Chris and Nicole have seen people experience wire fraud time and time again. Frustration begins to set in because wire fraud is something that can be prevented through various steps that are simple and free. But with that being said, why isn’t the industry taking wire fraud as seriously as they should? It can all be traced back to those who don't believe wire fraud will happen to them or just don’t understand how and why it happens at all. 

In order to prevent wire fraud the industry has to make some serious changes. Chris goes into detail on three ways the industry will be forced to make adjustments: Litigation, Law Making, and Disruption. With these being the main ways we will see change in the future of the industry, it’s important to understand how our society and technology will both change along with it. 

Chris and Nicole wrap up the podcast by explaining the potential downfall the industry will face if they do not adapt to new and improved methods of wire fraud protection. Consumers are losing thousands of dollars to wire fraud and it is creating major distrust in the real estate industry. Understanding why wire fraud happens, how it happens, and how we can adapt to the changes needed to be made will keep the industry strong and successful. 

Join Chris and Nicole as they uncover the facts and share their expert insights. Real estate wire fraud is the problem, SafeWire is the solution. 🔒

Learn how wire fraud happens and how to protect yourself.