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Originally Posted by retiredguy123
What is the premium? It sounds like another ripoff gimmick like the home warranty that benefits the real estate agent more than the homeowner. It will only catch on if the real estate agents promote it to the seller as a way to sell the house and to get kickbacks for themselves.
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The article was unclear but it appeared that the premium was paid by the real estate agent - not the buyer or seller. The article said that the real estate agent should "start advertising that they include a $10,000 insurance policy." Sort of a way to distinguish your agency from another agency.
Just google "Competing realtors can force The Villages into action on out-of-compliance home sales."