The Real Estate Institute of Victoria (REIV) is warning people to be on the lookout as a fake rental scam has resurfaced with prospective renters targeted through fraudulently modified rental listings on social networking sites.
Reports indicate that scammers copy genuine listings and share them with altered rents, tenancy conditions, and contact details to appear legitimate.
The REIV urges renters seeking properties on social networking sites to check before they engage.
Before transferring any money for the bond, first month’s rent, or any personal or sensitive information, renters are urged to verify the agent’s website, office location, and contact details.
They can do so by referring to established sources such as the REIV – Find & Choose a Member, the Business Licensing Authority, or
Consumer Affairs Victoria.
“Scammers are becoming increasingly sophisticated, and it is important that we all take the necessary precautions before we engage,” REIV chief executive Kelly Ryan said.
“One of the ways to verify a legitimate listing is to look for an agency-specific internet domain, as scammers prefer to use personal emails.
“It is good practice to seek out the agent’s contact details directly from their website or by calling the registered office. If in doubt, REIV members and their
contact details are listed on reiv.com.au.”
