10 Sneaky Real Estate Scams + How to Protect Your Clients (& Yourself)
This article was published by a real estate coach in the US; however, some or all of these may be prevalent here in Ontario, Canada. Primarily written for Realtors, there are some worthy caveats for clients.
Real estate scams cost buyers, sellers, property owners, renters, and real estate professionals upward of a billion dollars every year. And that’s not even the worst of it. Scammers are becoming increasingly sophisticated, harder to catch, and the financial losses caused by real estate scams perpetrated by these criminals are extremely difficult to recover.
The good news? Proactive real estate professionals are getting better at spotting real estate scams and protecting their clients. Check out my recent video that highlights the most common real estate scams you need to know about.
Read on to learn about effective strategies you can use to protect your clients (and yourself) from being duped by some of the sneakiest real estate scams happening now.