In today’s competitive real estate landscape, where homes are selling faster than ever and digital transactions are increasingly common, scams have become more sophisticated and prevalent. Whether you're buying your first home in Burlington or listing a luxury property in Roseland, it's essential to know how to protect yourself.
At The Smallbone Team, our commitment is to ensure your experience is not only successful but also safe. Here’s what you need to know to stay ahead of potential real estate fraud—and what you can do to avoid becoming a victim.
1. Verify the Identity of Everyone Involved
Scammers often impersonate real estate agents, buyers, sellers, or even lawyers. They might use fake websites, email addresses, or phone numbers that appear legitimate. Always confirm you're working with a licensed Realtor®—you can verify this via RECO, Ontario’s Real Estate Council.
When you work with The Smallbone Team, you’ll never have to wonder. We value transparency and always provide verifiable credentials and trusted communication.
2. Watch for Pressure Tactics
Fraudsters often try to create a false sense of urgency—pushing you to send a deposit quickly, waive conditions without due diligence, or sign documents without legal review. While Burlington’s market can be fast-paced, no legitimate deal should pressure you into acting before you’re ready.
If someone is pushing you to “act now or lose out,” especially through unofficial channels, treat it as a red flag.
3. Never Wire Money Without Independent Verification
One of the most common and devastating scams in real estate today is wire fraud. Scammers may hack into email accounts and send fake wire instructions that look authentic. Always verify banking details by calling your lawyer or agent directly at a known phone number—never rely solely on email instructions.
The Smallbone Team will never ask for confidential information via email, and we strongly encourage all clients to confirm financial instructions through secure, personal communication.
4. Check Property Ownership Records
Before buying a home—especially one that seems like a deal too good to be true—verify that the person selling it is actually the legal owner. In Ontario, land ownership information can be accessed through the provincial Land Registry or with the help of your lawyer.
This is especially critical in private sales or FSBO (for-sale-by-owner) transactions, where the typical safeguards of agent representation may not be in place.
5. Review All Documentation Carefully
Fraudsters often include forged documents in their schemes—fake title deeds, inspection reports, or rental agreements. It’s crucial to review every document with your Realtor® and legal counsel before signing anything. If something feels off, don’t ignore your instincts.
With our concierge-level service, The Smallbone Team ensures a trusted expert is reviewing every step of your transaction, so nothing is overlooked.
6. Be Wary of Unusually Low Prices or High Returns
In both the resale and investment markets, if a deal seems too good to be true, it probably is. Scam listings often lure buyers or renters with deeply discounted prices, only to ask for upfront deposits before vanishing. Likewise, fake investment schemes may promise guaranteed returns or minimal risk.
We only work with vetted, reputable properties and partners—so your investment is always protected with The Smallbone Team.
7. Use a Secure and Reputable Real Estate Team
The best defense against real estate fraud is working with an experienced, well-connected professional who knows the market and protects your interests. With over 20 years in Burlington’s real estate market, The Smallbone Team understands not just the homes—but the people and processes that keep your transaction secure.
We’re here to walk you through every step with clarity, communication, and care.
Stay Smart, Stay Safe
Real estate scams can cost thousands—and more than just money. They can compromise your trust and delay your homeownership dreams. By staying informed, asking questions, and working with professionals who prioritize your safety, you can avoid these pitfalls.
If you’re looking to buy or sell in Burlington or beyond, don’t leave your investment to chance. Reach out to The Smallbone Team today—and let us help you navigate the process with confidence, integrity, and protection.
