190: The Unbelievable World of Wire Fraud and Other Title Talk
Hustle Humbly Podcast
Alissa Jenkins & Katy Caldwell
4.9 • 914 Ratings
🗓️ 27 March 2023
⏱️ 66 minutes
🧾️ Download transcript
Summary
The world of wire fraud is growing—and as real estate agents, we can't afford to ignore it.
In this episode, we sit down with title attorney Nikki Besian to break down everything you need to know about title insurance, surveys, and the very real risks of wire fraud in today's transactions.
From understanding the difference between merchantable and insurable title to hearing real-life fraud stories that resulted in massive financial loss, this episode is packed with practical insight that will help you better serve and protect your clients.
We're covering:
-What title insurance actually is (and why it matters)
-The difference between merchantable vs. insurable title
-Common title issues that can delay or derail a closing
-Why surveys matter more than you think
-How boundary disputes happen (and how to prevent them)
-What wire fraud is and how these scams unfold
-Real-life examples of fraud in real estate transactions
-How hackers gain access and manipulate email communication
-Practical steps to protect your clients and yourself
-Red flags to watch for in every transaction
Key takeaway: Your job isn't just to get to closing—it's to protect your clients along the way.
Resources & Links:
-Start Here (Free Database Template): https://www.hustlehumblypodcast.com/starthere
-Email Templates 101: http://emailtemplates101.com
-Agent Systems 101: http://agentsystems101.com
-All Resources: http://hustlehumblypodcast.com
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Community over competition. 💛
Transcript
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| 0:00.0 | Hey y'all, it's Alyssa. During this episode with title attorney Nikki Beeson, we discussed the dangers of wire fraud and other real estate scams. We have created another email template for you to send to your clients to better serve them. You can get this template for free right now at hustle humbly podcast.com slash wire fraud. By the way, if you are an email template owner, you will |
| 0:22.5 | automatically receive this template in your course. Check the show notes for the link. |
| 0:28.7 | But a lot of people think six inches are very important. Right. Right. I always sign my emails. |
| 0:37.1 | Have a great day. Yeah. Many people did not. Right. Right. I always sign my emails, have a great day. |
| 0:38.3 | Yeah. |
| 0:39.3 | These people did not. |
| 0:40.3 | Right. |
| 0:41.3 | I would never do that. |
| 0:43.3 | And then someone will call and say, you never responded to my email. |
| 0:47.3 | No, it was flag. |
| 0:49.3 | Your attachment looks sketchy. |
| 0:50.3 | I did not open it. |
| 0:52.3 | You are so smart. You do not need to be doing this there is a better |
| 0:58.7 | way and he hung up on me. Hi y'all welcome to hustle humbly it's Alyssa and Katie and we are two |
| 1:07.2 | top-producing realtors in the Baton Rouge market we work work for two different companies where we should be competitors, but we have chosen |
| 1:12.9 | community over competition. |
| 1:14.5 | The goal of our podcast is to encourage you to find your own way in business. |
| 1:18.2 | So stop comparing yourself and start embracing your strengths. |
| 1:22.0 | Hi, Alyssa. |
| 1:22.8 | Hey, Katie. |
| 1:23.4 | It's episode 190. |
| 1:24.7 | Wow. |
... |
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