NEW SCAM – BE WARY!
A Maine real estate agency reports that a REALTOR® received a “Priority Mail” special delivery at their home. The mailing included a check for $1,800 from a real estate related company (condominium association). Upon further investigation, the letter was mailed from Los Angeles and the check is issued by an entity in Arizona and Florida. The agency tracked down the persons who are listed on the check and determined that their names are being used fraudulently in an attempt to gain access to banking account information of the depositor. Be cautious. Do not deposit or cash unsolicited checks that you or your agency is not expecting to receive.
FRAUDULENT SELLER SCAMS
RED FLAGS INFOGRAPHIC:
Review this infographic and share it with your colleagues. This week’s fraudulent sellers were targeting a property in Boothbay.
For prospective sellers who are not physically located near you/the property, ask them to Zoom, Google Meet, Facetime with you for a first meeting – and ask them to show their identification on the screen. While scammers may also have fraudulent identification, they are likely to be unwilling to show their face on a screen. You can use a phrase like, “it’s our office protocol for new customers and clients”. If they’re unwilling, likely a red flag. It is not enough to receive identification via email since scammers are using fake passports and/or drivers licenses.
For potential sellers who are nearby, always schedule first meetings with customers/clients in the office, verify their identity (take a photo of their driver’s license), and introduce them to a colleague.
|