If it’s too good to be true, it probably is. AAR has received reports of homes being listed for sale by owner (FSBO) on the internet for well below market value. Upon reaching out to the seller, the interested buyer receives a long email in response indicating that the seller has hired an “international real estate agency” to oversee and manage the entire transaction. The response email goes on to explain that the property is nonetheless marketed as a FSBO because “all the services of the company have already been paid by me [the seller]. The potential buyer will not be charged with any cost.” Finally, the email states: “In order to contact the agency, I will need a copy of the ID/Passport of the potential customer; (I have already attached mine to this email).”

Unfortunately, the purported listing is a scam by which the perpetrator attempts to fraudulently obtain personal information. To learn what to look for regarding scams of this nature and other internet fraud, go to: https://www.zillow.com/wikipages/Beware-of-Scams-and-Other-Internet-Fraud/.