This article is in reference to Teton Valley, but it's message is still relevant to the Silicon Valley because there have been numerous instances of Craigslist real estate scams going on. One such example is when an unsuspecting individual or couple responds to an online ads posted by someone pretending to be a Realtor, advertising for a property unbeknownst to the owner, they collect a deposit without showing the property and they disappear. The victims will never see their money again. If they are a legit Realtor, there should have their BRE (Baeurau of Real Estate) # readily available. You can look up their license status on the BRE's website. Be suspicious of they ask for a deposit up front without showing you the property And lastly, if it sounds too good to be true, it probably is.
Sheriff's Office warns: Beware of Craigslist real estate scams
The sheriff’s department has received several reports recently of fraudulent advertisements on Craigslist. In some of these instances, a person will post an advertisement for a property for sale or rent and pose as a real estate agent to gather personal information from prospective buyers.
Teton County Sheriff Tony Liford said such online ads make more sense in large cities where there are thousands of housing options, but in a place as small as Teton Valley, there’s no reason not to use a real realtor.
“Craigslist is not the place to go,” Liford said. “What started out as a good thing has turned into a criminal’s delight.”
The sheriff’s department advises those looking for housing to go through a licensed real estate agent, and always to view the property before transferring any personal information or money.
Source: Teton Valley News, Teresa Mull
http://www.tetonvalleynews.net/news/sheriff-s-office-warns-beware-of-craigslist-real-estate-scams/article_ecb8353c-aff7-11e5-b8d9-577327d8a9ba.html
Sheriff's Office warns: Beware of Craigslist real estate scams
The sheriff’s department has received several reports recently of fraudulent advertisements on Craigslist. In some of these instances, a person will post an advertisement for a property for sale or rent and pose as a real estate agent to gather personal information from prospective buyers.
Teton County Sheriff Tony Liford said such online ads make more sense in large cities where there are thousands of housing options, but in a place as small as Teton Valley, there’s no reason not to use a real realtor.
“Craigslist is not the place to go,” Liford said. “What started out as a good thing has turned into a criminal’s delight.”
The sheriff’s department advises those looking for housing to go through a licensed real estate agent, and always to view the property before transferring any personal information or money.
Source: Teton Valley News, Teresa Mull
http://www.tetonvalleynews.net/news/sheriff-s-office-warns-beware-of-craigslist-real-estate-scams/article_ecb8353c-aff7-11e5-b8d9-577327d8a9ba.html
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