Realty Executives, FBI and NAR Team Up To Help Stop Wire Fraud
Company Added
Company Removed
Apply to Request List

Realty Executives, FBI and NAR Team Up To Help Stop Wire Fraud

Scammers have begun aggressively focusing on real estate in a serious phishing scam that has resulted in losses of hundreds of millions of dollars and devastating results for those in the process of purchasing a home. Unfortunately, the general public is largely unaware of this potential threat. So now Realty Executives is teaming up with the FBI and National Association of REALTORS® (NAR) to help educate the industry on how to identify and help clients avoid falling prey to these potentially catastrophic scams with a free webinar on January 26 at 11 am CT.

SCOTTSDALE, ARIZ. (PRWEB) January 19, 2018 - Scammers have begun aggressively focusing on real estate in a serious phishing scam that has resulted in losses of hundreds of millions of dollars and devastating results for those in the process of purchasing a home. Unfortunately, the general public is largely unaware of this potential threat. So now, Realty Executives is teaming up with the FBI and National Association of REALTORS® (NAR) to help educate the industry on how to identify and help clients avoid falling prey to these potentially catastrophic scams with a free webinar on January 26 at 11 am CT.

The way this scam works is hackers target email and other accounts with messages relating to real estate activities, collecting contacts/email address of those in the process of buying a property. The scammer then spoofs an email to the buyer, often pretending to be an agent, title company, etc., directing them on where to wire their down payment. For those unfortunate buyers who follow through, they are out their down payment with little chance of ever getting it back.

“We believe the way to stop these scammers in their tracks is by educating clients to identify, avoid and report potential fraud,” says Alysia Heun, Vice President, Franchise Services at Realty Executives International. “By raising awareness in the real estate industry on how these scams are being carried out, we can create a united front fighting against and work to shut down this devastating trend.”

Realty Executives will be holding a free webinar, co-hosted by a member of the FBI Cyber Crimes Task Force and the General Counsel for NAR, which is open to all real estate professionals. The sole focus of this seminar is to equip those within the real estate industry with the information necessary to help clients avoid these types of scams. Anyone interested in attending this webinar can sign up at http://www.realtyexecutives.com/fraudwebinar. Realty Executives has also compiled a list of the top three things buyers can do to help prevent wire fraud at http://www.realtyexecutives.com/blog/preventing-wire-fraud.

About Realty Executives Intl. Svcs. LLC

Established in 1965, Realty Executives International is one of the largest and most established real estate franchise systems in the world, with over 8,000 agents and 500 offices globally. The company offers disruptive pricing models particularly attractive to top performing agents. Its unrivaled mobile technology, business tools, training and concierge service are coupled with protected territories and financing for qualified franchisees. The Scottsdale-based, privately held company has been ranked as a leader in the real estate industry by publications like Entrepreneur, Success and Inc. magazines. For additional company information visit https://www.RealtyExecutives.com.

Contact:

Melissa Marchwick
Realty Executives
310-684-2681

SOURCE Realty Executives Intl. Svcs. LLC

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Ziggi's Coffee
There's nothing quite like the perfect cup of coffee. It wakes you up and gets you on the right path. Now, you've got the chance to build a lifestyle...
Elements Massage
When simplicity is the essence of your business model, clients and owners benefit. Clients want a predictably wonderful experience with every visit....
Batteries Plus Bulbs
Whether you're an existing multi-unit operator with a non-competing brand looking to expand your portfolio of franchise-owned businesses, or an...
Quaker Steak & Lube®
Founded in 1974 in Sharon, PA, the award-winning casual dining restaurant chain has expanded to more than 40 locations throughout the United States.
Nestle Toll House Cafe by Chip
Nestlé Toll House Café by Chip is a premier dessert café offering an unrivaled experience of indulgent creations, distinct flavor profiles and the...
Share This Page

Subscribe to Our Newsletters

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2020.
All Rights Reserved.