R
eal estate scams are on the rise in Houston, targeting buyers, renters, and landlords alike. To avoid falling victim to these scams, it's essential to know what to look out for. Troy Cothran from the Houston Association of Realtors shares some valuable tips on how to navigate the market safely.

    When searching for properties, stick to reputable platforms like the MLS, Zillow, and Redfin. Be cautious of listings on less reliable sites such as Craigslist and Facebook Marketplace, where it's harder to verify information. If you come across a listing on an unfamiliar site, cross-check the property details on HAR.com to ensure the listing agent's information matches.

    When dealing with payments, be wary of direct payment requests from agents or real estate companies. Legitimate transactions typically require payments through approved accounts. Also, be cautious of multiple applications, as this could indicate stolen identities or scams. Below-market prices and difficulty reaching the person you're trying to rent from are also red flags.

    Realtors and landlords should perform credit and background checks on potential tenants to avoid potential risks. Researching reviews of agents and their companies can also help identify reliable professionals. When evaluating lease applications, ensure landlord references are genuine by verifying payment history with bank statements.

    If a prospective tenant claims they have no credit history, be aware that you may be taking a risk. Consider requesting a higher deposit in case things don't work out. In the event of a fraudulent tenant occupying a property, follow legal eviction processes to minimize financial loss.