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I put ditto " " marks under David Barr comment
Tony and Suzanne Marri...
Buyers, sellers, agents, lenders, home inspectors, appraisers, stagers and anyone else involved in the real estate business or transactions can all benefit from following my motto: " Be A Professional " !
Being professional means avoiding "red flags" by being ethical in all we do. If it appears any of these parties is being unprofessional, then that is a sure sign to step back and look for the red flags before proceeding.
DEANNA C. SMITH ...
Smith Mountain Lake, VA
What Mary Yonkers and David Barr said...
There are red flags everywhere. Look out for FSBO's.
FSBOs are sometimes frauds, especially in resort areas. Those listed on Craigslist with unusual restrictions for showings and requesting a cash deposit are suspicious.
The "smell test" usually works.
If it sounds too good to be true proceed with caution.
If it smells toon good to be true it is too good to be true.
Lots of scams out there, be careful
Things that don't look, sound, smell or feel right.
There are many. As an agent, one of the most frequent issues is occupancy fraud, that's a tough one to catch but if you ask the right questions it's easy to weed out. If something seems shady or just not right, chances are your gut is on to something.
I use whatever I have for a GUT feeling at the time....
Double talk, no talk, and talk with forked tongue tells all about anyone
Anything that falls out of a standard contract and does not follow a broker's policy. When in doubt, ask your broker.
Anything that appears to be too good to be true.
Oh the list goes on and on.
Alex Stephens Bait and switch.
People trying to rush you to sign anything that you haven't had time to read.
Any thing that asks them to do anything after closing or not in the HUD
Fraud wears many suits.
Utah Law may be different. Ask your instructor the condition under which full fiduciary duties are owed the client.
Bring the response back and then we can chat about fraud.
Be careful folks. Do you think I would ask a question with a blatantly obviously answer, which of course would be incorrect?
Good question. Red Flags mean stop and consider the validity of the claim. Does it make sense? Can you find a paper trail? If in doubt walk away.