ActiveRain MasterMinds Challenge - August 2011 - Real Estate Scams: How can we prevent them?

By
Real Estate Broker/Owner with Maui Life Homes / Metro Life Homes RS-78439 / BRE #01708344

ActiveRain MasterMinds Challenge - August 2011 - Real Estate Scams:  How can we prevent them?

OK, MasterMind Groups.

Time for you to do what you've done best: Develop the best solutions.

Here is the challenge for August, 2011:

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?

Your team's solutions must be posted HERE on this blog post no later than September 1st, 9pm Pacific Time in order for the team to be assigned the bonus points. 

Also, you must list each team member WITH their headshot in your post as well.

All members of the ActiveRain Mastermind teams who participate by the deadline are guaranteed 1,000 points to each member.

The winning team members will receive points to each member of the winning team.

The winning team for that month will be posted on the 10th of the following month, when the judges scores are released.

All other participants will receive bonus points!

So this months winning team will be posted on September 10th.

But new teams can join the ActiveRain MasterMinds group any time. Normally, if you do not register your team by the 10th of the month, then your team would have to wait until after the 15th to participate in the next months contest.

 

As a reminder, here are the rules:

1. The groups shall me comprised of 6 ActiveRain members

2. At least 3 of the members MUST have RainMaker status.

3. At least one of the 6 members MUST be a new member to ActiveRain that any member of your group has recruited after the 7th of the month your group was formed.

4. There can not be more than one member from the same city in each group

5. Each month on the 15th, the ActiveRain Masterminds will be given a topic come up with a solution for. These topics will include issues which your group will be proposing a solution for, or "outside the box" ways of generating more business in our industry.

6. There will be an independent panel of judges who will score each groups solutions on practicality and creativity

7. Each month there will be a winning group based on the judges scores

8. The winning group's members for that month will receive 3,000 bonus points each

9. All other groups for the month will receive 1,000 bonus points for each member

10. Each group will post ONE blog that month, on the last day of the month with their solution to the topic. It is MANDATORY that each member of the group provide a comment on the group's post as to how they came up with the solution, where the idea came from, why they feel it will work, etc

11. Each member of each group must become a member of the ActiveRain MasterMinds group.

12. The captain of each group will be responsible for posting a link of your group's blog post to the monthly Master post.

You can register individually here: http://activerain.com/groups/ActiveRainMasterMinds

You must put your groups of 6 MasterMinds together yourselves. There are no individual sign-ups.

Here is our outstanding Judges panel for the current 6-month term:

 

 

 

 

Comments (32)

Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Ralph -- this is a good topic this month.  Can't wait to see what my team comes ups with.  I'll put my thinking cap on too -- we want to WIN this month {tossing gauntlet down . . . LOL}

Aug 20, 2011 07:46 AM
Irene Kennedy Realtor® in Northwestern NJ
Weichert - Lopatcong, NJ

Ralph,

I LOVE this topic and regret I had to take a break from participating in the challenges.  Am certain Synergy will have a great post.

Aug 20, 2011 07:54 AM
Lloyd Binen
Certified Realty Services - Saratoga, CA
Silicon Valley Realtor since 1976; 408-373-4411

Ralph,

Preventing Real Estate Scams, huh?  Well that's a good one.  Good luck and let me know the answer when it's figured out, please.

Aug 20, 2011 08:26 AM
Kathy Schowe
California Lifestyle Realty - La Quinta, CA
La Quinta, California 760-333-8886

Ralph,  Thank you for all that you do... not only this Mastermind challenge, but also your 2 Truths and a Lie-- plus all the great posts you do on LA 411.  Your response was right on-- and I want you to know that your efforts are appreciated and valued by many here at AR...especially me!

I also like the fact that some of the comments here are suggestions for future mastermind challenges!  Best,  Kathy

Aug 20, 2011 09:08 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate
Hi Ralph - Mary and I would like to be on a team if you know of any that are in the process of forming.
Aug 20, 2011 11:53 AM
Eric Michael
Remerica Integrity, Realtors®, Northville, MI - Livonia, MI
Metro Detroit Real Estate Professional 734.564.1519

Wow. tough topic if you ask me. We'll get on it though. I'm glad we picked up Debe last month. Seems there's a lot of free agents out there looking for a team all of a sudden :)

Aug 20, 2011 01:23 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Ralph time to put the thinking cap on.  Glad we took a break from short sales :)

Aug 20, 2011 02:01 PM
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Ralph- This will be an interesting topic--thankfully not one I have to deal with often.

Aug 20, 2011 11:35 PM
FN LN
Toronto, ON

Hi Ralph - I look forward to reading the entries at the conclusion of this contest month.

Aug 21, 2011 01:14 AM
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Hi Ralph,  How ironic that your post has been hacked by some online store !  Or is that a " plant " to help underscore your challenge this month ?

Aug 21, 2011 08:07 AM
Lora "Leah" Stern 914-772-4528
Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY
Real Estate Salesperson

Ralph, your efforts are appreciated and not taken for granted.  This month's is indeed a tough challenge.  It's a topic that could easily be broken into three.  We're on it.

Aug 22, 2011 02:24 AM
Norma Wall
North Point Realty - Plano, TX
Broker, Plano, Frisco, Allen, McKinney Texas

Although I'm not in a mastermind group and can't participate, I want to follow this one!  I'm in the middle of a scamer deal on one of my foreclosures right now. Today's scamer is bold, resourceful and vanishes like smoke, with all the $$$ they can extract from an unsuspecting public! Thanks for the efforts. 

Aug 24, 2011 08:21 AM
Catherine Ulrey
Keller Williams Capital City - Salem, OR
Equestrian and Acreage Property Specialist

I am not seeing any group blog posts on here, is this where we submit them?  If so, here is our submission, from "The Equestrians!  We Don't Horse Around!"

http://activerain.com/blogsview/2483428/mastermind-group-real-estate-fraud

Aug 31, 2011 07:05 AM
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News
Aug 31, 2011 11:36 AM
Karen Crowson
Coldwell Banker Residential Brokerage - Rancho Bernardo, CA
Your Agent for Change

Our Gold Standard group submission:

Active Rain Mastermind - Real Estate Scams

Sep 01, 2011 01:32 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
Stacey Smith
Keller Williams Realty - Aliso Viejo, CA
Your Orange County Beach Cities Realtor

Hi Ralph, here is the OC Closers entry for the August Mastermind Challenge Topic.. :)

Sep 04, 2011 07:13 PM
Ralph Gorgoglione
Maui Life Homes / Metro Life Homes - Kihei, HI
Hawaii and California Real Estate (310) 497-9407

Erica,

We had some people on the east coast that were set back by power outages with Hurricane Irene, so we gave them a few extra days this month.

Sep 10, 2011 05:28 PM
Not a real person
San Diego, CA

Hey, Ralph — My inspection today got postponed for lack of utilities so I'll finish reading these and have my results to you by noon today.

Sep 14, 2011 04:57 AM
Catherine Ulrey
Keller Williams Capital City - Salem, OR
Equestrian and Acreage Property Specialist

Is the September topic posted yet? 

Sep 27, 2011 11:18 AM