Real Estate Scammers target for sale by owner listings

Don’t get scammed by a real estate scammer, they are prowling around on Craigslist and have been stealing lots of potential property buyers and property renters out of their hard earned cash. How do they do it? Well there are several different versions of the scam going around but they tend to have a common strategy and that is to get you to wire them money for either a deposit or earnest money. Gloria Frazier, a well respected real estate broker in Destin Florida said “it is best to deal with a legitimate company, especially when renting a home because you never know who you are dealing with. Using a property management company can make sure both the lessor and the lessee are protected, it is not worth the risk not to use one.” Gloria is the broker for ERA American in Florida.

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