Have you ever had a con man as a buyer?
Years ago, I had a buyer who asked to see a wonderful vacant exciting home close to our Baltimore Harbor. He was so smooth, he was so confident, and he was a charmer. He tried to assure me there would be a quick settlement; I was waiting for his proof of funds before submitting his full-price cash offer.
Did I mention he was smooth?
In the meantime, this charmer contacted the listing agent and convinced her he had an excellent investment to make her money. He got really 'friendly' with that listing agent by assuring her he could get her a deal with a sure investment. He had her convinced that he would buy her listing.
She was somehow smitten and gave him the keys to this property even before there were signatures, which never happened.
He and a few friends moved in, had a wild party, and did some damage. The agent, trying to place blame, reported me. I had a friendly conversation with the buyer's broker explaining that her agent had made friends with this bogus buyer. She was looking to him for a quick investment. And she gave him the keys for easy access!
Have you dealt with a con man?
Would you like to share your story?
'Con' is short for confidence.
'A con man gains trust and confidence and then can cheat the victim.'
Know your buyers!
Do your research!
Note: Not all con men are male.
Thanks for stopping by Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI,