SafeWire

On this week’s episode of The Wire, Chris Sauerzopf and Nicole Evans share a devastating story of how one infiltrated email resulted in an elderly couple losing their life savings, leaving them homeless. The real estate industry is seeing a constant cycle of innocent families suffering from wire fraud but one question still remains: Who deserves to be held accountable? Chris and Nicole uncover the truth in answering this question in order to spread awareness and prevent not only consumers from being infiltrated financially, but the professionals in the industry as well.

Join Chris and Nicole as they uncover the facts and share their expert insights. Real estate wire fraud is the problem, SafeWire is the solution.🔒

Learn how wire fraud happens and how to protect yourself.
http://safewire.com/wire-fraud

🎧 Subscribe to The Wire on Apple Podcasts, Spotify or wherever you get your podcasts. Like and subscribe on YouTube!

Chris and Nicole review one of the most important cases of real estate wire fraud that has set a precedent for future wire fraud losses. Bain v. Platinum Realty is a specific court settled case that left the industry in shock because it meant anyone involved in a real estate transaction—including real estate agents, title agents, underwriters and mortgage lenders— may be held liable when fraud occurs, regardless of the relationship between the parties.

Whether financial information is being exchanged between a client and lender or a client and title company, real estate agents should never put themselves in the middle of that financial communication.

Learn more on how wire fraud happens and how to protect yourself: http://safewire.com/wire-fraud

🎧 Subscribe to The Wire on Apple Podcasts, Spotify or wherever you get your podcasts. Like and subscribe on YouTube!