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Buying or renting living accommodations can be an exciting moment in your life. It’s a chance to move to a new place with new beginnings. Unfortunately, the complexities of the real estate industry open the door for scammers and fraudsters to take advantage of innocent people.
It’s important to work with a great agent to avoid real estate fraud and get you the living arrangments you deserve. Follow these tips to help you find a trustworthy agent and avoid scams.
Luckily, it’s super easy to hop on Google and look up local real estate agents and find the one who can help you the most. Quality real estate agents will have a website or bio page where you can find out their experience, qualifications, and if they have the proper real estate licenses for Alberta.
An experienced real estate agent will know the common signs of a scam and will steer you clear of danger. Working with a licensed, qualified agent can help you avoid real estate fraud and find a great place to live.
Buying or renting real estate after seeing nothing but a few pictures online is asking for trouble with real estate fraud.
A picture of a nice kitchen could be cropped in just the right way to hide the signs of pest infestation. As a rule, never commit to a property until you’ve visited and examined the site in person.
A great real estate agent will help you during your on-property visit. They’ll come with you on house tours and answer any questions you have.
Real estate can be a whirlwind. If you’re in a tough financial situation or need to find a home fast, it can be easy to panic. Panicking can cause you to make mistakes and rush into action. This is when you’re most susceptible to fraud.
The key is to stay calm and patient. Keep a cool head. This can go a long way to preventing mistakes.
When your head is spinning and you need a helping hand, your real estate agent can help slow things down. They can calmly explain the process, answer your questions, and give you reassurance.
We don’t blame you if you skim over the many “terms and conditions” agreements we all deal with on the daily. Only one in one thousand people spend more than a second looking at online contracts. But with real estate, it’s smart to sit down and thoroughly go over your contracts and other legal documentation.
If you have questions, ask. A trustworthy agent will listen to your concerns and work with you to reach a mutually beneficial agreement between you and the property owners.
Information is your best weapon against fraud. Watch the news, read the newspaper, and do research online. By staying informed, you’ll stay updated on the latest local incidents and could learn about new fraud tactics. Knowledge is power, and it’s a top way to prevent yourself from falling victim to fraud.
To stay scam-free, you need a real estate team you can trust. Tru Real Estate Team has consistently been named a top-10 team in Canada. Contact us today to speak with one of our expert Realtors.