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Will Your Real Estate Agent Give Away Your Deposit?
You might know how to protect yourself from a phishing scam, but does your real estate agent? If not, it could have disastrous consequences for you, your agent and your deposit.
While phishing scams aren’t new, the threat is growing in the real estate industry. Unsuspecting homebuyers are losing hundreds of thousands of dollars to these types of scams.
Here’s how it works:
- A hacker breaks into your real estate agent’s email, or the servers of a title company, and begins tracking transactions.
- Knowing the closing date, the hacker sends an email to you that looks like it came from your real estate agent or the title company.
- The email contains wiring instructions that, if followed, place your funds straight into the fraudster’s bank account.
Once your funds are deposited into a criminal’s account, it’s virtually impossible to recover the money. All it takes is falling for one bogus email.
Sell Your Home Today With These 10 Tips
If you want your home to sell quickly, you need to know which areas are most likely to make it attractive to buyers.
Otherwise, you might be looking at it sitting for a while – even in a hot real estate market. This could prevent you from jumping on the home of your dreams, or otherwise delaying the start of a new chapter in your life.
Here are our top ten tips for getting your home to sell quickly:
The Hamptons Homes of The Rich and Famous
Summer is almost here, which means the rich and famous will soon be flocking to their luxurious Hamptons retreats.
The Hamptons, also called the East End of Long Island (of New York) are made up of towns, villages and hamlets including Westhampton, Southampton, Bridgehampton, East Hampton and Montauk.
It’s a pricey place to live and celebrities, along with New York’s high society, love it.
These are just a few famous people who call the Hamptons home:
Avoid The Burn Of A Hot Real Estate Market
The real estate market across the country is so hot right now, prospective homebuyers are discovering it’s especially difficult to find a home.
Many realtors currently have more buyers than homes for sale. Ken Rosen of the Fisher Center for Real Estate and Urban Economics said, “It’s red-hot housing market, but remember it’s bouncing off of a 30-year low in home-ownership rates that we had in 2016 — so a lot of people have delayed buying.”
The Monterey Homes of "Big Little Lies"
Perhaps more fascinating than the characters of HBO’s new drama series Big Little Lies, are the houses in which they live.
Set in Monterey, California, the character’s picturesque, oceanfront houses seem to be stealing the show for many viewers.
The backdrop of these homes serves an important purpose in the show. If you look closely, “each at-home scene reveals some secret about the character’s inner lives.”
Producer and writer, David E. Kelley adapted the series from a book, where the story is originally set in Australia.
Inside The Most Famous Trump Properties
President Trump has been making frequent visits to his favorite properties outside the White House and Trump Tower, including his ocean-side mansion, Mar-a-Lago in Florida and the Trump Bedminster golf club in New Jersey. For members this can mean excitement but also a brighter spotlight than this wealthy clique might be used to, as when Trump and his cabinet began conducting an emergency foreign policy meeting during a recent dinner at one of the clubs dining areas.
Haus: The Uber For Home Buying?
Haus is a startup launched last month by Garrett Camp, Uber co-founder and CEO of Expa Studios. It’s an online platform for making and accepting offers on residential real estate.
What makes Haus different from other home discovery platforms is a goal of bringing transparency and efficiency to the real estate market. By integrating modern digital technology, Haus aims to make the offer review process seamless and transparent to buyers, sellers and agents.
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