How to Avoid Common Rental Scams in Springfield, MO
Navigating the rental market can be overwhelming, and with the rise of online listings, it’s essential to stay vigilant against rental scams. Fraudulent listings can cost you time, money, and peace of mind. At Valiant Group, we care about providing safe, quality housing. Here are six tips to help you avoid falling victim to rental scams:
1. Be Wary of Deals That Seem "Too Good to Be True"
If a rental listing is priced significantly below the average market rate for the area, proceed with caution. Scammers often use attractive pricing to lure in unsuspecting victims. Research similar properties in the neighborhood to ensure the rent aligns with average market prices. Be careful browsing Facebook Marketplace listings that ask where you live and offering “homes in your area!”
2. Never Pay Without Seeing the Property
Avoid sending any money—whether for rent, or a deposit, —without first touring the property in person. Additionally, verify that the address exists and matches both the photos and the descriptions used in the listing. Scammers often use fake or nonexistent addresses to deceive potential tenants. The landlord should also be in Springfield, MO and offer to give you a walkthrough tour in person.
3. Be Cautious of Urgent Payment Requests
A sense of urgency can be a red flag. If a rental owner or agent pressures you to make payments quickly to "secure the property," take a step back. Legitimate landlords typically provide ample time for you to review the lease and make informed decisions.
4. Look Out for Poorly Written Listings
Rental ads riddled with typos, grammatical errors, or unusual phrasing may signal a scam. These errors often indicate that the ad was hastily put together or generated by someone unfamiliar with the local language or rental market. A good, quality ad is carefully crafted to attract a good tenant.
5. Avoid Listings Without Screening
Legitimate landlords and property managers usually require a credit check and a background check as part of the application process. If a listing doesn’t include these requirements, it could be a scam.
6. Report Suspected Fraud
If you come across a rental listing that seems fraudulent, trust your gut. If you fall victim to a rental scam, report it to the Federal Trade Commission (FTC). Filing a report helps protect other renters and enables authorities to take action against scammers.
Staying alert and informed is your best defense against rental scams. By following these tips, you can confidently navigate the rental market and find a home that meets your needs. Remember: if something feels off, trust your instincts and investigate further. For more tips and updates, visit the Valiant Guide.