To verify a real estate company’s credentials, first confirm its licensing through state regulatory boards. Search for the company’s name and check if it is registered with the National Association of Realtors (NAR). Review online platforms like the Better Business Bureau (BBB) for ratings and complaints. Analyze client testimonials on sites like Zillow or Redfin. Request financial statements or insurance details to assess stability. Check legal histories via state courts or the Federal Trade Commission (FTC) for fraud allegations.

Checking licensing ensures the company operates legally, reducing fraud risks. A 2022 National Association of Realtors report found 85% of consumers prioritize licensed agents. BBB data shows companies with A+ ratings have 30% fewer complaints than those with lower scores. Financial transparency correlates with lower dispute rates, per a 2021 Harvard Joint Center study. Legal histories reveal past misconduct, such as misrepresentation or embezzlement, which the FTC attributes to 15% of real estate disputes annually. These steps protect buyers from financial loss and ensure ethical practices. For example, a 2023 FTC investigation found companies without proper licenses often charge hidden fees, costing buyers an average of $5,000 in extra costs. Prioritizing verified credentials minimizes risks and builds trust.