Friday, April 23, 2010

Public Notice

Texas Real Estate Commission Warns Public of Real Estate Brokerage Scams in Dallas/Fort Worth Area

Information released by TREC, April 1, 2010

The state real estate commission has received complaints against a group of individuals and companies that have been doing business in the DFW area. These individuals and companies have represented themselves as real estate agents and real estate brokerage companies but do not carry the proper Texas real estate licenses.

Owners of property, tenants, buyers, and investors claim to have paid money to the group. Additionally, the claims have been made takes and retains deposits for properties for which they have no control or authority in. In rental situations, the alleged do no pay rent to property owners on property they claim to manage. They take deposits or earnest money on properties that they claim are available for a short sale but in reality are days from foreclosure sales.

As a consumer, before providing personal information, money, or financial information to a person claiming to be a real estate agent, verify the identity of the person and the validity of their real estate license. License information may be obtained by visiting TREC's website,, or calling TREC directly at 1 (800) 250-TREC.

Contact the Grove Team for all of your real estate needs:

Office (817) 337-0000


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