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πŸ”’ Safeguarding Real Estate Transactions: A Cautionary Tale πŸ πŸ’°

(A true story rewritten with MS Co-Pilot AI.)

Last month, I saw a friend who happens to be a real estate agent. We talked about the industry, and I casually mentioned an article I’d readβ€”one that highlighted the alarming rise in wire transfer fraud. You know, those sneaky cybercriminals trying to pilfer hard-earned funds from unsuspecting clients. 😱

Being the conscientious professional he is, my friend took my advice to heart. Fast forward to last week Thursdayβ€”I ran into him again at Mile of Music. He flagged me down, eyes wide with a mix of relief and urgency. Turns out, he’d just thwarted a major financial disaster for one of his clients. πŸ¦Έβ€β™‚οΈ

Here’s the scoop: The very first client he persuaded to verify wire transfer informationβ€”a routine step we should all takeβ€”uncovered something fishy. The wire transfer details were bogus,. Imagine the horror if that $350,000 had vanished into the digital abyss! πŸ’Έ

But fear not! Our vigilant real estate agent swooped in, cape fluttering metaphorically, and saved the day. His client’s funds remained safe and sound. πŸ›‘οΈ

So, here’s the moral of the story: Whether you’re buying, selling, or advising in the real estate world, double-check those wire transfer details. Verify, verify, verify!

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Curt Esser

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cesser@esserconsulting.com

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