Renters: Beware of the Fake Real Estate Agent Scam (video)

Author: Joshua Dorkin • URL: http://www.biggerpockets.com/
March 23rd, 2007 •

I just saw this and had to share it with everyone. It is REALLY SCARY how easy it is to scam people out of their money that are desparate for housing!

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8 Comments »

Comment by Vikram

2007-03-24 02:00:44

Hi..I like the video the most. Now a days real estate frauds are very common. But we should be carefull to avoid loss while buying selling , renting property / real estate

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Comment by Joshua Dorkin

2007-03-24 13:14:40

You’re right about avoiding losses, but this is really just a wake up call to people to do their research before trusting pretty much anyone they deal with in business (and yes, renting an apartment is doing business).

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Comment by Athol Kay

2007-03-26 05:49:28

Real Estate agents in Britian aren’t licensed. In the USA just ask to see the license and take the number down before handing over money.

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Comment by Lyle

2007-03-28 07:55:33

Nice video … Thanks for that information

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Comment by Joshua Dorkin

2007-03-28 08:53:56

Good advice Athol, however most rental properties I’ve ever seen are not listed with any real estate agent. Unfortunately your advice falls a bit short under that situation.

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Comment by Derek

2007-03-29 15:23:45

Sorry for jumping in late on this one, but that is a frightening video. Thanks for sharing.

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Comment by Baby Videos

2007-07-26 15:24:08

Oh my goodness. I live in the United States and I’ve never heard of anything going on like this. Wow.

Although, I’ve mostly rented places from established apartment complexes. When I’ve looked at places owned by individual landlords, they’ve always met me there, or at least, I thought it was them meeting me there.

I wonder if anyone has tried to pull this on me before.

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Comment by Chris

2007-08-20 23:02:09

Scary stuff, good warning as many people just assume the person that opens the door is the owner

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