BEWARE OF SCAMS

Scams happen every day and in every industry. Real Estate is no exception. 

Buyers: If you're in the market for a new home, be wary of online listings that seem too good to be true. Scammers will often advertise properties that don't exist or are already sold. They may ask for a deposit or upfront payment before showing you the property. Never give out your personal or financial information to someone you don't know or trust. Always work with a reputable Real Estate agent who can guide you through the buying process.

Sellers: Scammers will often target homeowners who are eager to sell their property quickly. They may offer to buy your home for cash or promise a quick sale without the need for a Real Estate agent. Always be cautious of unsolicited offers and do your research before accepting any offers. Check the credentials of the buyer and seek legal advice if necessary. Real Estate Agents can help you determine if the offer is good or not and help you navigate the transaction for a fee.

Scammers are constantly coming up with new ways to defraud people in the Real Estate industry. It's important to stay up to date on the latest scams and how to protect yourself. For example, wire fraud is a common scam where hackers intercept wire transfer instructions and redirect funds to their own accounts. Always verify wire transfer instructions with a trusted source before sending any funds.

Scams in Real Estate can cause significant financial loss and emotional distress. It's important to be vigilant and take steps to protect yourself. Always work with reputable professionals, do your research, and trust your instincts. If something seems too good to be true, it probably is. Be aware of scams and take action to avoid them.