as opposed to a broker who can work alone.

Common Lawsuits Against Real Estate Agents

Since real estate agents deal with the sale and purchase of real property, they are particularly vulnerable to lawsuits. Below are a number of common lawsuits against real estate agents.

Legal Remedies in a Real Estate Lawsuit

In the majority of real estate lawsuits, a court of law will award monetary damages to a plaintiff who has been wronged by a real estate agent. The monetary award can include lost finances like down payments, filing fees, and other costs.

Should I Hire a Lawyer?

If you have been wronged by a real estate agent, hiring a real estate attorney can help you navigate through the complex legal issues and achieve a favorable result. Moreover, hiring a real estate attorney at the beginning of a transaction can help prevent conflicts during negotiations and closing.

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Last Modified: 06-16-2017 01:33 PM PDT

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