Weekend Argus (Saturday Edition)

Budding renters must beware of scams

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THE INTERNET is a useful tool, but it has also made it easier for criminals to prey on prospectiv­e tenants – with the number of incidents on the increase.

Adrian Goslett, regional director and CEO of Re/Max of Southern Africa, says a criminal element uses the internet to scam potential tenants out of their hard-earned cash.

How do rental scams work? Scammers will attempt to get money from a potential tenant for a property that they are not legally in a position to let. The fraudsters will place an advertisem­ent for a property, usually offering a great deal to lure a victim. Often the advertisem­ent will include photos of the property, and in some cases, the scammers will include a copy of a fake contract which is ready to be signed. The scammers will ask for a deposit and possibly the first month’s rent be put into their account to secure the property.

Once the unsuspecti­ng tenant has transferre­d the agreed amount, the scammers disappear.

Goslett says there are ways for vigilant tenants to reduce their chances of becoming rental scam victims. He provides a few tips:

Even if the property is listed on a reputable website, it could still be a rental scam, so keep your guard up at all times. Crafty rental scammers are resourcefu­l and often manage to get their listings on to search portals. Also trust your instincts.

Tenants should contact the numbers given by the landlord or rental agent to ensure that the office exists and is part of the brand they say they are representi­ng. Red flags to watch out for:

Don’t transfer money with- out meeting the landlord or rental agent and seeing the actual property. It is best to inspect the property before any money changes hands – know what you are paying for. A red flag should be raised if the landlord expects payment purely based on website images alone.

Landlords and agents will have a vetting process, which will include a credit check, before they select a tenant.

Be wary of landlords or agents who want an excessive deposit or too many months’ rent upfront, or are never able to meet and show you the property in person.

A lease is an essential contract that protects both parties, so don’t trust a landlord who says there is no need for one.

Before signing a lease, have a lawyer review it.

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