Real Estate Agent Scam is a type of fraud that involves dishonest real estate agents and brokers taking advantage of unsuspecting home buyers or sellers. The scammer may convince the homeowner to sign a contract with them, offer false promises, collect payments without delivering on their promises, or generally fail to act in the best interest of the homeowner. Some common tactics used by these scammers include providing false information about the property or falsely inflating prices for properties, using high-pressure tactics to convince homeowners to sign contracts they do not understand, offering incentives which are too good to be true (e.g., promising free appliances if you hire them), and overstating their expertise in order to appear more credible. In some cases, they may also try to get the homeowner to pay large fees upfront for services they do not need or will not use.
The consequences of falling victim to one of these scams can be devastating. Not only could the buyer end up paying much more than anticipated for a property, they could also lose any deposits made as part of the transaction, face delays in closing on a property due to legal complications, and even find themselves with an unmarketable title due to fraudulent activity. Homeowners who are looking for help from a real estate agent should always take the time to thoroughly research any potential agents before signing a contract with them and be sure that all parties involved have each other’s best interests at heart.
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558 S 170 W Ivins, Utah 84738
This document was last updated on September 11, 2021
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Robert Bolar is a top-producing, full-service agent in the Southern Utah area. He has been recognized as one of the Top 1% Agents in America with his education, training and leadership service. With over 20 years of experience, he knows how to get your home sold quickly and at its highest possible price. Robert lives and focues his time and energy in and around the Ivins, Utah area. He can be found working on a regular basis in Kayenta, Utah.
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Негізгі бет Тәжірибелік нұсқаулар және стиль Real Estate Agent and brokers taking advantage of unsuspecting sellers!
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