Buyer's Protections

As with any good purchase, you want to protect yourself against scammers or fraudulent purchases. Make sure the company you do business with is a licensed real estate broker. Don't be afraid to request their license number and then proceed to call your state's department of real estate for verification. Also check them out to see if they belong to the Better Business Bureau. To be a BBB member, companies endure intense examinations and must comply with rigid principled requirements. See how many years they have been in business and if there were complaints filed. Dealing with a licensed broker offers abundant protection for buyers and sellers, including that all funds must be held in an Escrow Trust Account until the sale has closed.