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Wire Fraud is on the Rise: What Every Realtor Needs to Know

Wire Fraud is on the Rise: What Every Realtor Needs to Know

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Realtors You work hard to guide your clients through one of the biggest financial decisions of their lives—buying a home. But even the smoothest transaction can fall apart in seconds if wire fraud strikes. That’s why in this episode, Sherry Sellers pulls back the curtain on one of the most critical (and most overlooked) parts of the closing process: wiring instructions.

With nearly four decades of experience in the title industry, Sherry explains how cybercriminals are becoming more sophisticated—and how you, as a real estate professional, can play a key role in protecting your clients from devastating financial loss.

In this episode, you’ll learn:

  • What wiring instructions actually are—and why they matter

  • Why fake emails can look nearly identical to the real thing

  • A real story of a buyer who lost $280,000 to wire fraud

  • What red flags to watch for during a transaction

  • How to coach your clients to verify wiring details securely

  • The simple but powerful steps title companies are taking to minimize risk

Protecting your clients doesn’t stop at finding the perfect home. It extends to every step of the transaction—including the wire. As their Realtor, you’re in a powerful position to guide and educate them. Talk about wiring instructions early. Encourage them to verify details by phone—not by email or text. Make it clear that title companies will never change wiring instructions mid-transaction. These simple actions can make a huge difference—and help ensure your clients close with confidence, not chaos.

Connect with Sherry:
Instagram: https://www.instagram.com/closings_with_sherry/
Facebook: https://www.facebook.com/profile.php?id=61571362842966
Website: https://www.title.one/team/sherry-sellers

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