Real estate brokers are required to contribute to the Real Estate Indemnity Fund. Affiliated with the OACIQ, the Fund was established to compensate consumers who, in the course of a real estate transaction, become victims of fraud, dishonest tactics or misappropriation of funds. A real estate transaction is complex and it is understandable that buyers and sellers may need reassurance. Doing business with a real estate broker is the first protection that should be taken.
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website for more information: https://www.bdavani.com/buyers..../well-protected-with