The con is older than the internet–but all the more powerful in a real estate industry locked down by a pandemic and increasingly dependent on cyber-transactions. The digital scam nearly upended a deal just hours before closing. Willow Glen agent Don Sabatini led his client, a savvy, professional woman with grown children, through the months-long […]
Jan. 7 – CVAR At A Glance
Featured Classes and Events Jan. 7 | CRMLS FREE Training – CVAR HQ Jan. 9 | New Member Orientation – All Locations Jan. 9 | zipForm® Basic – All Locations Jan. 10 | Reverse Mortgage – All Locations Jan. 14 | CRMLS FREE Training – CVAR East Jan. 16 | zipForm® e-Signature – All Locations Jan. 17 | Appraisals […]
TV Report Blames Agents – Take Steps to Prevent Wire Fraud
An NBC news report claims that “realtors’” negligent use of free email accounts create the risk of wire fraud. The scenario is simple: A thief fooled a buyer into following phony wiring instructions by using an agent’s spoofed email address. Here are the real and fake emails side by side: REAL: xxxxYOURREALTOR@xxxx.com FAKE: xxxxYOUREALTOR@xxxx.com Not […]
3 Ways for Clients to Prevent Wire Fraud
It’s your buyer’s worst nightmare: Everything is a go for purchasing the house of their dreams and in the next moment, the entire down payment is gone with little hope in getting it back. Wire fraud has happened all across the country to buyers who have fallen prey to a phishing scam, resulting in losses […]
CVAR At A Glance – May 2
Featured Classes and Events May 11 | REALTORS® Guide to Residential Disclosures May 14 | First-Time Homebuyer Seminar May 20 | RPR Workshop – Create Custom Reports – FREE May 23 | 1031 Tax Deferred Exchanges – Find & Create Investor Clients CVAR in Sacramento! A group of CVAR members got the rare […]
CVAR At A Glance – April 25
Featured Classes and Events April 27 |Learn About the New Residential Purchase Agreement – CVAR East April 29 | What to do if your listing closes but the tenant won’t leave! May 11 | REALTORS® Guide to Residential Disclosures May 20 | RPR Workshop – Create Custom Reports – FREE First Quarter 2016 Market […]
Protect Clients From Wire Fraud
In this video, the National Association of REALTORS®’s General Counsel Katherine Johnson explains how scammers are using a common scheme to steal money from your home buying clients via email during real estate transactions. By sending an email with “new wiring instructions,” buyers are being duped into transferring money to fraudulent accounts, ultimately losing their […]