
We all know how greatly the internet has improved the real estate business. I couldn’t imagine being a real estate agent before the use of modern technology. Unfortunately, along with these advances comes the opportunity for a con artist to take advantage of an unsuspecting victim.
I’ve only heard on these types of scams, but luckily I’ve never encountered one; until the other day. I received an online lead through my website. A potential buyer was requesting information on a house in Riverdale, NY. At first, I was rather excited when I discovered that this was a $1.3 million property. I called this gentleman up and it turned out he was interested in renting the house. That was disappointing. Typically, I don’t do rentals. In almost all cases I explain to the renter that rentals are not an area I cover and that they would get much better service from one of our other agents in the office. But this gentleman was extremely pleasant so I decided to look up the property to see if I can help him. Well, I searched the MLS several times and couldn’t find a rental listing for this property anywhere. I called the man back and asked for more details. He said that it was advertised for $1,500 on Trulia.com. This raised a MAJOR red flag. Remember, we’re talking about a 4,000 square foot mansion in Riverdale, NY that is listed at $1.3 million. This house wouldn’t rent for less than $5,000 per month. He admitted that it didn’t sound right, but figured he would look into it. He told me he talked to a guy that said he was the listing agent. That didn’t check out as the listing agent was a woman. He said that this man asked him to FedEx the first month’s rent of $1,500 to him and then he would mail back the key. At this point it was clear that this was a scam. I tried to call the man to confront him; it was an Alabama phone number. Of course, I got his voicemail. I advised the gentleman to file a complaint. I’m sure that won’t accomplish much but I figured it was at least worth an attempt to try to protect others from the same scam.
Please believe me that I’m not trying to use this event as a reason to promote my business. That would be tacky and unprofessional. However, this is one of the many reasons you should seek professional representation when selling, or searching, for a new home.