NAR reports ransomware hits brokerage.
https://www.nar.realtor/magazine/drive/episode-10-what-to-do-if-your-business-faces-a-ransom-threat
Wire fraud is still occurring.
https://www.screaltors.org/wp-content/uploads/Forms/610.pdf
The fake rental scam is still occurring.
Set up Google Alerts for all your listings. Post sign at the listed property (not for rent). Periodically, patrol your listings. Contact the web provider where the fake rental appears for take down.
Fake organized crime (overseas) spoofing the listing brokerage by posing online as the true seller and then MLS listing the vacant lot and then selling vacant lots of land to real buyers with law firm mail away closings to the fake sellers and then getting the wiring proceeds as the means to get the cash…this scam is occurring.
Check with the owners association to help verify the true owner.
Phishing scams.
https://consumer.ftc.gov/articles/how-recognize-and-avoid-phishing-scams
Money laundering risks.
REALTOR® Safety.
https://www.nar.realtor/safety
Too good to be true is too good to be true?
Report organized crime cyber crimes to local law enforcement, your associations, and the FBI at www.ic3.gov
Posted by: Byron King on 10/20/22 (This information is only accurate as of 10/20/22. You must contact SCR for updates and changes to this information after 10/20/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)
This information is not legal advice. This information is intended only to provide general information and may not be relied upon as specific legal guidance. Legal counsel should always be consulted before acting in reliance on this information.