You may be a first time home buyer, seller or realtor in real estate and wanted to earn the considerable amount of profit in this business. But real estate has lot of scammers and many property owners and buyers fall victim to them often. The scammers find innovative and creative ways to lure the prospective realtors. Here are few DC Fawcett scam avoiding guidelines!
Do not hurry for transaction!
According to DC Fawcett review, once the process of buying or selling a real estate property is over, the very next step would be to wire the money. If the entire process is happening online then you need to be very careful since there are chances that you might be dealing with the fraudster. Do not respond to anonymous email fund transfer queries. Inspect the property before transferring the funds.
Make sure that you’re renting a house that really exists!
Yes! You read that right! The scammers copies the address and other details from popular multiple listing websites and post it on theirs. People often get attracted to the pictures posted on their websites which has houses with large backyards and other amenities. Once they decide to contact the address they would be answered that owner of the house is residing in other country and can be reached only through email. Some may believe in these scams and wire the money.
To avoid such scams, make sure that you are speaking to a right person and visit the property. Read all the terms and conditions before signing the document.
DC Fawcett complaints on Rental scams
As per DC Fawcett review, more than 90% of buyers rely on internet to buy rental real estate properties. As it gets popular, the scammers too use it illegally. They take the data from other listing websites and repost it on their websites. They pose as an agent and ask you transfer the funds quickly and collect all the money.
Get a professional help if needed!
If you are going to invest all your savings in real estate, then do not hesitate to afford a professional real estate agent. It may cost you little but worth it. They can steer you in right direction and help you to take good decision. If you are a first time buyer or seller and have zero knowledge on real estate market then you need a professional help to guide you through the process.
At the same time fraudsters exist here too. Hiring one of them may leave you frustrated and spoils the entire process. Be thoughtful and search the background of realtors before hiring him.
DC Fawcett, Scams in real estate exposed: Bottom line
To avoid these scams and achieve great success in real estate market you need to do self analysis first. Ask yourself what are the factors that could possibly go wrong through the process. Make sure whether your money is secured while transaction.
You also need to make sure whether you are going to spend any extra cost while closing on. Review the online websites and compare the prices before buying a property. The real estate market scams gets sophisticated as the buyers are now aware of scammers. DC Fawcett complaints that scammers are everywhere, every year the complaints against real estate fraudsters has been continuously increasing inspite of awareness. Online scams, loan modification scams and rental scams are some of the scams which happens very often.
DC Fawcett, a founder of the Virtual Real Estate Investing Club helps the beginners and show them the best way to invest in real estate market.