Each year, the rental industry experiences a large number of complaints about rental scams. As a trusted advisor among the industry, we would never want to hear of a Fred Leeds scam. We work hard to raise awareness and educate apartment hunters on the apartment rental scams in the marketplace—this blog is one of our key efforts in educating the public. There are myriad scams going on across the country—one of the strategies that rental scammers often employ is to list a “fake rental,” to collect leads that they can then market a higher price, “real” rental. This enables these scammers to receive a ton of inquiries and email addresses to use for their marketing needs. This practice is something that Fred Leeds Properties frowns upon immensely and in no way practices this behavior—we’re not looking to have a Fred Leeds scam! One way to not fall for this type of scam is to look at the average rental rates of similar properties in the area of a listing that just looks too good to be true. Avoid sending the listing agency your personal information!
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