Fraud is not always easy to recognize with many fraudulent activities carried out online and difficult to trace. As virtual interactions and transactions increase, it becomes more important for businesses to have a plan in place to stay at least one step ahead of fraudsters. Many industries have adopted tools that aid in identity verification and risk assessment to combat fraud. Real estate should be no different.Real estate transactions have changed over time – from newspaper listings to internet listings, … Continue reading How Real Estate Agents Can Combat Fraud and Mitigate Risk
With the increase in real estate scams, it is important to let customers know the advantages of working with a licensed real estate agent utilizing the FOREWARN app.
Fake internet listings, fake homeowners or sellers, and fake investors, are just some of the reasons working with a real estate agent is an advantage for prospects in avoiding scammers and from potentially losing thousands of dollars.
Fake Online Listings
Fake online listings have become a major problem. … Continue reading Protecting Customers from Real Estate Scams
Last month, the attack on a real estate agent in Encino, California, was brought to light as the incident was caught on camera. While we have all heard stories regarding the increase in attacks on agents, seeing it happen live on video made it very real for many and greatly impacted the agent community. No one wants to go to work afraid, not knowing who they will encounter each day.
The real estate industry needs to make it standard policy for agents to verify the identity of anyone that they do business with. … Continue reading Attacks on Real Estate Agents: Be Prepared
In the real estate community, September is well-known for being Safety Month, a time to bring real estate agent safety issues to the forefront while emphasizing the necessity to be vigilant all year. We sat down with Carl Carter, Founder of the Beverly Carter Foundation, who lost his mother, a real estate agent, at a showing in September 2014. Below is the transcript from our conversation.
Q: Hi Carl. Thanks for taking some time out of your schedule to speak with us and our readers. … Continue reading Real Estate Agent Safety Month: An Interview with Carl Carter