NAR Broker Power Hour

Description

Real Estate Fraud: How Brokers Can Protect Yourself & Your Clients

The real estate market has ushered in major changes including the continued rise of fraud. Not only are you seeing more instances like seller impersonation personally, but your clients are being targeted ever more aggressively.

A recent survey of U.S. home buyers and sellers found that nearly 1 in 4 of them are potentially targeted during a closing, with 1 in 20 saying they fell victim. This type of crime has risen to $446M in reported losses annually according to the FBI. In this webinar, we’ll share what you can do to better protect yourself and your clients. We’ll cover topics such as:

• The main types of fraud schemes, including a demonstration of how AI is used to manipulate your buyers
• Consumer expectations of their REALTORS®
• Red flags every agent should watch for, and resources to prevent fraudulent sellers and wires
• Steps to take immediately when you suspect fraud

In honor of NAR's September Safety Month, broker members can join us to learn how to ensure safer closings for you and your clients. 

Register at broker.realtor to learn more!