Don’t Be a Fraud Magnet: Real Estate Closing Essentials

Real estate fraud is on the rise, posing serious risks to buyers, sellers, and other industry professionals alike. From forged documents to identity theft and wire diversion, the real estate market is facing increasingly sophisticated threats that demand heightened awareness and fortified security protocols. This article introduces a simple yet powerful framework: Don’t Be a ‘Fraud Magnet.’ Fund Members are the frontline in safeguarding closings. This article outlines a two-tiered strategic approach to combat real estate fraud: establishing minimum standards (SECURITY) and adopting enhanced, strongly recommended standards (PROTECT) to reinforce defenses against increasingly sophisticated threats further. Read the article