As a real estate professional, you always have to be on alert for potentially fraudulent activity. One of the more dangerous schemes is fraudulent sellers who pose as property owners, defrauding buyers and others involved in the transaction. Although it may be tough to spot a scammer, there are signs to be aware of that should prompt further investigation.

The real estate industry has faced the reality of suffering damages and losses from cybersecurity breaches. These breaches can occur at any time of the real estate transaction, however, prove to be most significant when they surface in the funding stage, when money is disbursed. With technology driving how we process our transactions, it is imperative to practice good cybersecurity hygiene.