Property scams are way too common. That’s because there is a bigger opportunity. Even the smallest scam earns them hundreds of thousands of dollars. There is a risk, but people do it for the opportunity. To make sure you don’t give business to those scammers, you have to work smart.
Remember, you can’t just trust any nice guy. You have to be sharp and read signals. To make sure you don’t fall victim to a property scam, here are a few useful tips you should follow.
Do Everything on Your Own
You might wonder why hire an outsider if you have to do everything on your own. You can hire a guy and let them do everything when you know everything there is to know about the industry. If you have been a real estate professional yourself, you can see and manage what the person you have hired does.
However, if you are not a professional realtor, you can’t rely on another realtor to make everything perfect for you. This means you should do your own research and learn everything there is to know so you can make an informed decision when needed. You will need a guy to help you find people or properties. If someone still tries to pull a scam, you would know to hire a civil litigation attorney before it’s too late.
References are the most powerful source for finding a professional. If you have gotten good reviews from someone who has worked with the guy, you can tell that he is a professional who takes care of customer service.
The people who want their clients to be happy are likely to do a great job. They are trying to build a brand and can’t afford to lose their reputation by getting negative feedback. They get customers through their customers. However, this also doesn’t mean that you can leave everything to them. You just know they usually do a great job.
Find a Professional Lawyer
Although you are looking for a realtor, you should find a real estate attorney first. This prepares for the worst-case scenario. If someone does pull a scam, you will have a lawyer ready to launch a legal attack. Besides, telling the people you are hiring that you have a reliable attorney will ensure that they are scared of something fishy.
They would know they would have to flee the country and leave everything behind if they tried to mess with you. As long as they are in the country, they will be within reach of the law. You should take consultation from a lawyer and even get them to proofread the documents. It will cost a little extra, but it’s far better than losing hundreds of thousands of dollars.
Read Online Reviews
The internet is a free place. Anyone can post anything there. This means if your realtor has done someone some bad, they might have shared it on the internet. It might not be popular feedback, but you will find it if you look for it.