Greycoat Real Estate Supports Educating Real Estate Agents Against Industry Fraud
Agents in the UK are receiving warnings that the cost for renting continues to rise, Greycoat specialists state. As a result, there are some tenants who may find themselves in a predicament.
Desperate times often lead to desperate actions. Some tenants may resort to falsifying information to qualify for tenancies. Unfortunately, the situation of higher rental prices may appeal to criminals with criminal intentions as well. This is what the Greycoat agency faces everyday.
An example would be subletting a property and simply walking away with the rent without fulfilling obligations. The Lettings Hub CEO plans to host a webinar to address growing rental prices. This, Greycoat explains, to keep agents and industry professionals aware of possible risks.
Greycoat shares more on this concern. They say that the purpose of the webinar is to impart the tools and knowledge to real estate professionals so that they can spot and prevent fraud. The goal is to make sure the real estate environment is fair to tenants and landlords.
The webinar will address growing fraud in the private rental sector, the importance of thoroughly screening and discovering any information the prospective tenant may be withholding, and how to correctly validate a person’s income. It looks to be a sharing of valuable information for real estate professionals. Greycoat, a company that specializes in developing and managing assets, supports webinars and any sharing of information that keeps the real estate industry a safe and respected place for sellers, buyers, and renters.