Real estate isn’t a simple, straightforward industry. There are laws, rules and regulations involved that require specialized knowledge, particularly for professionals who provide a service to sellers and buyers. Without the right kind of information, buyers, sellers and insiders may not be able to maneuver legal pitfalls successfully. Transactions also tend to be emotionally charged, causing even the smallest mistakes to lead to unnecessary legal cases that involve insignificant actual damages. For legal protection against any complaints by the seller or buyer, professionals in real estate, home inspectors and brokers use e&o.