Legal Hotline: Fraud Alert 2022

** ATTENTION – NEW REAL ESTATE FRAUD ALERT **
In today's important Fraud Alert, Annie shares with you the details of a new scam that has been popping up in regards to foreign-owned real estate... the scam breakdown is like this: a person contacts a listing broker
(in the U.S.) asking if they will help
them sell their U.S. real estate... this U.S. property is owned by a
non-U.S. citizen that lives
outside of the country... they purchased the property
intending to use it, but then they,
for whatever reason, they had to move
to the U.K. ...they (falsely) identify themselves
as the seller of the property, utilize an email address with the real owner's name, and provide a [new] phone number... they then successfully engage the listing broker into selling the property to complete the scam. Annie continues the discussion with the best way to handle a situation like this. Watch now!

Legal Hotline: Fraud Alert 2022
(6 min. 33 sec. / publish date: 3/25/2022)

For more information on Washington REALTORS®, visit www.warealtor.org
--------------------------
Legal Hotline Video featuring Annie Fitzsimmons, Washington REALTORS® Legal Hotline Lawyer - The Legal Hotline is a Washington REALTOR® Member only benefit. These videos are intended for Washington REALTOR® members. If you have questions and are a primary member in good standing with Washington REALTORS®, visit www.warealtor.org to contact the Legal Hotline Lawyer. You will need your NRDS ID and password to inquire with the Legal Hotline or search the database.

Copyright © 2022 Washington REALTORS®.
Please contact Washington REALTORS® (1-800-562-6024 )
before using this video outside of YouTube.