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Avoiding rental scam artists

Victoria’s Department of Consumer Affairs has created a video as a way to warn tenants about the dangers of getting scammed if the process of searching for rental accommodation online.

The good news is that if your search only takes in advertisements placed by licensed real estate agents, who operate under a strong legislative framework, you shouldn’t have any concerns about this issue.

The possibility of a rental ad being part of a scam does increase, however, if it appears to have been placed by a private owner.

According to Consumer Affairs, some of the warning signs to watch out for include: A landlord who asks for money before you’ve inspected the property; A landlord who asks for the bond or rent via a money transfer service; When the advertised rent seems much lower than you might expect.

It is worth remembering the golden rule here…If it sounds too good to be true, it probably is!

If you’d like to watch the video, you can go straight to it by CLICKING HERE