Danielle Edwards

RE/MAX Executive

Danielle Edwards with RE/MAX Executive
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Living in Waverly – Charlotte, NC

March 15, 2021 by Danielle Edwards

Living in Waverly – David Weekly

by Charlotte Realtor®-

 

Danielle Edwards with REMAX EXECUTIVE

featuring DAVID WEEKLY TOWNHOMES

Watch YOUTUBE video to tour Waverly and a special walk through tour of the model home- Waverly David Weekly.

 

 

 

 

 

 

 

 

 

Waverly is South Charlotte’s newest place to be!

It has it all.

  • Shopping
    • Athleta
    • The Birdi Boutique
    • Cycle Bar
    • Fleet Feet
    • Hand and Stone Massage
    • Fab’rik
    • Ivy and Leo
    • Mainstream Boutique
    • Pet People
    • Modern Salon
    • Scout and Molly’s Boutique
    • Small hands. Big art
    • The Good Feet Store
    • The Invigory
    • The Lash Lounge
    • Ulta Beauty
    • V’s Barber Shop
    • Wildology
    • Urbane South
    • Little Nest Portraits
    • CVS Pharmacy & Wells Fargo
  • Restaurants
    • Ted’s Montana Grill
    • Haagen Dazs
    • Carolina Ale House
    • Chipolte
    • CO
    • Chuy’s
    • Desano – Italian Pizzeria
    • Firehouse Subs
    • The Porter’s House
    • Taziki’s
    • Viva Roma
    • Tiff’s Treats
    • Viva Chicken
    • Yama
  • Offices
  • Hotels- Hilton Garden Inn
  • Whole Foods
  • Panera Bread
  • First Watch
  • Chick Fil A
  • Foxcroft Wine bar

Waverly Real Estate

The remaining lots are limited in all communities in Waverly.  Even resale homes in Waverly are highly competitive to get. This is the first area of is kind for the South Charlotte area that connects everything you need within walking distance.

I have helped many clients purchase in here and I can guide you to live in the “coolest” place to be in the “suburbs”.  If you are new to the home buying process click here to watch my video on why buyers representation FOR NEW CONSTRUCTION and RESALE.

Tip: Remember the nice sales rep at the builder, works for the builder.  Your buyer’s agent compensation is already in the budget when they priced these homes.

<h2>Representation is key!</h2>

<h3> Watch my video on Why You Need A Buyer’s Agent? </h3>

 


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Danielle Edwards Favorite MUST have Charlotte Real Estate Links

Buyer real estate software for market  updates

Best real estate software for your homes value

Search Charlotte Properties with Danielle

Check out my FIVE STAR REVIEWS here!

Filed Under: Charlotte Real Estate News Tagged With: best place to live charlotte, buying new construction, Charlotte NC, Charlotte realtor, david weekly, live work play, new construction, new townhomes, realtor, remax, remax executive, splash pad, townhomes, waverly

Top 5 Mistakes a Buyer Makes

October 30, 2020 by Danielle Edwards

TOP 5 MISTAKES A BUYER MAKES

Looking to purchase a home? STOP!  Check out my TOP 5 before you start!

Click here for everything you need to know about buying a home in North Carolina.

 


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Danielle Edwards Favorite MUST have Charlotte Real Estate Links

Buyer real estate software for market  updates

Best real estate software for your homes value

Search Charlotte Properties with Danielle

Check out my FIVE STAR REVIEWS here!

 

Filed Under: Advice, Charlotte News and Information Tagged With: buyer agent charlotte, buyers, buying a home, Charlotte, Charlotte realtor, Charlotte Suburbs, danielle edwards, for sale charlotte, moving, remax agent, remax executive, top 5 mistakes a buyer makes

Charlotte Real Estate Market – 2020

October 18, 2020 by Danielle Edwards

Charlotte Real Estate Market – 2020

By Charlotte Realtor Danielle Edwards.

Despite the pandemic the Charlotte’s Real Estate Market is strong than it was the first nine months of 2019.

Check out my monthly report using September’s marketing data from 2020.

 


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Danielle Edwards Favorite MUST have Charlotte Real Estate Links

Buyer real estate software for market  updates

Best real estate software for your homes value

Search Charlotte Properties with Danielle

Check out my FIVE STAR REVIEWS here!

Filed Under: Charlotte Real Estate News Tagged With: Market Report, remax charlotte, remax executive, Remax Real Estate Agent Ballantyne NC, remax realtor, Remax Realtor Charlotte NC, southpark realtor

How to BUY and SELL a HOME at the SAME TIME

October 1, 2020 by Danielle Edwards

HOW TO BUY AND SELL A HOME AT THE SAME TIME

 

 

 

 

 

Probably one of the most common questions a Realtor will get.

Here is my video to cover most of your options!


Seller Possession After Closing is probably the MOST easiest way to achieve doing this in my professional opinion.
The best way to decide what is best for you is to investigate all your options.
1) What is the market? Seller’s market? Buyer’s market?
2) How is your current home compared to what buyers want today?
3) What is the competition like on the home you want to purchase?
4) What is your current stress level? How do these options affect that?
5)Does your current home have “issues”
-sloping lots
-backs up to road noise
-unsightly curb appeal
-less desirable schools
-outdated
6) Do you want to sell your home while you are still living there

Consider these questions and then discuss with your chosen Realtor to figure out the best strategy to make moving a pleasant experience.

See how other Charlotte Homeowners successfully bought and sold their home with Realtor, Danielle Edwards.

Let’s Talk Real Estate!

 

 


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Danielle Edwards Favorite MUST have Charlotte Real Estate Links

Buyer real estate software for market  updates

Best real estate software for your homes value

Search Charlotte Properties with Danielle

Check out my FIVE STAR REVIEWS here!

Filed Under: Charlotte Real Estate News Tagged With: buying a selling a home at the same time, charlotte real estate agent, Charlotte realtor, charlotte selling and buying a home, Charlotte Suburbs, danielle edward, for sale charlotte, how to sell and buy a home, moving, real estate marketing, realtor, remax, Remax Agent South Park NC, remax executive, seller posession after closing

Charlotte Real Estate Market Update: August 2020

September 15, 2020 by Danielle Edwards

Charlotte Real Estate Market Update: August 2020

Information on Charlotte Real Estate Market from CANOPY MLS

Curious about how the Charlotte Real Estate Market is holding up? If so, check out the below video to learn more about the state of the market in Charlotte. This Charlotte Real Estate Market update for August 2020 will compare analytics to this time last year, including new listings, closed sales, and days on the market until sale.


www.CanopyMLS.com

To view recent listings in Charlotte, click here!
Learn more about Danielle Edwards and view client testimonials. 

Danielle Edwards: Real Estate Market Expert


Danielle Edwards

Filed Under: Charlotte Real Estate News Tagged With: Charlotte, Charlotte realtor, charlotte states, Charlotte Suburbs, danielle edwards, for sale charlotte, market update, moving, realtor charlotte, remax executive, remax realtor

Danielle Edwards awarded RENE Certification

March 31, 2020 by Danielle Edwards

Local REALTOR® Danielle Edwards Awarded RENE Certification

Danielle Edwards awarded Real Estate Negotiating Expert

Danielle Edwards awarded RENE award

Charlotte NC, March 30 — Danielle Edwards with Re/Max Executive, has been awarded the Real Estate Negotiation Expert (RENE) certification, the premier negotiation credential in the country. The RENE is conferred by the Real Estate Business Institute (REBI) and is an official certification of the National Association of REALTORS®. Danielle joins an elite group of real estate professionals from around the world who have earned the RENE certification. All were required to successfully complete comprehensive coursework in negotiation and subscribe to the REALTOR® Code of Ethics.

Danielle first began her real estate career in 2007 while residing in Cornelius, NC. She later moved to Charlotte and fell in love with the beauty and culture of the bustling, growing Queen City. Danielle has been a Charlotte REALTOR for 14 years, and has also been awarded CLHMS, SPS and ABR.

RENE is wholly owned by REBI and focuses specifically on real estate sale negotiation. Formerly the Council of Real Estate Brokerage Managers (CRB), REBI is a not-for-profit affiliate of the National Association of REALTORS®. You may contact REBI by calling 800-621-8738, e-mailing info@rebinstitute.com, or visiting REBInstitute.com.

Danielle Edwards awarded RENE award

Danielle EdwardsContact Danielle Edwards with Re/Max Executive Realtor more information about real estate in Charlotte, NC.

704-604-2999
http://www.soldondanielle.com

Filed Under: Charlotte Real Estate News Tagged With: Charlotte, Charlotte realtor, Charlotte Remax Agent, Charlotte Suburbs, danielle edwards, luxury realtor, moving, moving to charlotte, negotiation specialist, pricing specialist, realtor, realtor charlotte, remax broker ballantyne nc, remax broker matthews nc, remax charlotte, remax executive, remax realtor, southpark realtor, top agent charlotte

How to sell your home in Charlotte

February 21, 2020 by Danielle Edwards

How to sell your home in Charlotte

A guide to getting your home sold fast

So, you want to sell your Charlotte home. There are so many different routes to take when preparing for the home-selling process, as a result, it’s easy to get overwhelmed. Do you sell your home all by yourself? Do you hire a discount firm to help? Or do you go with a full-time real estate expert and professional?

I’ve been a Realtor for 14 years, and I have certainly learned the pros and cons of all of the above options, as well as the definite do’s and don’ts. In fact, I have a recent seller experience that I would like to share, as I think it would be useful if you plan to sell your Charlotte home in the near future.

How to sell your home in Charlotte

Video by Danielle Edwards

 Real seller experience

I recently had clients with a home they wanted to list in Wilshire, a community in South Charlotte. Homes in Wilshire typically stay on the market for an average of 23 days, which is relatively quick; however, some sell quicker, and others can lag for months. There’s a simple reason as to why some of these homes take so much longer to sell.

House hunting today is like watching HGTV. You know the episode: a couple walks through a beautifully but minimally decorated home with just the right amount of perfectly placed furniture. There’s just enough furniture and decor to make the space attractive, but it’s minimal enough that you can image your own furniture and decor in the space. I’m not saying your home has to be perfectly renovated and decorated in order to sell your home, but data shows that move-in ready homes sell in days, and most of the time, over listing price. When sellers put in minimal effort and sell their home as-is, their homes tend to sit on the market for longer.

My clients wanted to sell their home at 7219 Fortrose Lane. Great home, and great sub $400,000 price point; however, a young toddler lived in the home and therefore, it didn’t show itself as move-in ready. When I met with my sellers, I went over my game plan and thankfully they trusted me. The result? it worked! Our plan-of-action was as follows:

1. Technicals: A 25 year old home will likely have some issues. I always recommend getting the entire HVAC system checked before listing. My sellers in Wilshire needed a new furnace. It was leaking carbon dioxide into the flue. I advised them that they were better off spending the $2,900 to replace it, and then use it as a marketing tool by highlighting the new feature. We were also able to build the $2,900 into the asking price. Had we not replaced the furnace, we ran the risk of having to deal with the issue while under contract, slowing down the closing process, and having to fix the issue for the buyers.

2. Paint: Several of the rooms at 7219 Fortrose Lane were painted an outdated yellow color. We strategically painted these rooms to give them a fresh look. The sellers decided to put in some “elbow grease” and painted these rooms themselves, saving hundreds. In total, painting the home costed about $600.

3. Storage: I recommended that my sellers put everything that they didn’t need during their selling process into Smart Boxes. By minimizing the amount of clutter, they were able to make the home feel much bigger and less cramped. Not to mention, decluttering beforehand makes moving 10 times easier and more efficient once your house is sold. For my sellers, Smart Boxes costed about $350.

4. Light Fixtures: Light fixtures make a huge difference in giving your home an easy face lift. We replaced the kitchen fixture for $99 and and spray painted an old brass fixture for the dining room. We also got a new lock and handle for the front door for $50.

5. Pressure wash: My sellers did this themselves. They cleaned the driveway and sidewalk area, which is the first thing that potential buyers see when they pull up to your home.

6. Staging: Not all homes need this. There are 3 different types of staging:
6a.) Vacant staging: The home is empty, so stagers bring in furniture to fill the entire home
6b.)Partial staging: Stagers use some of the seller’s furniture, but bring in more to supplement
6c.) Virtual staging: Home stays vacant and computer generated photos are used to create online appeal

We decided to stage the main floor and master bathroom. I staged the other bedroom with items in my own collection. I told my clients the $1700 investment would come back to them, and guess what? It did! This home sold on DAY ONE. We used Stage It Charlotte.

Before and after staging

Sell your home in Charlotte

Dining Room (Before)

Sell your home in Charlotte

Family Room (Before)

Sell your home in Charlotte

Kitchen (Before)

Sell your home in Charlotte

Family Room (After)

Kitchen (After)

Dining Room (After)

 

7. Clean: This goes without saying. It’s absolutely essential to clean your home before putting it on the market. We had this home cleaned by a professional. House cleaning costs varies, but you can expect to pay close to $300 an hour.

8. Floors: The hardwoods in the Wilshire home were showing their mature 25 year old age. My sellers spent $2,600 to refinish the floors and it made a BIG impact. At this point, 40% of their items were in storage pods and the rest was in the garage. The sellers went on a fun 4-day stay at a friend’s house and bit the bullet to get this done. Over the years, I’ve had lots of sellers promise to refinish floors at closing, but for buyers, seeing is believing. Refinishing the floors was a game changer for a first impression.

9. Flowers: My sellers planed bright pansies on the exterior of the home and I bought some pretty flowers to place in the kitchen. It doesn’t seem like much, but it’s tiny details like this that make a home seem more charming and inviting.

When it comes to being market ready, each home is unique in what it needs. I have a proven record of preparing homes to sell for top dollar and fast. Let’s be honest, nobody likes keeping a house clean 24/7.

Each home is unique it what it needs to be market ready. I have a proven record of preparing my sellers homes that gets them top dollar for their homes. NO ONE I can think of likes keeping their home clean 24/7. Especially, if you have pets and children. The hard work you put into your home UPFRONT will mean less hassle and a stronger buyer pool to choose from when you receive an offer(s).

If you are thinking of selling your home and would like a complimentary in-home evaluation contact listing agent Danielle Edwards.

Danielle Edwards

704-604-2999

drivendanielle@gmail.com

www.soldondanielle.com

DANIELLE EDWARDS

REMAX EXECUTIVE

 

Filed Under: Charlotte Real Estate News Tagged With: Charlotte, danielle edwards, home, home selling advice, How to sell your home, listing agent, preparing your home to sell, remax, remax executive, selling your home, south charlotte, stage it charlotte, Staging

Sold fast! Springs Village townhome

January 30, 2020 by Danielle Edwards

Sold fast! Springs Village townhome

Beautiful 3 bedroom townhome with private in-home elevator

The sellers did a beautiful job upgrading this townhome before listing it. As a result, it sold fast! It went under contract within 4 hours of being listed! How’s that for quick and easy?

 Quick Facts

Address: 3329 Luke Crossing Drive, Charlotte, NC 28226
Listing Price: $398,800
Beds/baths: 3 bedroom, 3 full bath
Extra Amenities:

  • 2 patio areas
  • Gated community
  • Elevator
  • Remodeled/ Luxury
  • Community Pool

Why it sold fast: Community and amenities

3329 Luke Crossing is a beautiful townhome in a gated community near the arboretum. Because of this ideal location and other factors, this townhome sold fast.  It’s nestled in Springs Village and doesn’t back up to any busy roads, and as a result, it’s very peaceful and quiet. The unit includes an elevator, which is great for bringing in groceries. This elevator will come in handy for the next family to move in!

Why it sold fast: Renovations

There are hardwoods throughout the lower and main levels, which add to the modern of appeal of this home. Also, high-end carpet has been placed in all bedrooms. The kitchen was beautifully remodeled with white cabinets and granite countertops. New modern light fixtures were installed throughout. The townhome also had plantation shutters, which add so much charm! The covered patio is so inviting and perfect for hosting. Last but not least, the master bedroom even has a jetted jacuzzi bathtub.

Why it sold fast: Layout

Upstairs boasts dual master suites with glass enclosed shower and custom closets. There’s also a walk-in laundry room with a sink. The lower level is customizable to fit your needs. It could be a bedroom, bonus room, playroom, or office. The possibilities are endless. Both the refrigerator and washer & dryer set were included in the sale. All furniture was negotiable outside of purchase.

Photo Gallery

Sold fast! Springs Village townhome
SPRINGS VILLAGE
Sold fast! Springs Village townhome
2ND BEDROOM
Sold fast! Springs Village townhome
MASTER BATH

Sold fast! Springs Village townhome
LIVING ROOM
Sold fast! Springs Village townhome
ELEVATOR
Sold fast! Springs Village townhome
FAMILY ROOM

Sold fast! Springs Village townhome
LOWER COVERED PATIO

Property Video


Contact Danielle Edwards with Re/Max Executive Realtor more information about real estate in Charlotte, NC.

 

Filed Under: Closed Portfolio, Featured Tagged With: 3 bedroom, buyers agent, Buying a Home Ballantyne NC, Charlotte, charlotte homes, Charlotte NC, Charlotte realtor, Charlotte Suburbs, danielle edwards, listing agent charlotte, Real Estate Agent Charlotte NC, realtor ballantyne nc, realtor charlotte, remax agent ballantyne nc, Remax Agent Matthews NC. Remax Real Estate Agent Matthews NC, Remax Agent South Park NC, remax broker ballantyne nc, remax broker matthews nc, Remax Broker South Park NC, remax executive, Remax Real Estate Agent Ballantyne NC, Remax Real Estate Agent Charlotte NC, Remax Real Estate Agent South Park NC, remax realtor ballantyne nc, Remax Realtor Charlotte NC, remax realtor matthews nc, Remax Realtor South Park NC, Selling a Home Ballantyne NC, southpark realtor

Southpark townhome Magnolia Park- listing agent

January 8, 2020 by Danielle Edwards

SouthPark townhome in Magnolia Park – listing agent

Beautiful SouthPark townhome SOLD in booming area!

5520 Werburgh St, Charlotte, NC 28209

Southpark Charlotte

Magnolia Park

 

 

 

 

 

 

 

 

  • Listing price: $284,000
  • Square feet: 1,916
  • HOA fee: $137/month
  • 2 br/4ba (2 full, 2 half)
  • Year built: 2002

About the area

Be in the right place at the right time!

The trendy “live, work, play” lifestyle popular to Southend and Uptown is overflowing into the Southpark area. This neighborhood is no longer just Charlotte’s nicest business hub, it’s now exploding with capital improvement projects and is bursting at the seams with new restaurants, shops, parks, and fitness studios. You won’t find strip malls and parking lots in this neighborhood. Instead you’ll find lush greenery, mature trees, carefully maintained landscaping and beautifully designed buildings with parking decks hidden underneath.

If you love the outdoors and being close to shopping and restaurants this location puts you at the epicenter of it all! Walk North up Park Road to the new Cross Charlotte Trail which will connect all the greenways in Charlotte all the way to midtown.  Take a walk south on Park Road and have access to beautiful Park Road Park.  The new loop at Southpark mall is in the works and that will mimic the highline in NYC!  www.loopclt.org.

You’ll be less than 5 minutes from Whole Foods, Earth Fare, a local farmers market, and Charlotte’s largest, flagship Harris Teeter. Like to shop? You couldn’t be in a better location with HomeGoods, Southpark Mall, Philips Place, and the Specialty Shops within about a mile radius. There’s not just one but two YMCA’s close by, and dozens of boutique gyms to choose from including Pure Barre, The Bar Method, 9Round, Vibe5 yoga, and Burn Boot Camp.  Trendy local restaurants are opening weekly in this area. Keep your eyes peeled for Charlotte’s hottest new rooftop bar opening soon above Restoration Hardware. The Montford Park area is a nice walk or quick Uber up the street, and Park road will conveniently take you straight to Southend/Dilworth and the Pineville area.

About the home

Let’s talk about Werburgh!

This SouthPark townhome is filled with natural light that pours in from the large windows throughout the home. In the kitchen you’ll find new granite countertops and stainless steel appliances with laminate wood flooring throughout. It’s hard to find a kitchen this size in a townhome, but this unit has it! You’l love the stunning fireplace the serves as the focal point of the roomy living area. A modern light fixture has been installed in the dining area and is sure to be a conversation piece. The walls are painted with fresh Sherwin Williams accessible beige paint, which adds to the bright and airy feel of the property.

The unit is nestled nicely within the community, away from any busy roads. The entry level has an extra room that could be utilized as an office, studio, or recreation space. There are not just one but two master bedrooms in this unit, making for an impressive guest room or second bedroom for a roommate. Both rooms have private baths, allowing plenty of privacy and space!

You won’t have to worry about overpriced HOA expenses with this low fee of $137 a month. The unit comes with a one-car garage, complete with added overhead storage. Choice Home Warranty is included.

Zillow Walk through Tour click here and scroll to bottom

Photo Gallery

The perfect place to call home in a million-dollar Charlotte location!

 

Southpark Charlotte
Magnolia Park
Dining
Great room

Great Room
Kitchen with new granite

Southpark Townhome
Stone gas fireplace
Entry

Deck
Master Bed
Master bath

Bedroom 2
Half bath

2nd half bath
Office

School Zones

  • Elementary School: Montclaire
  • Middle School: Sedgefield/Alexander Graham
  • High School: Myers Park

 

Located near the intersection of Fairview and Park road!

SOUTHPARK CHARLOTTE

 

 

 

 

 

 

 

 

 

________________________________________________________________________
For more information on 5520 Werburgh St in Magnolia Park contact Listing agent Danielle Edwards

Danielle Edwards

Certified Luxury Home Marketing Specialist

Remax Executive

704-604-2999

www.soldondanielle.com

 

Danielle Edwards

Filed Under: Closed Portfolio Tagged With: Buying a Home Ballantyne NC, charlotte move, Charlotte Suburbs, danielle edwards, magnolia park, moving to charlotte, parks charlotte, Real Estate Agent Charlotte NC, realtor ballantyne nc, remax, remax agent ballantyne nc, Remax Agent Matthews NC. Remax Real Estate Agent Matthews NC, Remax Agent South Park NC, remax broker ballantyne nc, remax broker matthews nc, Remax Broker South Park NC, remax executive, Remax Real Estate Agent Ballantyne NC, Remax Real Estate Agent Charlotte NC, Remax Real Estate Agent South Park NC, remax realtor ballantyne nc, Remax Realtor Charlotte NC, remax realtor matthews nc, Remax Realtor South Park NC, remax realty, Selling a Home Ballantyne NC, south charlotte, south charlotte home, Southpark, southpark home for sale, southpark homes, suburban charlotte, townhome, townhome charlotte, townhome for sale, townhome in suburbs

Wire fraud in real estate

July 26, 2019 by Danielle Edwards

Wire Fraud in Real Estate

What to know when buying a home

Imagine spending months trying to buy a home, and finally purchasing the perfect one only to find out at the closing table your funds never made it, they are gone– that they vanished due to wire fraud. Imagine selling your home only to find out a wire fraud hacker created a fictitious email and contacted the attorney to redirect your proceeds to their account instead of yours?  It happens, a lot.

Wire Fraud: What is it?

Wire fraud is when someone obtains money based on false representation or promises. As con-artists become more sophisticated and tech-savvy, parties involved in real estate closings are regularly being targeted with wire fraud scams. These parties include buyers, sellers, realtors, and closing attorneys.

How is it done?

Most recently, the scams have focused on hacking into e-mail accounts of the parties involved in the transaction. Con-artists can gain unauthorized access to third-party e-mail accounts when just one party involved in the transaction fails to utilize e-mail encryption software. The frauds break into either the Realtor’s or the client’s email and secretly follow what is going on.

Assume that the buyer, buyer’s Realtor, seller’s Realtor, buyer’s attorney, and the seller’s attorney are all involved in an e-mail chain concerning the particulars of the closing. These emails would likely include sensitive information, such as wiring information, closing figures depicted on the settlement statement, and names/contact information. Now assume that just one of the parties involved in this e-mail chain failed to use encryption software. With the assistance of readily available computer software, a con-artist can easily intercept the entire chain of emails from any individual who replies to or forwards an email without using encryption software. Now, the criminals have everything they need to engage in wire fraud.

How do I avoid it?

Criminals are posing as attorneys with a similar email address to send fake wire instructions to clients. Therefore, the safest practice is to go to the closing attorney’s office in person and pick up your wire instructions. Sometimes, the fraud will pose as the attorney and contact the sellers to ask where they’d like their proceeds sent, and intercept them.  In both cases, the money is wired to a bank account that belongs to the fraud. At this point, the funds are usually beyond reach of the correct banks or the FBI, well before the scam is even discovered.

Sellers should always bring a voided check to closing.  Sellers should also verify when the wire is being sent and if it was received.

If you are involved in a real estate purchase, you should take steps to ensure that you don’t become a victim of wire fraud by verifying that you and the professionals representing you are using encrypted email software.  If you receive anything fishy or out of sorts do not email back.  Call the correct number your Realtor should have, or that is on letterhead to verify.

What if it happens to me?

Many individuals and law firms have fallen victim to these scams, which have resulted in the victims going bankrupt and law firms and real estate companies going out of business. If you are an attorney, Realtor or other professional involved in the real estate closing, and one of these scams succeeds due to your failure to utilize encrypted email, you can expect for the victim to look to you for reimbursement.

What does wire fraud look like?

These scammers are getting very good at scamming to gather your information with texts, phone calls and emails.  Remember, rarely will a company call and ask for your social or credit card over the phone.  You are better off hanging up and calling back the main number that is correct. Be wary of Google.  They might take a phone number for GODADDY and change one digit in their phone number.  So, the person who quickly glances to ensure it is correct will be mistaken.

What does fraud look  like?  It comes in many different forms. Have you received one of these texts or emails?








Stay safe out there! If you ever have any questions or concerns involving the real estate process, contact me! I am always here to help.


Danielle Edwards

REMAX EXECUTIVE
Charlotte, NC
Realtor NC/SC
www.soldondanielle.com
704-604-2999
drivendanielle@gmail.com

Danielle Edwards

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Danielle Edwards
RE/MAX Executive
12104 Copper Way Ste. 100
Charlotte, NC 28277
704-276-6882
info@soldondanielle.com

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