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Philippines rental scams: what to look for and how to avoid them

The internet is a great resource when it comes to finding your new home. However, there are also a number of Philippines rental scams out there. Unscrupulous individuals are looking to take advantage of unsuspecting people searching for a new home. Renters are particularly vulnerable since many aren’t even aware of the scams being used. If you’re in the market for a new place to rent, keep an eye for the following and take steps to avoid them.

Philippines rental scams

Fake credit check

One of the most common scams involves a person posing as a landlord requiring you to submit a credit check. They will then either send you a form to fill out asking for personal information or simply ask you to send it in an email. This information usually includes credit card numbers and personal ID numbers that are then sold off or used.

This is an extremely popular tactic on websites that do not require any type of personal verification since the scammers want to avoid being detected. Using property portals is the best way to avoid this scam since sellers have to provide contact details before posting a listing.

Asking for a deposit

Another common online scam involves a landlord asking for the initial deposit before letting someone see the place. They will also request to be paid via Bitcoin or another form of online payment. Overseas renters who plan on moving to a new country are particularly vulnerable to this scam. Remember, never pay a deposit until you have seen the place in person.

Duplicate ads

Some agents take property listings already online; copy and paste the information and photos; and then claim it is their own. This scam is more annoying than nefarious as it is usually done by real estate agents usually working a bait-and-switch angle. You will inquire about the property only for them to tell you it has already been rented out. They will then try to show you other properties they represent.  

What to do?

It’s easy to fall for these Philippines rental scams. You can avoid them by being vigilant. Here are some tips that can help you avoid these scams: