Dorota Dyman & Associates Real Estate
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Dorota Dyman & Associates Real Estate: More funding is now available to fight real estate fraud | Storeboard

Dorota Dyman & Associates Real Estate: More funding is now available to fight real estate fraud | Storeboard | Dorota Dyman & Associates Real Estate | Scoop.it
More funding is now available to fight real estate fraudUpset with the rise in property crimes, and concerned about desperate home-owners--especially seniors...
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Upset with the rise in property crimes, and concerned about desperate home-owners--especially seniors--being victimized by scams, officials from the Santa Clara County District Attorney's Office said last week that they are taking a more active approach to real estate fraud and now have the resources to fight these crimes.

 

Deputy district attorneys Kim Connors and Mike Fitzsimmons asked real estate agents for their help in fighting real estate fraud.

 

Realtors are in the trenches and know what is happening to homeowners. "You are our eyes and ears," said Connors.

 

Real estate fraud has been on the rise since the mortgage meltdown. "Desperate homeowners are ripe to be victims of loan modification and other scams," said Fitzsimmons.

 

The good news is the district attorney's office now has more funds to fight property crime issues. Fitzsimmons explained financing to fight real estate fraud comes from recording fees. Before this year, $3 from each recording fee went to the unit; this year, $10 will go to toward real estate fraud prosecution.

 

The increased funding has allowed the office to beef up its real estate fraud unit with four prosecutors, three full-time paralegals and seven investigators. One paralegal is solely engaged in reviewing changes in titles, sending out letters to homeowners verifying authenticity, and letters to homeowners who have received notices of default, with information on what they can do and victim prevention tips.

 

"We have a lot more money to work with and will be hiring more attorneys and investigators. If you see suspicious activity, report it to us. With new funding, we now have the ability and higher capacity to deal with these crimes," said Fitzsimmons. 

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How to run a real estate business - Onitiri-Coker

How to run a real estate business - Onitiri-Coker | Dorota Dyman & Associates Real Estate | Scoop.it
Olumide Christopher Onitiri-Coker, the CEO of The Buyer’sBuyers in London, in this interview with RUTH OLUROUNBI, chronicles his eight years an entrep...
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Olumide Christopher Onitiri-Coker, the CEO of The Buyer’sBuyers in London, in this interview with RUTH OLUROUNBI, chronicles his eight years an entrepreneur in real estate market, while giving insights into what budding entrepreneurs need to know about the market.

 

How has your real estate business fared in the last eight years?

 

Good. Yet challenging, because the market is so dynamic, therefore, the unexpected is always around the corner. One day you could be looking at your phone wondering, why, no calls and half hour before the office is about to shut, a customer can just ring, ready to buy, which may force you to work for an additional five hours.

 

How did you get into the business?

 

It took me a while before I found a job in the market, as people kept refusing me. Every agency wouldn’t give me the chance, with no professional experience. Luckily, through being at a friend’s house one evening, a chap who’s best friend owned an agency, just around the corner from where we were, said ‘dress like that, go and see him, he will give you the job’.

 

So I went and started on the most basic pay. I had deal closed in the first two months, but, suddenly I popped my cherry.

 

I sold a two-bedroom flat in Marylebone to a prominent Australian guy, who, after a while, realised I was guessing what to do at every step.

 

I must note, my boss at the time warned me I will have to swim in the deep end and cover a lot of things on my own.

 

But how did you figure real estate business is what you should do?

 

Well, I believe it’s in my DNA, because even my forefathers, Onitiri, they were land owners. My Uncle Sumbo has a real estate business in Abuja and Lagos for over 20 years and for me, real estate makes sense. It’s such an easy business to understand and anybody regardless of age or gender can participate.

 

Continue reading: http://www.tribune.com.ng/news2013/index.php/en/component/k2/item/27599-how-to-run-a-real-estate-business-onitiri-coker.html

 

Related article:

http://www.apsense.com/article/dorota-dyman-associates-real-estate-police-warn-of-online-real-estate-scam.html

http://www.goodreads.com/group/show/119495-dorota-dyman-associates

 

 

 

 

 

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