Real Estate Scams Cheat Sheet [Infographic]

Whether it is commercial or residential property, buying or renting any real estate involves certain amount of risk due to its highly fluid nature. Anywhere in the world you’ll find a fair share of scammy realtors and thus, the stories of rampant malpractices sometimes scare off the most seasoned investors. Still, you can’t stop at that! From forged land titles to false rental contracts, property is a cause of all sorts of innovative scams but on the other hand there are legitimate organizations which regulate the real estate industry and try to make it a safer place to invest. One step towards that is creating awareness against scams. Realestate.ph is a Philippines based online portal for real estate classifieds. They have come up with an infographic about the most common real estate scams and how to identify them. We hope that some of the tips in the infographic might help you in your future property transactions.

Image Source | Submitted by Francis Kervin Espiritu Magsajo. Francis works for Realestate.ph which has taken on a duty to represent the country and unite the local real estate industry in creating a new online market center.

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Marty Huggins

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