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Beware of Vacant Lot Scams

A new scam is on the rise in the Outer Banks.  And we are not alone.  Associations across the country are reporting a sudden increase in scams related to vacant lots.

The Scam
A fake seller wants to list property, usually vacant land, in the hopes of getting a fast contract and collecting the Due Diligence Fee by getting the listing into our MLS.

Precautions to Take
Before listing property for people if you do not have a relationship with them, haven’t been referred to you, or they are not in your prospecting database, etc., please do the following:

  • Verify the number through OBAR's FREE membership benefit app "Forewarn".  If no records are found then it is most likely a burner phone.
  • Try and find the actual number for the owner in the tax records. Try to find them on FB and send a direct message.
  • Ask for a copy of their license and confirm that it looks legitimate.

Red Flags

  • They don’t ask about the commission rate
  • They want a “fast sale” and want to list below your CMA price
  • Seller can't come into the office, but signs a listing agreement

OBAR has seen this scam over 15 times so far with agents being called multiple times a day.  When it doubt-check it out!


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