Our dearest Midori Miller has posted this blog trying to keep us informed of the latest and newest scam taking place with FSBO being the target. I have re-blogged this post because I feel it worthy of reaching as many Professionals and Consumers as possible.
Thank you Midori, for always being alert and keeping us all informed !
This morning "The listing machine" had a story he wanted me to blog about. It's a true story and can happen to anyone. Recently he has been working with one of his customers to purchase some vacant land. Now his customer has a house to sell it was placed on craigslist. He placed it there..and was shocked at what he had found.
This is not one case of this there are several on Ebay right now!
While going through ebay this same customer found his property on ebay..not placed there by him or by the listing machine.
While looking at the ebay listing it was his own words...his pictures...and definitely his house lifted from his posting on craigslist.
So who is selling it? It isn't him but someone else he does not know, a scam trying to get people to bid high for an escrow deposit.
Please, be very careful and check your city..it seems that they are going after unsuspecting FSBO's generally never been listed in the MLS.
As this story unfolds we will be sharing with you!
This is just another reason to list with a REALTOR!
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Melissa Grant
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Virtual Solutions Guru to the Entrepreneur Extraordinaire. Helping others reach for the stars in life and business.
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I had not seen this yet...I am off to Midori's to read it!
There are always scammers out there. We all must be vigilant.
wow! another thing the FSBOs have to worry about. Thanks for the info
Thanks for pointing this out. I had not seen or heard about it yet. You never know if these listings are real or fraudulent... if it sounds too good to be true it probably is!
Melissa, Oh my gosh, that is SO scary! Why am I always so surprised to find there are so many scammers in the world. I'm so glad you shared this with all of us!
How low will they go? Your right though. Always use a Realtor. I had a young couple that started out with a Realtor and then was going to look at a FISBO. I started talking to them about how they were going to make the offer, and what they were going to get. By the time we finished, they backed out of the FISBO and are now looking again with my Realtor/Partner. I stressed that the Realtor is experienced at negotiating and would make sure everything goes smoothly. There are inspections, option periods, title company selection, mortgage and so much more that without the Realtor, they were in big trouble.
Melissa... thank you for re-blogging this one... great information.. I will go re-blog it too.