Episode 5
Beyond the Sale Podcast
Michelle Linton, President of Northern Arizona Association of Realtors, discusses fraudulent transactions and escrow challenges with Merilee Arend, a title escrow officer. Fraud often occurs in outlying areas with elderly sellers, with red flags including quick closings and large upfront payments. To prevent fraud, agents should verify identities and use anti-fraud letters. Compensation confusion arises from evolving payment structures, emphasizing the need for clear instructions and documentation. Best practices include detailed emails with all transaction information and complete documentation. Incomplete files can lead to payment issues and last-minute surprises. Clear communication and thorough documentation are crucial for smooth transactions.
Each month, NAAR President, Michelle Linton and her featured guest will bring you updates and valuable discussions on the topics about the direction of the association, upcoming events, and all the important developments that shape our community. Whether you’re looking to stay in the loop or gain new perspectives, this podcast is the perfect way to engage with the association on a deeper level.
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