How to Protect Yourself from Real Estate Fraud

Protecting Yourself from Real Estate Fraud

Before Hiring an Agent

1. Verify Their Identity — Use REMCAN's verification tool at remcanrealers.com/verify
2. Check Their Tier — Tier 2 agents have completed full verification
3. Read Reviews — Look for feedback from previous clients
4. Meet in Person — Always meet at their office or a public place

Red Flags to Watch For

• Agent pressures you to pay upfront before any work
• Agent refuses to meet in person
• Agent asks for payment to personal bank accounts
• Agent's REMCAN ID cannot be verified
• Agent's photo doesn't match the person you meet
• Agent claims to be "too busy" for verification

During Transactions

• Get Everything in Writing — Never rely on verbal agreements
• Verify Property Ownership — Check with the land registry
• Use Escrow — Don't pay directly to the agent
• Bring a Lawyer — Have legal representation for all contracts
• Keep Records — Save all receipts, messages, and documents

After the Transaction

• Leave a review on REMCAN to help other clients
• Report any issues immediately
• Keep copies of all documents for at least 5 years