Here’s our continued discussion about wire fraud in real estate.
Today we’re continuing our conversation about wire fraud with Chris from Midtown Title. People lose large amounts of money via wire fraud all the time, so you need to be aware of the dangers. It’s unfortunately a bigger concern than most people know. In this segment, we’re discussing why this happens so much in real estate, how agents should talk to their clients about this issue, the problems with sending checks, and more.
Feel free to watch the full message above, or use these timestamps that will direct you to various points in the video.
0:40: Communication between the real estate agent, lender, and title company is crucial
1:30: Why people target the real estate industry for wire fraud so much
2:15: Unless you have specific insurance, you’re not covered for wire fraud
5:50: Agents need to stress the significance of wire fraud to their clients
11:15: Agents should continue to educate their clients and don’t assume they already know
15:05: At our agent trainings, we’re showing examples of what fraud emails look like so they’re more prepared
16:00: How to get ahold of Chris at Midtown Title
17:15: Wrapping up today’s topic
If you have further questions about wire fraud in real estate or any other topic, call or email us. We would love to help you.
