This Scam Needs Customer Warnings

03/22/2016
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There’s a new scam in town that’s actually working and you need to warn your customers about it now.  It’s extremely clever and devious, so please pay attention and get the word out.

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6 thoughts on “This Scam Needs Customer Warnings”

  1. Randy McMullin says:

    This scam has been going on for a couple of years. I created a video a couple of years ago and sent it to all of my realtors. We’ve been telling clients to call the attorney’s office and verify the instructions since we first discovered the problem. The hackers have been hitting Hotmail and gmail accounts, not so much the corporate accounts. An ounce of prevention is worth a ton of cure in this case.

  2. Paul Raymond says:

    Love the show. As a REALTOR that works in the City of Flint for the last 20 years. I would like to point out some stats that you must not have looked into before the fun poke at Flint MI. There are only 357 homes for sale today, a shortage! We have closed 137 since January 1st 2016. Year over year Values have increased for the first 80 days of 2015 vs. 2016. In 2015 average from 175 closed homes in Flint was $17,678 vs the first 80 days of 2016 which was 137 homes with average sales price of $21,078. An increase of 16.13%. Love to hear someone say how these is potential in a small town. But again love the show.

  3. I'm asking a question here: Just trying to think this through. If inventory is down, but so are other numbers, wouldn't this be a result of our population naturally continuing to grow combined with the lower New Construction Starts over the last "X" amount of years? Also combined with the natural migration of people fleeing certain cities and flocking to other ones? So, I would think this data you shared today would be pleasant news to hear if you are a builder, right?

  4. This happened to me/ my office. I was told the FBI won't do anything unless it's over $500K.

  5. Pete H says:

    It’s even worse than described. They don’t even need to hack your email address, if they have another way to learn of a transation. All they need is to KNOW your address. Sadly, much of the time it is easy to impersonate another person’s email address as long as they don’t need a reply!

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