Is there finally a technology solution to end wire fraud in real estate forever? Safewire may be it

 

 

 

Real estate industry, we may finally have a solution to end wire fraud. Safewire is a company using proprietary technology at the very beginning if a real estate transaction to completely eliminate any chance of wire fraud. This tech solution already exists, but it needs to be widely adopted by our industry in order to really make a difference. 

But first off, what is wire fraud, how does it work, and can it really be stopped?
 
As you'll hear from Chris Sauerzopf, the CEO and co-founder of Safewire, wire fraud is a real problem, and yet no one is really talking about it. Sellers are getting their life savings stolen by hackers, and buyers are getting their down payments stolen. Lives are being ruined, and yet, real estate agents don't talk about it much. As if simply putting a wire fraud prevention message in your email signature is all it takes. 

As Realtors, we have a fundamental responsibility to do everything in our power to make sure that our clients' money is protected! Aside from responsibility, how long would real estate agents stay in business if we were the weak link that allowed seller proceeds to get stolen? Many times, it's actually the Realtor who allows the hackers to intercept a wire. And when that is discovered, and the media writes a story about how that nice old couple just lost their entire net worth to wire fraud… who the hell is every going to hire that Realtor again? Hell, that agent could even be personally sued for negligence, and end up bankrupt. 

Naturally, prevention via education and awareness is the place to start. Often, awareness and basic prevention is all a Realtor needs to do to prevent it from ever happening. But in order to stop wire fraud from ever happening, the real estate industry needs a solution like Safewire now provides.

Email Chris Sauerzopf for info on how to get your brokerage to adopt Safewire's technology.

 

*The Massive Agent Podcast is a member of the Industry Syndicate Real Estate Podcast Network

 
 

 



 

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Dustin Brohm

Author Dustin Brohm

Dustin Brohm, the Host of the Massive Agent Podcast, is a Realtor in Salt Lake City, Utah w/ the Search Salt Lake team, a real estate media company, brand, and team that he founded. Dustin is a sought after speaker and trainer in the real estate industry. He was a speaker at Inman Connect San Fran 2017, and a contributor, blogger, speaker, host of a local show called the Salt Lake Insider show, and a non-real estate media company by the same name, Salt Lake Insider. His work has been published on prominent real estates sites like the Zillow blog, RISMedia, HomeLight, Onion Juice Podcast, Real Estate Uncensored, Future of Real Estate, Realtor.org, Inman, RESAAS, Adwerx, Zurple, and more. Dustin recently launched the Massive Agent Society, a powerful all-inclusive lead gen training system for Realtors and Loan Officers, and exclusive referral network, in April 2018.

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