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Eyes Wide Open

By
Real Estate Agent with Transaction Alliance 513.520.5305 www.LizTour.com SAL.2002007747

 

eyes open

I'd love to believe that everyone is on the up and up and I could always trust them, but that would be foolish. 

The evidence is in front of us, sometime in a really apparent fashion if we're just willing to keep our eyes wide open.

 

Case #1:  There are a few things that come through my email that pique my attention.  An email that includes "Referral" in the subject line is sure to catch my eye!

But a closer exam tells me it's a scam.

What agent writes another "Dear Agent"?

Why does the sending email not even remotely like the name of the sending agent?

And a quick Google of the name tells me that while there are agents with that name, they're not in Fairhope, AL as the email signature block.

Yep, I'm not sure what the angle of the scam is, but it can't be good.

 

Case #2:  Cruising through a real estate Facebook group at agent was asking about some company that would "award"  a "10 Best Agent" type designation.  A logo, a plaque and all an agent has to do is pay the annual fee.  No actual qualifications around transactions completed, customer service reviews or anything else.  Pay the dimes, get the log, advertise to the public how you're a "10 Best Agent" and hope none of them ask any questions.  And the agent's rationalization?  It's just "marketing".

 

Case #3: (and I see this one pretty regularly).  It's the claim to be an expert.  Go in any real estate group and you'll find them.  There to teach you the "secrets" for a mere $799, but ONLY $399 if you act TODAY.  Or go in a referral group any time there's one for your local market.  Watch all the volunteers that claim to be the expert for your turf and hardly do any business at all.  A quick check of their MLS production numbers tells you they've got no business making their claims. 

 

And while I'd rather not think ill of people, "trust but verify" seems to be the mantra for protecting myself and my clients.

Bill of Liz and Bill aka BLiz  

 

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Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of Transaction Alliance
Elizabeth Spear, ABR, Ohio License SAL.2002007747

William (Bill) Spear, Ohio License SAL.2004011109  Kentucky 77938
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EHO
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Liz Direct: 513-265-3004     
Fax: 866-302-8418

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Comments(19)

Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Liz & Bill - I've pretty much dropped the "trust" part and gone straight to verify! I've seen everyone of those mentioned and so many more...unfortunately I'm to the point of calling the apparent sender if it looks like someone I might know just to double check. Scammers have added much wasteful time to my day.

Dec 17, 2018 04:11 PM
Liz and Bill Spear

I had a caller the other day pretending to be from a local sheriff's department.  I had arrest warrants for failure to appear for jury duty.  Just needed to come in and pay cash to a kiosk at the jail.....just another day in scammer's paradise.

Dec 17, 2018 04:14 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

 I have walked into too many walls with my eyes wide open and I am suspect to any emails I get now Liz and Bill Spear 🤓

Dec 17, 2018 04:37 PM
Liz and Bill Spear

Emails/Internet, both sources to be skeptical.

Dec 17, 2018 07:25 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

BLiz- it's too easy to become complacent and let our guards down. We have to do our due diligence when there is anyone with their hand out wanting our hard earned money!!! And yes, as much as i love the internet, it has become a verify before you trust world. 

Dec 17, 2018 05:52 PM
Liz and Bill Spear

I'm pretty much in the mode if a source isn't VERY well known and vetted, they're not likely to be seeing a dime from me.

Dec 17, 2018 07:26 PM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Hear ye hear ye -- Liz and Bill Spear it is sad indeed --  email and Phone

Happy Holidays

 

Dec 17, 2018 05:53 PM
Liz and Bill Spear

We have to pay attention to the details.

Dec 17, 2018 07:26 PM
Francine Viola
Coldwell Banker Evergreen Olympic Realty, Olympia WA - Olympia, WA
REALTOR®, In Tune with your Real Estate Needs

It’s funny you mention “trust but verify.”  That has been my mantra lately in dealing with a builder. He’s upset because he feels I don’t trust him.  I trust him but I’m going to still verify it!

Dec 17, 2018 06:04 PM
Liz and Bill Spear

Even builders we trust can make mistakes.  Had one this year build the walls at 8' and were supposed to be 9'.  If they hadn't adequately compensated my buyers that would have been the end of my future dealings with them.

Dec 17, 2018 07:27 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Bill loved this post, funny you mentioned this today, I received an email about including me in the 10 best agents in Beverly Hills..... then I got a private message on FB that for $29 a month I would get coached/motivated etc ... than I got  that referral scam sadly from a person on LinkedIn.... so you are absolutely right, No time for Eyes Wide Shut:) they have to be Open, Endre

Dec 17, 2018 10:40 PM
Liz and Bill Spear

They want to sell us a scam so we can scam the public, I just can't grasp it.  No need to wonder why the trade has public perception issues when we're willing to support those type of activities and just call it "marketing".  Bill

Dec 18, 2018 05:56 AM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Great message Liz and Bill Spear I like researching the source when I receive these emails.  Scams are everywhere, just this morning I came across one on ActiveRain and reported it however it wasn't real estate related but a Russian model ad with link to click on ..... OH NO NO. Eyes wide open.....

Dec 18, 2018 02:29 AM
Liz and Bill Spear

Not sure why those folks think AR is such a ripe plus to advertise, but there they are.

Dec 18, 2018 05:57 AM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Good morning Liz and Bill Spear, I'm tired of getting these scam calls and text messages, never ends. We have to be extra diligent when replying to emails or answering calls. Great message! 

Dec 18, 2018 05:05 AM
Liz and Bill Spear

I particularly dislike the scam robocalls.  I answer my phone because I do get out of state clients, but I'm quick to hang up as soon as I start hearing those familiar phrases about health care, chronic pain, auto warranty, etc.

Dec 18, 2018 05:58 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

WOW! We are on the same page today, Bill! First, I trust but, verify. There are very few people that I trust to always be 100% honest when it comes to business (and you're one of them). I see the online 'schemes' play out in these groups and it really does make me sick. Most of all, it makes me sad for the consumer - they're getting 2nd rate service because the agent that was recommended happened to be 'popular' in that group - because he/she spends her ENTIRE day there! How does that make one qualified to sell one of the largest investments a referral will ever buy (or sell). OMG, it feels just sleezy, doesn't it?!

Dec 18, 2018 08:21 PM
Liz and Bill Spear

That's the kind of stuff that bothers me.  The intentional misleading of the public under the guise of "marketing".  There needs to be serious verification when we're relying on a referral group for recommendations.  Find the production numbers, look for the reviews, find something to collaborate the recommendations.  I'll waive that when it's someone I know and trust (e.g. you and some others I've now known for a decade) telling my of a good firsthand experience with another agent in the area I need help. 

Dec 18, 2018 08:34 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

                            

                                             Thank you, Liz and Bill

Dec 22, 2018 07:06 PM
Liz and Bill Spear

Thanks for including us!

Dec 23, 2018 04:55 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Bill and Liz. Your post is certainly scary but important. It always goes back to if it looks too good.......Merry Christmas.

Dec 23, 2018 04:51 AM
Liz and Bill Spear

It's a small aspect of the world that we have to deal with.  Merry Christmas to you too!

Dec 23, 2018 04:56 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Bill,

I'm so glad that Kathy Streib featured your post this morning in her "Ah-ha" moments for the week. We are slammed with these emails and texts and its really going past getting annoyed. Trust but verify is becoming Verify..Verify at every turn!!

Dec 23, 2018 06:25 AM
Liz and Bill Spear

Unfortunately that's the case.

Dec 23, 2018 02:06 PM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

I've pretty much gone passed "trust" and "verify" directly to "ignore". 

Dec 23, 2018 11:50 AM
Liz and Bill Spear

I'm pretty quick to the click on the robocallers.

Dec 23, 2018 02:07 PM
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I don’t think a day goes by when I do not get a contact that is scam. Plenty of email scams. Now…even more by cellphone. Especially annoying is the cell phone scam call that is a recording and starts out: “This is our final attempt to talk to you about…”. I wish that was true! They continue to call.

Dec 23, 2018 11:58 AM
Liz and Bill Spear

A whole host of repeating scams to watch for.

Dec 23, 2018 02:07 PM
John Henry, Florida Architect
John Henry Masterworks Design International, Inc. - Orlando, FL
Residential Architect, Luxury Custom Home Design

These are awful.  Quite repugnant.  Thanks for alerting us.  WOW.

Dec 23, 2018 02:30 PM
Liz and Bill Spear

Unfortunately those are all real and "normal" things for me to encounter.

Dec 23, 2018 02:35 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Scams of one sort or another seem to be everywhere these days, and no doubt some fall for them.

Dec 26, 2018 07:55 AM
Liz and Bill Spear

I have to assume they work enough to keep them going.

Dec 29, 2018 08:36 AM
Jan Green - Scottsdale, AZ
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

We are definitely speaking the same language!  I see the same ones.  These folks are definitely not unique from state to state!   It's getting easier to spot scams. 

Dec 26, 2018 08:41 AM
Liz and Bill Spear

Some have gotten rather complicated.

Dec 29, 2018 08:36 AM
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

It is more important now than ever to be cautious when entering into any business situation. Great post. 

Dec 29, 2018 02:33 AM
Liz and Bill Spear

It's too easy for the pretenders.  We have to be skeptical to protect ourselves and clients.

Dec 29, 2018 08:37 AM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

I don't trust anything or anyone anymore...at least not from strangers!

Dec 29, 2018 08:56 AM
Liz and Bill Spear

It's a catch-22.  I have to trust prospective clients (up to a point).  I'll typically do some web search for them to get a feel for what they're like.

Dec 29, 2018 10:37 AM