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Real estate wire fraud is real. Learn how to be WireSafe.

Real Estate Professionals®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email.

A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly.

>> Learn how to be WireSafe

Local Real Estate Trends

Discover what’s new and interesting in our backyard in the latest real estate news provided courtesy of the news desk.

Arizona is one of the Four Corners, and the sixth largest and 15th most populous state in the U.S. The Grand Canyon State is also headquarters to Grand Canyon Title agency, one of Fidelity National Financial’s most dynamic title brands and real estate teams. Grand Canyon Title serves the residential and commercial real estate industry, with both direct operations and agency support. Our offices are strategically located throughout this scenic desert state, and include teams that live and work in 12 offices located in: Chandler, Gilbert, Glendale, Mesa, Peoria, Phoenix, and Scottsdale respectively.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the Newsdesk.

The Latest Articles From the FNF Newsdesk:

Why Raising Taxes Is A Misguided Approach To Inflation Control
In a for the Slow Boring blog, Simon Bazelon and Milan Singh argue that raising taxes can be an effective way to reduce inflation. Unlike their criticisms of using interest rate policy to lower...

Green Street Still Expects a Soft Landing for CRE
Still, more private-market pricing degradation is likely, it says. Green Street’s latest outlook for US commercial property isn’t completely glum, but...

Poll: President Joe Biden's approval dips near lowest point ahead of likely presidential bid
Approval of President Joe Biden has slightly slipped, nearing an all-time low for the president as his administration continues to face tough economic conditions, according to a new Associated...

The Fed's Ninth Straight Rate Hike Comes After Banking Chaos. Experts Unpack What's Next
...account. The answer is yes, said Rebell, as long as it's FDIC insured. What the latest rate hike means for your wallet The most recent Fed rate hike means that borrowers will continue to see...

Public Relations During A Recession: What You Need To Know To Move Your Business Forward
Victoria Kennedy is a Wall Street Journal best-selling author, TEDx speaker, and the CEO of . For some time now, economists have been about the next recession, questioning whether 2023 will indeed...

The banking meltdown may have done the Fed’s work for it
...is not the bottom for prices,” said Lawrence Yun, chief economist for NAR. “We expect a continuing price correction, but we are not expecting prices to crash.” The median decrease is so small...

March Fed interest rate decision due today after SVB collapse: Follow for live updates
Will the Federal Reserve continue to hike interest rates as the banking industry walks on eggshells after the implosion of Silicon Valley Bank and Signature Bank earlier this month? The anticipation...