Consumer Guide Update: How to Protect Against Real Estate Wire Fraud

NAR is pleased to share the latest consumer guide that explains why real estate transactions are targets for wire fraud, how scammers work, and ways buyers can protect themselves against fraud. 

Also, note that updates have been made to the “Home Selling Tips for Privacy and Safety” to reflect the input of MLSs and NAR’s appraiser members. A link to the updated guide is below.

As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor. Please allow up to two weeks for the Spanish version of the latest resource to be translated and uploaded.

For ease of reference, below is a list of the most recent guides:

• NEW: How to Protect Against Real Estate Wire Fraud
• Home Selling Tips for Privacy and Safety
• Do You Need Private Mortgage Insurance?
• What Is the VA Home Loan Guaranty?
• 10 Tips for Packing Smartly for a Move
• State and Local Tax (SALT) Deductions

Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy.

Be on the lookout for the next consumer guide, which focuses on understanding condo ownership.