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Fort Lauderdale Real Estate News | Wilton Manors Realtors | Henri Frank

Money Matters: Tips from the Federal Trade Commission

Fort Lauderdale Real Estate News | Wilton Manors Realtors | Henri Frank

Florida’s Senator Bill Nelson has informed us that the Federal Trade Commission has recently set up a website to help consumers to avoid scams and predatory policies. I have been selling real estate here in South Florida since 2005 when the market was nearly at its height. I had come from the Northeast, where too, the market was strong. However, it appeared here in Fort Lauderdale, Wilton Manors and in Miami Beach, the areas of high concentration for me, the number of schemes and shams to purchase real estate in South Florida was extraordinary. And many resident’s of Broward County, Miami-Dade County and Palm Beach County had fallen to these unscruptulous companies. I had seen a lot of myself, warning perspective buyers and sellers not to become prey to these companies.

Much of these businesses are far gone and we in the industry are left with the ruins, still cleaning up the mess that was created. One of the things that we must focus and be more aware than ever, “we cannot repeat the same mistakes!” As Realtors and professionals in this business, it is our ethical responsibility to be sure our clients are well-informed.

We at the Henri Frank Group at Remax Preferred endorse the efforts of Senator Nelson. And this website by the Federal Trade Commission of the USA is important. It becomes another tool for homeowners and those becoming homeowners, perhaps for the first time, to make themselves aware. Our Realtor group located through out South Florida all are advocates to stopping these fraudelent and predatory sales and marketing.

We bring to you this new website. This is what Senator Bill Nelson had to say in his latest email to us, “While Congress is working to make sure responsible homeowners who engage in short sales do not face a tax bill, we also must educate struggling homeowners about shady outfits claiming to offer financial assistance. I am pleased that the Federal Trade Commission set up a website to help homeowners avoid scams and predatory business practices.”

To learn more, please visit the following website:

For more information on the Real Estate Industry, local Real Estate News and a property search, please visit the website of the Henri Frank Group.
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