Real Estate Scams: What Buyers and Sellers Need to Know
About this episode
This episode discusses the latest real estate scams and how buyers and sellers can protect themselves.
This week on Real Estate Today, we take a closer look at the latest real estate fraud trends, the red flags buyers and sellers cannot afford to miss, and how scammers are using new technology to target transactions. With 1 in 5 homeowners reporting they have received a fraudulent message before closing, understanding how these scams work has never been more important. Hear from homeowner Raegan Bartlo, who shares her experience of losing a $255,000 down payment in a real estate wire fraud scam. Tom Cronkright, REALTOR® and founder of CertifID, explains how artificial intelligence is making these scams harder to detect and what steps consumers can take to stay protected. Levi Rodgers, REALTOR® from San Antonio, also joins us to break down five growing real estate scams to watch for and how he is helping keep his clients safe.
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