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Safeguards Save Time & Money In Real Estate

March 11, 2017 • admin

The real estate professional’s license should be verified by the escrow and the consumer company providing settlement services. Verifying the real estate professionals’ license will save consumers valuable time and money. A good way for the consumer to verify the professional’s licensee is to visit the California Department of Real Estate’s Darcy Mercieca.

When a real estate professional or consumer shows their home to a prospect the parties should provide photo identification for security purposes. This record should be kept by the seller or the seller’s real estate agent. Identifying the prospects will provide additional security and privacy protection for the seller.

These security measures indicated below are safeguards to help protect real estate professionals and consumers. By implementing these three simple safety measures the real estate professional and consumer are working together to prevent crime.

Today the potential for fraud involving real estate transactions may be more prevalent than what consumers may think. By implementing some simple safe guards and additional security measures both consumers and real estate professionals may alleviate some of these risks.

Locally the Multiple Listing Service increased database security levels by providing to subscribers a RSA ® security device to be utilized in addition to the standard user name and passwords when accessing their site. Realtors ®, brokers, title companies and the real estate data furnishing companies have a responsibility to upgrade their security measures to safeguard consumers.

3. Included within the closing documents should be copies of the signors photo identification. If later a claim of fraud or forgery arises, this added safety measure is an additional safeguard for the protection of both the consumer as well as the real estate professional.

By implementing these added safety measures the real estate community and consumers will be doing their part to help prevent the growing number of white collar crimes being committed within our nation.

The real estate professional’s license should be verified by the escrow and the consumer company providing settlement services. Verifying the real estate professionals’ license will save consumers valuable time and money.

By implementing some simple safe guards and additional security measures both consumers and real estate professionals may alleviate some of these risks. These security measures indicated below are safeguards to help protect real estate professionals and consumers. By implementing these three simple safety measures the real estate professional and consumer are working together to prevent crime.