Home > 2012 > Compliance Blog: Craigslist Scams

Compliance Blog: Craigslist Scams

CTMLS Compliance Blog Craigslist ScamWhile we continue to espouse the importance of Internet Marketing and the role that listing syndication can play in your online strategy, it is also important to remember that there are unscrupulous people that will try to manipulate information to scam unsuspecting home buyers/renters into parting ways with a financial deposit on a property.

This type of thing is happening on Craigslist. Criminals are gathering information from various sources online and then repackaging listings that are on the market for sale as rentals. The listing is posted on Craigslist under the guise that the landlord is in a real hurry to rent the property. Unsuspecting tenants are then asked for a deposit and the criminal takes off with the deposit.

The Connecticut Association of REALTORS® has published some detailed information on steps you should take to avoid this scam here.

Here are some things to consider if you suspect this scam is happening with one of your listings:

1.) Immediately check Craigslist and other similar sites for a possibly fraudulent rental listing

2.) If a listing is being displayed fradulently, contact the website immediately and report it as spam

3.) Alert your client that this has happened and assure them that you are taking care of the situation

There are many tremendous upsides to having your listing syndicated, but it is also important to keep in mind that the risk for unsavory things happening is there and should be monitored. This is happening to a very small percentage of our members, but it is happening. You can be proactive by following some of the steps that CAR has laid out at the link above and also being smart about which sites you syndicate your listings to.

If you have a further question about this scam or anything relating to it, please leave it in the comments below and we’ll answer it for the entire membership.

Posted in Compliance | Tagged , , | 5 Comments

5 Comments

  1. Posted August 17, 2012 at 9:34 am | Permalink

    I am always worried about getting scammed on Craiglist so I don’t use it that often but my father loves it. He is always buying something from there. He just bought a 1968 Chevy Nova off of Craigslist. He has wanted a Nova his whole life. Problem is, its all the way in Germany and we are in Texas. I found an overseas car shipping company that was willing to go and get it. He has no clue its on its way here, I can’t wait to see his face when the car comes rolling up.

  2. Jeff Clark
    Posted August 17, 2012 at 5:37 pm | Permalink

    Craigslist scams have happened on two of my listings. Craigslist.com is unresponsive to reports of scams, and does not make any effort to take them off their site when posted. I have also reported them to the police, who are also disinterested. Unfortunately craigslist.com is an important source of rental market listings in our area. It would be wonderful if someone could get Craigslist.com’s attention so that they would deal with these scam listings in an appropriate way.

    • Adam
      Posted August 20, 2012 at 9:41 am | Permalink

      @Jeff I am sorry to hear that you’ve had some difficulty. I wish Craigslist had been more responsive.

  3. Posted November 12, 2012 at 6:12 am | Permalink

    This type of thing is occurring on Cl. Scammers are collecting information from various resources online and then repackaging results that are available on the industry on the industry as leases. The record is published on Cl under the guise that the residence owner is in a real rush to lease the residence.

    • Adam
      Posted November 12, 2012 at 8:38 am | Permalink

      That is definitely what we are seeing. Thanks for your feedback.

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