Admin

Answers

Rainmaker
797,531
Peter Testa
Kiwi Homes - Danbury, CT
PETER TESTA

I see rental fraud ads on craigslist & they usually are advertising something for way less than it goes for, like others here said, if it's too good to be true beware. 

Oct 23, 2016 09:20 PM
Ambassador
2,743,725
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Bounced deposit check.

Oct 23, 2016 12:02 PM
Rainmaker
5,518,293
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Bingo Fred Griffin !

Oct 23, 2016 12:12 PM
Ambassador
3,767,618
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

This assumes that real estate fraud is rampant, which I don't think it is.  A lot of the time the agents or the clients are flakey, but usually not criminals.

Oct 23, 2016 12:10 PM
Rainmaker
1,713,581
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Trust your gut instinct, if it smells to you do more due diligence.

Oct 23, 2016 12:15 PM
Rainmaker
3,075,667
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Fred Griffin nailed this one!

Oct 24, 2016 12:33 AM
Rainmaker
1,774,968
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Please read Chaper 5, paragraph 8.

Oct 23, 2016 10:18 PM
Rainmaker
1,157,847
FN LN
Toronto, ON

See my previous responses to this question which has been asked by others.

Oct 23, 2016 08:35 PM
Rainmaker
4,273,381
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

If something tells you something that is to good to be true but won't put it on paper.

Oct 23, 2016 04:44 PM
Rainmaker
4,323,500
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Candida Torralvo - when you feel something is not right, it's the time! Verify everything and go ahead.

Oct 23, 2016 03:54 PM
Rainmaker
1,282,830
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Anything sounds to real to be true. Ask for proof, documentation

Oct 23, 2016 01:19 PM
Rainmaker
1,231,903
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

If it sounds too good it just might be fraud.  Be cautious.

Oct 23, 2016 12:14 PM
Rainmaker
4,908,817
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

You need to find a virtual study buddy or use the search function in this forum to see the responses previously given as this question has been asked and answered so many times.  As Patricia Kennedy responded -- this is a rare occurrence.   

Study hard.  Take lots of practice tests.  Good luck with your license examination. 

 

 

Oct 23, 2016 11:49 PM
Rainmaker
4,434,277
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You will know it when you come across. Always be honest .

Oct 23, 2016 11:39 PM
Rainmaker
5,738,887
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Bounced earnest money deposit. Seller refusal to return a deposit when buyer was entitled!

Oct 23, 2016 11:23 PM
Rainmaker
2,928,470
Richard (richie) Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Any type of double talk or weak contact for large transaction can be suspect

Oct 23, 2016 11:14 PM
Rainmaker
1,466,267
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Candida Torralvo Bait and switch

Oct 23, 2016 11:10 PM
Rainmaker
3,417,825
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

The best medicine is preventative medicine that starts with hiring reputable and well experienced agent who can walk the client through each step of the buying or selling process to avoid those situations

Oct 23, 2016 10:41 PM
Rainmaker
5,586,590
Barbara Todaro
Retired...Mentoring Newbies - Franklin, MA
Previously Affiliated with The Todaro Team

I've never experienced anything fraudulent.... and you probably won't either!

Oct 23, 2016 10:09 PM
Rainmaker
5,277,454
Richard Weeks
Dallas, TX
REALTOR®, Broker

Soft seconds, and offering a significant amount over list price.

Oct 23, 2016 10:03 PM
Rainmaker
944,985
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Use the "smell test" i.e. if it doesn't smell right, it probably is not.

Oct 23, 2016 10:00 PM
Rainmaker
8,429,833
Roy Kelley
Retired - Gaithersburg, MD

Things that appear too good to be true.

Oct 23, 2016 09:34 PM
Rainmaker
2,236,146
Debbie Laity
CinaJones Real Estate - Cedaredge, CO
Your Real Estate Resource for Delta County

If it's too good to be true...it probably is. 

Oct 24, 2016 09:21 AM
Rainmaker
1,566,940
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

If it sounds too good to be true, or if they want to avoid escrow and title.

Oct 24, 2016 04:35 AM
Ambassador
2,454,117
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

If it seems "lucky" or "too good to be true" it is probably fraud or, at the very least, some level of dishonesty.  

Oct 24, 2016 12:40 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

A check for more than the amount needed.

Reference to an attorney in another country.

Represents an un-named or unidentifiable 3rd party.

Oct 23, 2016 11:34 PM