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First Time Home Buying Scams in Sacramento

By
Real Estate Agent with Elizabeth Anne Weintraub, Broker DRE #00697006

Navigating stuff online has been increasingly complex and it's even harder for a first-time home buyer in Sacramento. They don't know what to believe. They go to Zillow and find listings that are sold, and to Trulia to find listings that are not on the market, and even Realtor.com has some time lags to it so new listings are not immediate.

Yesterday I received an email from what was disguised to look like Realtor.com but was really an outfit in Australia called RealSatisfied. It asked to link reviews to our Nerds number and license number in Realtor.com. It said it sent me the email because I had either asked for it or because I was part of their group, and neither was true. They probably bought the mailing list from Realtor.com.

I had to track down this company and insist they remove my profile, which I did not authorize. I've got enough legitimate stuff going on that I don't need this kind of exposure and risk. And I know what I'm looking at online. I am savvy enough not to click on a bad link, but some day, somewhere, I probably will.

Some of the spam stuff and hacking crap is coming from people disguised as first time home buyers. They write to you and ask for more information. When agents respond, they send an email claiming to be on a honeymoon and coming back to town and would like you to look at a list of homes they are leaning toward, and then include a php link. Agents, don't click on that stuff!!

No wonder it's so tough for first time home buyers when there is this kind of malicious stuff happening all over. Nobody knows who to trust.

You can read more about this in my personal blog today at this link: Sacramento Agents Display Patience for a First-Time Home Buyer.

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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

Comments(6)

Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Hey!  I got an email from these guys, too!  Thanks for the heads up.

Oct 07, 2015 01:19 AM
Elizabeth Weintraub Sacramento Broker

I called NAR and was referred to Realtor.com who said they had never heard of this company.

Oct 07, 2015 04:56 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Elizabeth. That is just what we need is another scam that involves the real estate or mortgage business. Thanks for sharing the info.

Oct 07, 2015 08:29 PM
Elizabeth Weintraub Sacramento Broker

You probably won't get an email from them unless you are an agent who belongs to NAR. The email was titled: Raise your hand if you're a Realtor.

Oct 08, 2015 04:42 AM
James Dray
Fathom Realty - Bentonville, AR

Good morning Elizabeth.  They do have creative thinking in ways to scam everyone.  

Oct 07, 2015 08:35 PM
Elizabeth Weintraub Sacramento Broker

yeah this was really slick too

Oct 08, 2015 04:42 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Elizabeth.  A significant percentage of calls I get are from people looking for phantom listings that either sold years ago or are not on the market.  Some, I will end up working with and supplying hem with accurate information.  While others prefer to search for the elusive non-existing deal for themselves.

Oct 07, 2015 08:56 PM
Elizabeth Weintraub Sacramento Broker

I get those calls and had one yesterday from a buyer who asked if I realized how many preforeclosures are for sale. I almost started laughing because I knew she was looking at the phony listings on Zillow. She was so serious, too, and I don't think she listened when I tried to reason and explain.

Oct 08, 2015 04:43 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth, will it never stop?   Every turn we see a new scam, either for us or the public.  Sad! 

Oct 07, 2015 10:50 PM
Elizabeth Weintraub Sacramento Broker

Just be diligent and the very first thing I look at is is how to unsubscribe. When you scroll to the bottom, you see the company is based in Australia. Yeah, right, mate.

Oct 08, 2015 04:44 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

You are so correct in describing the landscape of home buying in today's world! And, about those scams, they seem to be increasing as time marches along!

Oct 08, 2015 11:36 AM