They are still happening: Real estate leasing scams continue to pose a threat to property owners in Texas, especially in the greater Houston area, prompting the Texas Real Estate Commission (TREC) to issue warnings such as this press release sent to more than a dozen news outlets—most of them based in the southeastern part of the state—including

The Texas Real Estate Commission is assisting the Texas Land Title Association (TLTA) in educating license holders of trending fraud scheme

Recently, the Commission was mentioned in a news story about a former license holder whose license was revoked by the agency. Although this kind of fraudulent behavior is not typical for TREC license holders, this serves as an important reminder that Texans should always investigate any real estate service providers they engage or work with. 

Before wiring money for an escrow deposit or to close on a home purchase, License Holders should make sure to talk with their clients to ensure they are sending funds to the correct recipient and account.  Consumers should not rely on instructions sent by email without contacting their broker or sales agent to verify the instructions are correct, since emails may be hijacked by potential scammers. Check out this article for more information on what to look out for and avoid.