Real Estate Agents are particularly susceptible to scams for a few reasons:
That way you can keep yourself, your brokerage, and your client’s safe!
If you have a listing that looks vacant, the scammer will steal the pictures and put it on facebook marketplace as a rental, collect a deposit/or applicaiton fee from people and then “rent” it out to them while you listing is on the market. A lot of these ads will be posted in other languages so the agent won’t see it easily. Two ways to combat this is with virtual staging or putting a note up at the front door that if this house is only for sale and if you’ve been contacted about a rental that is a scam and you should report it to the police.
Just like the world of real estate is evolving, so is the world of scamming. Always stay vigilant when it comes to protecting yourself and your clients from scammers.
Any scams you’re seeing out there that should be added to our list, comment them at the bottom of this page!