Real Estate Scam(s) - Look out!

Real Estate Scam(s) - Look out!

Ryan LubyPro Member
Rental Property Investor · CT · Member since 2016 · 258 posts · 227 votes

Hey BP community, wanted to share an e-mail scam I received this past week.

It started with an e-mail to my inbox (see 1st photo) An out of state buyer looking for an agent to help with a deal in their state. It was fishy from the start but as long as I'm not giving up any harmful info I always try to take the time to dig into things and get more info. After doing so, I called the listing agent of the house this guy was using for the scam, he was already aware, and then I tried getting in touch with the guy or at least the name being used as the buyer for this scam but still haven't gotten a response. 

Curious if anyone else received anything similar, if so how did you go about reporting, or making others aware?

I have heard stories of closing attorneys wiring tens of thousands to the wrong place because someone weaseled the wrong wire info into closing docs, but never personally dealt with someone trying to get anything through me.

He never set up a call, then sent me the fake contract, with the selling agents name as the buyer, and obviously other verbiage in the contract which made no sense.

Thanks in advance for any responses!

It ended with me calling and leaving a VM with Roger Blais General Contractors of NH, saying "I was looking to talk about some work I needed done and call me back anytime".. haven't heard anything yet lol

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Real Estate Agent · Austin, TX · Member since 2019 · 235 posts · 194 votes
6y

This is an oldie but a goodie, I haven't seen it for awhile.  It is a scam to get banking information from the seller's account and can be used for identity theft. You did the right thing letting the listing agent know what was going on.  Thanks for reminding everyone that these are out there.

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  • Real Estate Agent · Austin, TX · Member since 2019 · 235 posts · 194 votes
    6y

    This is an oldie but a goodie, I haven't seen it for awhile.  It is a scam to get banking information from the seller's account and can be used for identity theft. You did the right thing letting the listing agent know what was going on.  Thanks for reminding everyone that these are out there.

  • Real Estate Agent · Gonzales, LA · Member since 2019 · 12 posts · 4 votes
    6y

    I just received the same email from Roger Blais!!!

  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    6y
    you can tell right off the bat the use of certain words are way to formal. its just another Nigerian prince scam
  • Flipper/Rehabber · Montgomery, NY · Member since 2016 · 2k+ posts · 1k+ votes
    6y
    Originally posted by @Jay Hinrichs:
    you can tell right off the bat the use of certain words are way to formal. its just another Nigerian prince scam

    What? You don’t “kindly advise” people to “facilitate” your transactions? Lol. I assume the poor contractor in NH has nothing to do with it as well.

  • Investor · Columbus, OH · Member since 2017 · 861 posts · 1k+ votes
    6y

    I think this is actually trying to get you to be a money mule. The "funds" are either a fradulent wire or a fake check. You deposit it, it "clears" and then wire the money off to Nigeria or whatever. Then the whole thing unwinds and you are either being questioned by police or actually on the hook for 90k. 

  • Ryan LubyPro Member
    OP
    Rental Property Investor · CT · Member since 2016 · 258 posts · 227 votes
    6y

    Thanks for responding to this thread. I know some of these scams are very obvious lol but it's definitely important to still alert people either way. If they exist, they must be getting some people, somewhere..

  • Member since 2026 · 18 posts · 4 votes
    2mo

    Good instinct calling the listing agent directly instead of just replying to the guy.

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