How to avoid scams when renting or buying property | IOL Business Report

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How to avoid scams when renting or buying property

DURBAN - The real estate industry has benefited from technological advances on the one side, but on the other side it has also made it easier for scammers to prey on unsuspecting buyers, sellers, landlords, tenants and agents.

4. When the agent/landlord keeps stalling/ignoring you or not getting back to you within a reasonable time frame. 6. When you can’t find any information on the “agent” on the internet or when the agent does not provide an office number and email address in addition to their cell phone number.8. When you can’t find info on the real estate agency online or their website seems amateurish.

2. When the agent or seller does not want to disclose their location of offices or when they are of no fixed abode.4. Inconsistency in the paperwork i.e. land size, description, registered owners etc.

 

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