One of the strategies of rental scammers is to price the â€˜fakeâ€™ rental below the average rental rate in a specific market. This allows the scammers to receive as many emails or inquiries as possible.
One way to see if a rental is too good to be true is to look at average rental rates for like properties within that area. rentBits has a rental rates tool that currently offers rental rates for over 4,000 cities in the US. The only way to defeat scammers is by eliminating their economic incentives to continue scamming.
There are commonalities with all rental scam emails. Below are some tips when dissecting a rental scam email.
1.Does the email start out with Sir / Madam?
2.Are there misspellings in the email?
3.Are there character mistakes in the email? i.e Hello,my nameis Susie.
4.Is there excessive capitalization?
5.Does the email reference God, UK, Cashiers Check, Doctor, Nigeria, Reverend, etc.
6.Is the email from a free email provider. i.e gmail, yahoo, aol, hotmail.
7.Does the email refer to another person or agent?
8.Does the email reference wanting to move in site unseen?
If the email has a majority of the, these commonalities, then the chances are very good it is a scammer. If you are unsure, it is best to not reply to the email.