Are you asking Sellers to provide a Comprehensive Loss Underwriting Exchange (C.L.U.E) report to the Buyers? Do you think it would be a good idea to do so?

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Marie Story, Broker Associate, Pinecrest (Miami) Specialist (Coldwell Banker - Pinecrest (Miami))

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Rainmaker
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Ajay Pandya

e-Merge Real Estate Unlimited - Columbus, OH

Realtor Ajay Pandya

Yes.

Mar 17, 2018 09:54 PM

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Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

No it is not the norm. I do suggest they get an insurance estimate early on in the process and the insurer will pull one. The seller is to disclose the history on the property so it should be disclosed.

Mar 24, 2015 06:23 AM

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Jack Wickham

Clarksville, TN

Rainmaker
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Cindy Davis

SD Home Source Realty - San Diego, CA

Marie Story - I am seeing CLUE report being used more and more frequently. It doesn't seem like a bad idea.

Mar 24, 2015 05:17 AM

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Eric Kodner

La Pointe, WI

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Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

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No, not something we hear about around here.

Jan 07, 2020 11:12 PM

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Rainmaker
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Tony and Suzanne Marriott, Associate Brokers

Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ

Haven Express @ Keller Williams Arizona Realty

Yes - our contract calls for it...

Aug 03, 2017 05:19 AM

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Rainmaker
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Robert Smith

Preview Properties, PC - http://www.RealEstateMich.com - Brighton, MI

SRES, Search for Homes Brighton-Howell-SE Michigan

I make my listing clients aware of it and I RECOMMEND that my buyer clients write it as a contingency in their PAs. You have to be the property owner to order it, so it would fall to the seller. They are pretty inexpensive. Biggest problem? They only go back 7 years for loss claims.

Mar 24, 2015 10:43 PM

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Rainmaker
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Pete Xavier

Investments to Luxury - Pacific Palisades, CA

Outstanding Agent Referrals-Nationwide

Some insurance agencies would be happy to pull a free report, normally one could also pay $20. For one through a real estate disclosure service. Would not hurt to ask the listing agent for one.

Mar 24, 2015 08:32 PM

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Rainmaker
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Kathleen Luiten

Resort and Second-Home Specialist - Princeville, HI

Kauai Luxury Ocean Home Sales

As a listing agent I've never done a transaction where it was requested. When I represent Buyers I have requested a CLUE.

Mar 24, 2015 10:19 AM

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Eric Kodner

Madeline Island Realty - La Pointe, WI

CRS, Madeline Island Realty, LaPointe, WI 54850 -

I have done this in one instance. The report did not reveal anything problematic in that situation.

Mar 24, 2015 06:55 AM

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Rainmaker
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Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

I haven't required this. I would certainly encourage sellers to provide one if it were a clean report. Though, not necessarily if it had some claims. Though, if I represent buyers, than I would recommend that they ask for one every time.

Mar 24, 2015 05:13 AM

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No it is not the norm. I do suggest they get an insurance estimate early on in the process and the insurer will pull one. The seller is to disclose the history on the property so it should be disclosed.
Marie Story - I am seeing CLUE report being used more and more frequently. It doesn't seem like a bad idea.
I make my listing clients aware of it and I RECOMMEND that my buyer clients write it as a contingency in their PAs. You have to be the property owner to order it, so it would fall to the seller. They are pretty inexpensive. Biggest problem? They only go back 7 years for loss claims.
Some insurance agencies would be happy to pull a free report, normally one could also pay $20. For one through a real estate disclosure service. Would not hurt to ask the listing agent for one.
As a listing agent I've never done a transaction where it was requested. When I represent Buyers I have requested a CLUE.
I have done this in one instance. The report did not reveal anything problematic in that situation.
I haven't required this. I would certainly encourage sellers to provide one if it were a clean report. Though, not necessarily if it had some claims. Though, if I represent buyers, than I would recommend that they ask for one every time.