In today’s episode, I’m joined by Chris Sauerzopf, an entrepreneur who is tackling a very urgent and serious problem our industry is facing, wire fraud. His wire fraud elimination tool is going to MAJORLY change our industry for the better. About 1 in 450 real estate transactions reported a wire fraud activity or loss, with a whopping $221 million of consumers’ money lost to fraudsters. Trust is the backbone of our relationship with consumers as real estate professionals. The risk of wire fraud could make them completely lose confidence in what we do with their money as an industry . 

 

Chris is the co-founder and creator of SafeWire. As a licensed title agent and co-owner of World Class Title, Chris recognized the potential threat of real estate wire fraud. Chris has been in real estate since 2004 and has a degree in Industrial Design from the Columbus College of Art & Design. He has been a licensed real estate agent, notary and is currently a licensed title agent. World Class Title has used SafeWire successfully to protect millions of dollars in settlement funds. 

 

SafeWire exists to ensure every real estate transaction is fraud-free. Unlike other fraud prevention products, SafeWire begins at day 1 of the listing. SafeWire is the only product available that reaches across multiple segments of the transaction from real estate brokers to title agents. SafeWire and SafeWire Assurance guarantees proceeds up to $1Million. In addition to World Class Title and SafeWire, Chris enjoys spending time with his daughter and loves being in the woods.

 

Wire fraud is a HUGE issue for everyone involved in a real estate transaction. It’s a pressing issue for our entire industry that will hurt our clients and the integrity of the real estate transaction. Every aspect of the business of buying and selling homes is vulnerable to wire fraud. Knowing how it’s done and how we can protect ourselves is vital to us maintaining the trust and confidence of consumers. 

 

Website: Safewire.com 

Email [email protected].  

Guest Info

 

Chris is the co-founder and creator of SafeWire. As a licensed title agent and co-owner of World Class Title, Chris recognized the potential threat of real estate wire fraud. Chris has been in real estate since 2004 and has a degree in Industrial Design from the Columbus College of Art & Design. He has been a licensed real estate agent, notary and is currently a licensed title agent. World Class Title has used SafeWire successfully to protect millions of dollars in settlement funds. 

 

SafeWire exists to ensure every real estate transaction is fraud free. Unlike other fraud prevention products, SafeWire begins at day 1 of the listing. SafeWire is the only product available that reaches across multiple segments of the transaction from real estate brokers to title agents. SafeWire and SafeWire Assurance guarantees proceeds up to $1Million. In addition to World Class Title and SafeWire, Chris enjoys spending time with his daughter and loves being in the woods.

 

For more information, visit Safewire.com and email [email protected].