5 Common Real Estate Scam Tactics and How to Avoid Them
AuthorAmanda Dodge. Date:
According to the FBI, more than 11,700 Americans were victims of real estate scams in 2022. These scams varied in size and strategy, but they all managed to take money from people who were trying to buy and sell their homes. Victims lost a combined $397 million and many are still struggling to recoup the funds that they lost. While many people within the real estate industry are trustworthy and eager to help you, there will always be predators looking to take advantage of unsuspecting individuals. Scams can affect people from all income brackets, age ranges, and education levels. If you fall victim to a scam, it does not mean that you are naive or dumb. Instead, it highlights how criminals have to keep working and developing new ways to trick even the most alert targets. One of the best ways to prevent yourself from falling victim to real estate … Continued
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