Real estate and tourism brokers see rise in alerts

Based on the information that appeared in .com, there have been reports of scams by real estate brokers in Punta Cana. There was impersonation of a broker as the owner of a villa. Some victims paid large sums in advance and now have little chance of recovering the money. Brokers aim to collect commissions from banks.

R e1710707551625The fake owner signed a rental contract for a year at a high price. The real owner found tenants at his property unexpectedly. Scams and fraud are not uncommon in the area, including in sales outside of real estate.

Broker misconduct is not the only concern; owners and tenants also engage in unethical behavior. Stay tuned for more updates on these cases.

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Punta Cana Today, Real Estate Market News