Scammers and thieves

I am bombarded on a daily basis with emails and text messages with links. I never click on a link or download a file. The company email address collects

coins
spare change

phony real estate closing notices. When I examine them sometimes I find the name and logo of a legitimate title company but when I look at the sender’s address I can tell the notice is fake.

There are links in the messages but I don’t know what they are to because I have never clicked on any of them.

Thieves out there trying to take your money. If you are buying a house it is even worse. People will try to get you to wire your money to them.  An electronic request for earnest money may be legitimate but buyers should still verify any request for earnest money by contacting their agent.

Title companies often ask for money to be wired prior to the closing. Such notices should be verified by calling the title company. Don’t use the phone number of the email requesting the money. Call the title company. Verify the wiring instructions.

Beware of thieves who contact home buyers 4 or 5 days before the closing and give them wiring instructions. They sound convincing and may even be familiar with the details of the purchase. The phone call is a scam and by the time the borrower figures it out the money has left the country.

Homebuyers and sellers and real estate companies and agents will receive fake phone calls, text messages, and emails.

No matter who you are or what you do for a living there are people working non-stop all day every day to take your money and they are getting better at it. Go to the Minnesota Attorney Generals’ office website for information about common scams and learn how to avoid them.

It used to be that the elderly were the most susceptible to scams but these days young adults are falling for them too.

Common scams include trying to get social security numbers and credit card numbers and no the IRS doesn’t call or send emails regarding unpaid taxes or tax refunds.

Please, please be careful out there!

Happy July 4th 2021

The Pioneer Press got it wrong. St. Paul did not cancel public fireworks. There hasn’t been any kind of city-sponsored public fireworks here since 2014. There will be fireworks after the Saints game at the ballpark in Lowertown.  Those fireworks will be seen by ticket holders and those who live in the building surrounding the park.

Minneapolis has public fireworks over the river where everyone can see them but canceled this year because of the drought.

Fireworks are illegal in Minnesota and we have strict laws. Anything that explodes or flies is illegal, but the laws are not enforced.

Keep your hose handy this weekend.

Here are some pictures from 2014 and 2013. Both fireworks displays were sponsored by the city and held in locations where they could be seen for free and were visible for miles.

Minnesota State Capital – July 4th 2014

 

fireworks
fireworks 2013 St. Paul, MN

 

July in St. Paul

It is Friday and Fridays are for fun. I associate the month of July with flowers because so many flowering plants bloom in July. There won’t be as many wildflowers along the river or in the woods this year because of the drought but my front and back porches are in full bloom and so are parts of the yard.

The hostas have started blooming and coneflowers are just getting started. The milkweed and butterfly weed are at their peak of pink and orangeness.

 

 

Ten years ago on this day

The partial government shut down for the state of Minnesota was averted. . .

I wrote this and posted it here ten years ago when the state government shut down on July 1st.

closed sign

The state of Minnesota is closed.  I want to go on record as saying I am very disappointed in our elected officials.  You should all be ashamed of yourselves.

Real estate commission mythology

When I meet with clients they often tell me what the going rate is for real estate commissions is. The number seems a bit high but if people are willing to pay it I won’t turn it down.

We are not allowed to discuss commissions amongst ourselves and there are no price lists out there. If two brokers discuss how much they charge they can be accused of price-fixing.

People who believe that all real estate agents always charge a certain amount probably end up paying more. Real estate commissions are always negotiable and there is no “going rate”.

I don’t have a problem with being paid more than I had planned on asking for and will happily accept it when it is offered and I suspect that my peers feel the same.

Also, I love the idea of “discount” brokers. If there isn’t a rate sheet or price list how do people know they are getting a discount? I offer a flat fee option where the seller does most of the work and I charge a flat fee upfront for limited services. Those services usually include listing the home on the MLS and photography and more. Not all real estate companies offer flat-fee options.

Getting paid upfront is different, normally I work for free until after the sale closes and if it doesn’t close for any reason I don’t get paid.

Oh and please report an agent who won’t show a home because the commission payout to the buyer’s agent is low. You can and should file an ethics complaint against that agent.

Barges
Barges on the Mississippi River

House hunting without a name

It is pretty predictable. As we approach any major holiday people kind of come out of the woodwork and want to go tour homes for sale. If someone wants to

July 4th Fireworks in St. Paul

see one of our listings we will make it happen. When we ask if they have a Realtor and they say yes but that agent is on vacation, we contact the agent. If the agent can not show the property we show it.

Most of the calls and messages come in from people we don’t know regarding listings that are not ours. I know to some these are called “leads” but I usually don’t want to go where they lead me. 🙂

The spam and scam emails, text messages, and phone calls happen every day several times a day. I want to answer my phone but I rarely do and hardly any of the callers leave messages. My caller ID says “spam” or “scam”.

Doing business with strangers isn’t safe. people who don’t include their names with the message are kind of creepy.

There will be numerous calls, emails, and text messages this week and through the weekend from people, I don’t who are having real estate emergencies.

I will respond to emergencies from past and current clients and from people I know personally. Anyone who is currently under contract with me or my company gets priority emergency holiday service.

Most people don’t even know that there is such a thing as a real estate emergency. I am here to tell you they are real and they happen more often than I ever would have imagined.