How to Stay Safe When Selling Your Home: Spotting and Avoiding Scams

Selling a home is a big financial decision — and unfortunately, it can attract scammers looking to take advantage of sellers. Whether you’re listing with an agent or considering a cash buyer, it’s essential to stay safe when selling your home. By knowing the common scams and how to avoid them, you can protect your property, your money, and your peace of mind.

Common Scams Sellers Should Watch Out For

1. Fake Cash Buyers

Many scams start with someone posing as a cash buyer. They may offer you an above-market price to gain your trust but will never actually close. Instead, they drag out the process or pressure you into paying upfront fees.

Tip: If you’re considering a cash sale, know what to expect. Check out our guide on what to expect when selling your home for cash so you can recognize real offers versus red flags.

2. Wire Fraud Schemes

Wire fraud is one of the most dangerous scams in real estate. Criminals may hack into email accounts and send fake wiring instructions that look like they came from your title company or agent. Victims can lose tens of thousands of dollars in minutes.

Tip: Always verify wiring instructions directly with your title company using a phone number you trust. The Consumer Financial Protection Bureau offers excellent resources on how to protect yourself from wire fraud.

3. Upfront Fees or “Processing Costs”

Legitimate buyers and real estate professionals don’t ask for money upfront. If someone pressures you to pay a “processing fee” or “application charge” before a sale, it’s a clear warning sign.

Verify that the buyer or company you’re working with is legitimate. Use resources like the Better Business Bureau to check their reputation before moving forward.

4. Fake Documents and Contracts

Scammers may provide fake proof of funds or create fraudulent purchase agreements. These documents can look professional, making it easy to get tricked if you’re not careful.

Always work with trusted professionals who know how to verify paperwork. At Charm City Builders, we handle documentation securely and ensure every step of the process is transparent.

How to Protect Yourself

Now that you know the scams, here’s how you can stay safe when selling your home:

1. Work with trusted professionals. Whether you hire a licensed agent or work directly with a reputable buyer, make sure they have a solid track record and verifiable credentials.
2. Verify all communications. Don’t rely on email alone—call your agent, title company, or buyer directly.
3. Do your research. Look up reviews, check the BBB, and search for complaints.
4. Trust your instincts. If something feels “off,” it probably is.

Final Thoughts

Selling your home should feel exciting, not stressful. The best way to protect yourself is to stay informed, double-check details, and only work with buyers and companies you trust. By taking these precautions, you can stay safe when selling your home and move forward with confidence.

If you’re ready to sell and want a process that’s safe, transparent, and stress-free, Charm City Builders is here to help.