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Real Estate Scams and How You Can Avoid Them

Real Estate Scams have been around for decades. But now, we are entering a brand new era in the world of real estate, where people have more access to information than ever before. The upshot is that we know more, are better informed, and are also more skeptical.

Unfortunately, this has led to a rise in scammers in our industry. Real estate scams are nothing new; but what is new is that the internet has provided scammers with far greater access to potential victims, as well as lending them a sheen of respectability and believability.

They’re not going anywhere anytime soon which is why we must be cautious whenever looking to sell or buy real estate. Real Estate Scams are not uncommon, and if you’re not paying attention to all of the details in your transaction, you might fall victim.

How can you protect yourself against Real Estate Scams?

In this episode, we discuss a number of Real Estate Scams that you should watch for, including:

1.   Wire fraud

2.   Loan Modifications

3.   Up Front Money

4.   Guarantees

5.   Cash Buyer Direct Sales

6.   Rental Scams

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

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