Real Estate fraud is rising: How to regain control of your closings in the Age of AI

Deed fraud used to demand real skill, and the people who had it were rare enough to be tracked. Generative tools changed the volume rather than the technique, so attempts now arrive continuously. More than $145 million was lost to real estate scams in 2023, and there is a person at the end of every one: usually an owner who finds out that land in their name was sold by a stranger, often someone elderly or someone who inherited a parcel they visit once a year.

Over 45 minutes we will cover how Defend and Identify apply here, plus practices that protect your lender and agent partners. Here is what we will get into:

• Generative AI lowered the cost of producing forged deeds and synthetic seller identities, which raised attempt volume without changing the underlying scheme.
• Document-level review cannot catch a deed that was generated correctly, so the control that holds is verifying the person claiming to own the property.
• Seller identity verified at intake keeps a fraudulent file from consuming title work and marketing spend.
• Vacant and absentee-owned property carries the highest impersonation risk, because the real owner is least likely to notice in time to stop it.