Now maybe what they were referring to is that it can’t be undone. You can’t challenge it like a card or regular check transaction. Which would mean that if somebody has scammed you into giving them a wire transfer nothing can be done. That’s part of why the real estate industry likes them. Once you wire transfer that money it’s THERE, you can’t get it back. Depending on how things go down they might refund it, but you can’t suck it back from your end.
May never purchase another home but if do make a purchase I will not wire transfer due to potential loss via transfer which was told no transfer has been lost but there was no guarantee the money was going to arrive per designated destination therefore for that reason I’ll never be a party to another wire transfer. The exchange will be handled another method or no meeting of the minds will occur