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Ambassador
3,349,404
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

If it does not make sense or sounds too good to be true ... it likely isn't. We need to use our heads ... that is where our brains are ... and where the most powerful computer in the world resides if we are willing to USE IT. 

Sep 26, 2016 09:30 AM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

it's all common sense.... you know right from wrong....

Sep 26, 2016 08:11 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Kenzi Hansen Live by your fiduciary duties and you shouldn't have any problems.

Sep 26, 2016 08:51 AM
Ambassador
2,684,569
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker
Sep 26, 2016 07:51 AM
Rainmaker
1,506,013
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

"I have a way to save you money by not going through title and escrow."  Actually had that one pop up on a house a client was looking at buying.  Turns out the guy wasn't really the owner, his grandparents lived there and he had done some real shady stuff that ended up getting them foreclosed on.  It's all over the news out here for the last few months.

 

Oh, another red flag on that one... it was ADVERTISED ON CRAIGSLIST!!!

Sep 26, 2016 06:54 AM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Follow Fred Griffin links for answers to your question. 

Sep 26, 2016 11:16 AM
Rainmaker
1,241,754
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

1. no preapproval letter

2.  How much do I get from my agent-you? (both seller and buyer )

3. Thanks for showing me 100 homes. My brother is an agent. 

4. I am looking for a Supra door opener.

5. The deposit cheque is made out to a realtor.

Sep 26, 2016 07:22 AM
Rainmaker
1,206,261
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

 Every deal is different and it makes sense to work with an experienced agent.  Training, learning and knowledge are the keystones for staying away from trouble.  

Sep 26, 2016 06:47 AM
Ambassador
6,417,445
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

If they ask you to wire money to someone in Africa, dont do it.

Sep 26, 2016 01:23 PM
Ambassador
1,078,091
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

The most obvious one I see regularly comes in the form of occupancy fraud -- someone trying to purchase a home for investment under the guise of buying it as a primary residence.  Someone buying a similar home in a similar area without a really good reason is usually a red flag.

Sep 26, 2016 06:34 AM
Rainmaker
766,079
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Seller's name not on title.

Sep 27, 2016 07:50 AM
Rainmaker
1,157,791
FN LN
Toronto, ON

Aside from reading the answers to your question, simply search for the same question in the search box and you will find many more flags from those who have asked and answered the same question in the past.

Sep 26, 2016 11:13 PM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

If it sounds too good to be true then walk away.

Sep 26, 2016 11:07 PM
Rainmaker
4,582,184
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Life is simple - don't complicate it.  Follow the advice of Barbara Todaro and Kathleen Daniels ---- two of the smartest kids in class.  

Sep 26, 2016 10:34 PM
Rainmaker
4,900,966
Richard Weeks
Dallas, TX
REALTOR®, Broker

If it is too good to be true.

Sep 26, 2016 10:10 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Kathleen Daniels nailed this one!

Sep 26, 2016 09:36 PM
Rainmaker
7,863,184
Roy Kelley
Retired - Gaithersburg, MD

Watch for things that appear to be too good to be true. 

Sep 26, 2016 08:39 PM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Kenzi Hansen - no response for our calls is just one of them.

Sep 26, 2016 04:36 PM
Ambassador
3,741,896
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

It's highly unusual for a Realtor to encounter real estate fraud.  

Sep 26, 2016 02:17 PM
Rainmaker
4,960,530
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Fred came up with some good ones.

 

Sep 26, 2016 01:49 PM
Rainmaker
2,443,250
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Barbara Todaro has it...

Sep 26, 2016 01:42 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

If it sounds too good to be true, it probably is. 

Sep 26, 2016 01:30 PM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Dishonesty is the biggest one

Sep 26, 2016 11:56 AM
Rainmaker
1,325,299
Donald Urschalitz
Lubeck Realty Group - Jupiter, FL
P.A. Realtor ABR RSPS North Palm Beach County

Hacked email accounts and wire transfers.

Sep 26, 2016 10:17 AM
Rainmaker
1,712,776
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Talk to a real estate attorney or your broker.

Sep 26, 2016 09:23 AM
Rainer
420,003
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

"Let's keep this verbal"  "Cash is okay" "Last minute can't fix we'll pay you later"

Sep 26, 2016 09:18 AM
Rainmaker
2,784,566
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Double talk, evasiveness, and poor communications will do for starters

Sep 26, 2016 07:41 AM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

If anyone asks you to something that is against the law, do not do it.

Sep 26, 2016 06:51 AM