Real Estate Leads/ Mortgage Lead Generation Scam: How It Works
(with video below) Mortgage lead generation and fake services. This year, one of the biggest scams around is the Real Estate Leads or Mortgage Leads Generation scam. Let's take a closer look.
You come across a company that promises a great opportunity to make money. They will set you up with a website showing properties to sell or rent, meant to harvest leads for mortgage companies.
Depending on how many leads you generate by operating your website, you could earn up to $80 per piece.
The scam occurs when the company offers you a promotion campaign for your website worth $10,000, for only $4,000. As several fake testimonials guarantee that you can generate hundreds of leads, you do the quick math and decide to join the program.
After months of struggling with this, you'll realize you've been scammed, as you will be paid – but just a little bit – enough to keep you going, to harvest leads for them. This – having your info harvested – is another scam itself, described the Real Estate Website Login scam.
Watch the video below to see in action the Top 3 mortgage scams exposed:
Real Estate Leads/ Mortgage Lead Generation Scam: How To Avoid
Always research the name of the company who hires you, regardless of the industry. With the advancement of technology, you will be amazed to find out many comments, opinions, or even reports there are.
Scammers can't get away. Just make sure the feedback is legitimate. The mortgage lead generation is still going strong in the industry.
Real Estate Leads/ Mortgage Lead Generation Scam: How To Report
Make your family and friends aware of this scam by sharing it on social media using the buttons provided. You can also officially report the scammers to the Federal Trade Commission using the link below:
How to protect yourself more:
If you want to be the first to find out the most notorious scams every week, feel free to subscribe to the Scam Detector newsletter here. You'll receive periodical emails and we promise not to spam. Last but not least, use the Comments section below to expose other scammers.
Related Articles and Pages:
Verify a website below
Are you just about to make a purchase online? See if the website is legit with our validator: