A sales
listing scam works similarly to a rental listing scam - the scammer creates a
fake listing for a property that either doesn’t exist or isn’t for sale.
In some
cases, the property is available for sale, but the scammer has duplicated the
details to try to take advantage of eager buyers.
These
criminals then convince would-be buyers to sign forged paperwork and hand over
money ahead of viewing the property.
Tips: Keep an eye out for warning signs such as refusing
to allow property inspections, a low large price or asking for payment ahead of
viewing the property.
Always check to ensure the person listing the ad
is real and check if the address exists and is for sale (by the person trying
to sell it to you).
Don’t make any payments before you inspect, and
don’t make any offers or payments until you receive the contract of sale for
the property.
If you have to make any payments, ensure it goes
into the real estate agencies' Trust Account, not to any other bank accounts or
even the person's personal account.
RealRenta has all the
tools that a property manager has but for less than ¼ the cost of a
property manager.
You can now manage your Residential, Commercial or
share/student accommodation property
Join now and the cost
is less than a cup of coffee a week to manage your rental property.
RealRenta also has a
free vision, so why not check it out.
Jason Gwerder
Saturday, 18 May 2024
