Florida Attorney General Ashley Moody continues her 2024 Summer Scams Series: Sunny Days and Shady Deals to educate Floridians about common summertime scams. In the latest installment, Moody warns about vacation rental scams.
According to the Federal Bureau of Investigation’s 2023 Internet Crime Complaint Center Report, real estate scams, including short-term rental schemes, resulted in nearly $150 million in losses nationwide.
“Summer should be a time for relaxation and fun in the sun, but swindlers can turn dream vacations into nightmares,” said Attorney General Moody. “We are continuing our Summer Scams Series: Sunny Days and Shady Deals with a warning about rental scams. Remember, always be cautious when booking online and beware of too-good-to-be-true offers.”
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Scammers often exploit the high demand for vacation rentals during the summer by posting fake listings for properties that are not available for rent. These fraudulent listings can appear on legitimate rental websites and social media platforms, making them seem like genuine offers.
To avoid falling victim to vacation rental scams, Attorney General Moody advises:
Verify the Listing: Use reputable vacation rental websites and be cautious of listings that seem too good to be true, especially those with significantly lower prices than similar properties in the area.
Research the Property: Conduct an online search of the property’s address to ensure it is available for rent. Look for reviews and feedback from previous renters.
Communicate Securely: Use the rental platform for all communications and avoid transferring money directly to the property owner or manager. Beware of requests for payment via wire transfer, gift cards, or cryptocurrency.
Read the Contract: Carefully review the rental agreement, including cancellation and refund policies, before booking. Ensure all terms and conditions are clearly outlined before making any payments.
By following these tips, Floridians can better protect themselves from vacation rental scams and enjoy a worry-free summer.
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