As rates feel upward pressure, fraud and misrepresentation are also on the rise
A sudden interest-rate hike in Q4 caused profits to plummet
Being a leasing agent in this economy can be challenging – the work is just as hard as ever, demand for rentals is cutthroat, and the weak housing market isn’t helping with commissions. Whether you’re a pro at the top of your game or a beginner learning the ropes of real estate, it’s important to remember why you’re in the field and the perks that you just can’t get anywhere else.
Paul Vencatasawmy allegedly raised $250,000 by posing as a real estate agent and collecting down payments for houses he didn't have the right to sell, local news station WFTV reports.