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How to Spot Real Estate Scams (and Protect Your Investment)

Real estate scams are targeting more victims than ever before, and they're becoming increasingly sophisticated. Nearly 10,000 Americans fell victim to real estate fraud in 2024, losing over $173 million according to FBI reports.1 Even more concerning, about one in four home buyers or sellers encounter suspicious activity during the closing process, and one in 20 end up victims of wire fraud.2 These aren't isolated incidents targeting the naive or unprepared—they're professional operations that can fool experienced investors and savvy consumers alike. Scammers have adapted to modern technology and remote transactions,...