CT REALTORS

Real Estate Scams with Fake Sellers/Buyers

REALTOR associations across the country are warning of a seller scam that is happening more frequently.

The scam usually involves a fake seller that tricks an agent into listing and selling a vacant lot that they do not own. 

Some warning signs to watch out for include the seller being unable to meet in person and wanting to do everything by email, the seller wanting to list the property below market value to generate immediate interest, the seller quickly accepting a cash offer and be willing to accept substantially less than full price if they can close quickly and the seller provides photos IDs that are barely legible.

View the resources below for additional details: