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!
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