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A Lease, A Little Fraud and the FBI

By
Real Estate Broker/Owner with Charlemagne International Properties BRE# 01147470

Charlemagne Int'l Properties listed a lease last week.  We sold our client another property and he decided to keep his current home and list it as a lease.  Easy enough, right?  Wrong!

 

Behind Bars

It seems leases are a very popular targets for the scammers who troll real estate sites searching for new listings and people they can rip off. They copy the info from one site and post it on another with a change in the contact information.  In this case, the culprits found our listing on Zillow and posted it at a much lower rent on Trulia.

 

Needless to say, yesterday was a day from hell.  My phone rang off the hook with good people telling me they knew it was too good to be true, but wanted to alert me my ocean view listing was now being offer $2750 per month below the actual rent amount.  It was nice to confirm most people are basically good. However, a few bad ones can certainly cause a great deal of grief.

 

Trulia was slow to respond, but I did receive an email this morning saying the fraudulent lease ad was removed and a link was given so we can report it to the FBI.  It seems to me Trulia is the one who should file the complaint with the FBI.  How much clout will my one little complaint really carry?

 

 On the other hand, this happens all too often on sites such as Trulia and Zillow.  It seems the phone number given is recognized as part of a scamming organization.  Why on earth are they still allowed to troll real estate sites and create havoc for listing agents?  I'd like to think my listings are secure, or at least the sites will aggressively pursue acts of fraud.  Instead, it is up to me to contact the FBI.  I lost no money, and we caught it before an unsuspecting tenant mailed a cashier's check or a payment to someone's PayPal account, but it did cost me time and aggravation.  

 

I fear my little case will not rank very high on the FBI's list of Most Wanted.  I also fear, the lease stalker is already back to work.  

 

Photo taken by Norma Toering of a stray cat behind bars in Cairo, Egypt 2009.

Comments(11)

Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Hi Norma, that's just one more reason to not like those sites!  I'm sure your day was ruined by this fraud.

Oct 28, 2014 07:25 AM
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Sybil - You got that right!

Oct 28, 2014 07:44 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Norma,  I love the photo.  Too bad that beautiful cat is stray. Like all cats, they deserve a warm and loving home. But, I digress

I would like to see sites like Trulia take a proactive role in preventing such scam.  It's a profit center. They want our listing data but no responsibility for how is it misused.  It does not make them any money.

Of course it took up your time and was frustrating ... you will never recover the time lost ... add it to another one of the many time sucks we deal with in this business.

I'm glad you caught it before any monetary damage was done.

Oct 28, 2014 07:45 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Norma - It seems like big T and Z should take a little more time to check the posting source and take the reporting of problems more seriously.  It's not your job to play enforcement officer on their sites!

Oct 28, 2014 09:08 AM
John Pusa
Glendale, CA

Norma - Lately, scams on leases increasing rapidly. For these reasons, I feel uncomfortable involve in lease transactions.

Oct 28, 2014 10:00 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Norma -- it seems Z, T and, of course, our friend Craig S List are common destinations for these fraudsters.  What a waste of time.

Oct 28, 2014 10:25 AM
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Kathleen - That cat with the piercing green eyes begged for a bite throughout my meal--lots of strays in Cairo.  The other diners thought I was crazy to take pics of the cat, but I, too, love the photo.

FBI report is completed and filed.

Oct 28, 2014 11:21 PM
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Laura - That's the exact thought that passed through my mind as I dealt with the "privilege" of having my listing on their site.

Oct 28, 2014 11:22 PM
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

John - I don't actively seek leases, but I do handle them for my clients if asked.

Oct 28, 2014 11:23 PM
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Michael - Yes, I think those sites need to file the reports rather than leave it up to individual agents.  I'm sure most agents take one look at that FBI questionnaire and say forget it.  On the other hand, if Z,T and CL would filed it would be a fat folder of fraud complaints and might garner some attention from authorities. But what do I know...

Oct 28, 2014 11:27 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

What a nightmare! I never liked the idea of Trulia and Zillow getting too involved in our business. Although slow to respond, I'm glad Trulia took care of it but I still think more investigation has to go on to find out how something like this happened in the first place. Something like this could cause havoc for the listing agent and never should happen in the first place.

Oct 30, 2014 03:04 AM