There are plenty of real estate scams floating around, and the Internet has made it that much easier for people to post bogus ads and misleading content. Spotting these ads can be difficult, especially since many of them look valid. The key is to pay attention to the particular words used in order to flag those that are questionable. As Dean Graziosi points out, certain terms are often used by real estate agents to convince potential buyers a home is in better condition than it actually is.
When viewing real estate ads, one great rule of thumb is to look only at those you know come from a trusted source. While there are a lot of sites out there that allow people to advertise homes for sale, not all of the ads are valid. You want to stick to those listed by real estate agents.
Pay close attention to the verbiage used in the ad. This is extremely important, especially since there are a lot of key terms and phrases that frequently appear. You’ll want to know what you might be getting yourself into upon reading the ad. This will help you decide whether or not a particular property is worth viewing.
Some real estate agents will also leave certain details out of the ad so readers will feel compelled to contact them to learn more. As Dean Graziosi points out, “Some agents believe that leaving information out of the ad will entice buyers to contact them for the missing information.” In a case like this, you could probably keep searching the Internet for the missing information, as it is probably available somewhere within your reach. This would eliminate the need for you to call the agent to get it.
If you’re in the market to rent a property, beware of all the Internet scams that exist there as well. A lot of people looking for tenants will advertise on a variety of valid websites. Still, there are those that are not legit, and knowing how to spot them is important.
Unfortunately, there are people seeking to steal money by advertising an alleged property for rent on a valid site when, in actuality, no such property exists. When reading ads, pay close attention to all the details no matter how minor they may seem. For example, if the Email address listed for contact doesn’t look like those you are accustomed to seeing in ads, you might have a good reason to wonder. Also, ads that don’t provide much in the way of actual information may signal a scam.
Read through all ads carefully. If it looks questionable, chances are it probably is. Compare any questionable ads you see with others you know are valid to figure out what information might be missing from the one causing you to wonder. Be sure to check out Dean Graziosi’s post on this topic for more information about misleading phrases to be aware of when perusing Internet ads.