federal trade commission: Active Rain Masterminds-Ways To Deal With The Real Estate Scam Of The Day
- 08/31/11 11:34 AM
It seems that in our tightening economy we are hearing more and more about real estate scams. People posing as owners/landlords creating fraudulent leases robbing people of their deposit, even some owners with a foreclosure sale set on their property. And so many of us agents have had our listings hijacked online by people like these. What can we do to help prevent this and protect our consumers? Increase awareness? Mandate paperwork or create additional legislation? What is the solution?
Scams aren’t new phenomena in real estate but they have taken on a new dimension with the increased use of … (24 comments)
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It seems that in our tightening economy we are hearing more and more about real estate scams. People posing as owners/landlords creating fraudulent leases robbing people of their deposit, even some owners with a foreclosure sale set on their property. And so many of us agents have had our listings hijacked online by people like these. What can we do to help prevent this and protect our consumers? Increase awareness? Mandate paperwork or create additional legislation? What is the solution? 
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