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Fake Realtor scams Children and their Parents

Ever peruse Craigslist for a new home? Nothing against Craigslist for doing that, but that’s where Coty Houston and David Yost happened to find a very alluring four-bed home for sale; looked perfect for their five young kids.

12DThen they all got squashed by a bomb: The man who sold it to them was not a licensed Realtor. Matthew Boros, however, used to be a real estate agent, but he never renewed his license. But this time, he had climbed through the house’s window (after placing an ad for it on Craigslist) and pretended to be the owner, with the plan of bilking the couple out of $5,000.

The couple was fooled by Boros’s charm. They had no idea that this kindly man, who had met their children several times, had been busted in the past for renting the same house out. They gave him a down payment and an additional $4,000, that day—in the name of expediting the sales transaction.

Yost remodeled houses for a living, so he had no problem starting the remodeling on this particular house, which definitely needed some repair and cleanup. He even replaced its electrical wiring.

Not long after, while he was working on the house, a man arrived asking why he was there. The vacant house had a real Realtor, who told Yost he was going to contact the police to report him for breaking and entering.

Next day, Yost found the house’s locks to be changed, his equipment still inside.

Houston visited the Second District Headquarters, armed with the payment and contract records from Boros. She and Yost then demanded their money back from Boros. Boros, though, told them he could prove with additional paperwork that the transaction was legal.

They met, and Boros refused to give a refund, but the police were waiting nearby and arrested the slug.

The couple is out $5,000, but may get their money back pending the judge’s decision. Boros pleaded not guilty. His lawyer claims to not have had sufficient time to study the case.

The ending is not all that bitter for the parents of five, however. They bought the house for real this time, with a reduced down payment.

Robert Siciliano CEO of IDTheftSecurity.com, personal security and identity theft expert and speaker is the author of 99 Things You Wish You Knew Before Your Identity Was Stolen. See him knock’em dead in this identity theft prevention video.

Personal Safety When Selling a Home

Two real estate agents were killed in separate incidents in Ohio in the past two weeks.

“Police have confirmed the suspects in this week’s murder of a Youngstown OH realtor are not connected with the murder of a realtor in Ravenna OH the day after.”

“Meeting new clients, showing properties, holding open houses, letting strangers get into your car, and even your marketing may be jeopardizing your personal safety.

The root of the issue is that you have real estate agents with no formal security training who are then meeting with complete strangers at odd times of the day and in vacant homes. Real estate professionals put themselves at risk at so many points. The industry opens itself up to predators.”

Here are a few tips to protect you when selling a property.

Be suspect of everyone. There isn’t any benefit in being paranoid; however, being a little guarded can keep you from getting into a vulnerable situation. Don’t just be wary of a man showing up unaccompanied. Expect them to show up in a nice car, well dressed, maybe with a wife and kids tagging along. They might have a business card saying they are a doctor or a lawyer. Don’t let your guard down.

Appointment Only. When placing ads, all advertisements should state “Appointment only” “Drivers license required” and “Pre Approval Documentation Required.” These are all hoops the bad guy may not want to jump through and you vetting out those who are “just looking” at the same time.

Use the Buddy System. When you set appointments always schedule around a spouse or friends availability so they can join you. There is always strength in numbers. If you have to go it solo, when someone walks in, say, “I’d be happy to show you the benefits of this home! In a few minutes my friend Rocco will be along to assist me,” creating the illusion of the buddy system.

ID and pre-qualify at your first meeting. When you are meeting at your property, get some form of identification. Also, it is to your benefit that a potential client buying a home is pre-qualified. Someone who is pre-qualified by a lender is less likely to be a predator.

Safe open houses. Spend a few minutes considering all the vulnerable points within the home and how you would escape if necessary.

Dress for safety and success. Don’t wear expensive jewelry. A $3-5 thousand-dollar diamond buys a lot of drugs. Dress professionally instead of provocatively.

Robert Siciliano personal security expert to Home Security Source discussing Real estate Agent safety on Inside Edition . Disclosures.