Rental Home Suite | Craigslist Rental Scams: It’s Worse than You Thought
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Craigslist Rental Scams: It’s Worse than You Thought

Craigslist Rental Scams: It’s Worse than You Thought

tandon_long_colorThere is no property manager (like you) nor listing provider (like us) that is not aware of just how bad it can be when a scammer gets a hold of your property information and uses it to setup a fake listing on Craigslist.  We also know that Craigslist is trying to clean up their act, but in a recent NYU study the Tandon School of Engineering has found that Craigslist fails to identify more than half of scam rental listings.  This problem is particularly troubling in highly competitive housing markets where vacancy rates are shockingly low.  Most listing sites allow users to set up notifications when a property is available that meets their criteria and in these tight markets, desperate renters will do anything to find a place to live…especially the “too good to be true” model generally employed by these fraudulent Craigslist posters.

Here at RHPros we are always looking for ways to improve the security of your property listings and ensure the validity of listings on our site.  We primarily pull data directly from our customer’s property management system, and we only send your listings where you want them to go.  If you ever are concerned about one of our partner sites, please don’t hesitate to contact us.  We do allow our customers to post their data to Craigslist, but we always caution your team to use heavily watermarked photos and direct users to your website instead of posting phone numbers or direct contact via email.

This threat will likely never go away, but it is nice to see a group like the Tandon School of Engineering putting their collective minds toward finding a better filtering system and detection techniques that could be more effective than what we have today.

About RHPros

Whether you’re a property manager needing assistance in marketing your property, a potential tenant looking for the next place to call home, or simply looking for quality rental market data, the Rental Home suite has something for everyone.  Each product is interconnected for a seamless transition from product to product or can function independently from the suite.  Rental Home Properties, Data, Rent and Feeds has everything you need to take your rental property market intelligence to the next level.