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Closing Escrow and Opening Claims

October 2, 2018

Real estate is an industry that truly understands the meaning of highs and lows. When the market is strong, deals are waiting to be made on every corner (literally), revenue growth is abundant, inventory is low, and multiple-offer competition is fierce. When the market is weak or recessed, revenue streams dry up, prices flatten, and, at the worst of times, inventory is abundant. Regardless of the market conditions, real estate brokers and agents face a constant threat of legal liability, and the market’s direction can influence the nature and number of the claims that arise.
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