Real Estate Scams: What Buyers and Sellers Need to Know

This week on Real Estate Today, we take a closer look at the latest real estate fraud trends, the red flags buyers and sellers cannot afford to miss, and how scammers are using new technology to target transactions. With 1 in 5 homeowners reporting they have received a fraudulent message before closing, understanding how these scams work has never been more important.

Hear from homeowner Raegan Bartlo, who shares her experience of losing a $255,000 down payment in a real estate wire fraud scam. Tom Cronkright, REALTOR® and founder of CertifID, explains how artificial intelligence is making these scams harder to detect and what steps consumers can take to stay protected. Levi Rodgers, REALTOR® from San Antonio, also joins us to break down five growing real estate scams to watch for and how he is helping keep his clients safe.