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Holiday Rental Scams - How To Avoid Taking The Bait

By
Services for Real Estate Pros with Cancasa

As we spend much of our lives now online, it has become natural for us to share sensitive and personal information.

According to the INCIBE (Spanish National Institute of Cybersecurity), cybercrime over the last three years has increased by 1,200% from 18,000 to 120,000 incidents. One of the industries that is heavily targeted with cyber-attacks includes the tourism industry.

Below are some important tips on ways to keep your information and yourself safe and how to avoid becoming the next victim of holiday scams this summer.

Top Tips

The legitimate websites for holiday rental will feature:

1. Ample security measures on the site. Make sure the site is “https” secure.

2. A physical address and phone number, and not only a chatbot communication option and an email.

3. The company must be reputable with an online reputation that is positive.

4. Payment methods that are secure that use only reputable or accredited online-payment methods.

5. The properties are verified as real and they are on offer through an authorised agent or owner.

6. A review system online that only permits “real guests” to post their reviews.

The Red Flags

You need to be really cautious when booking your accommodation when:

1. The price seems “too good to be true” or there is urgency in making the booking immediately.

2. The site is still new.

3. The site does not feature a “https” security level.

4. You are unable to communicate with company employees, and your only form of communication is via email.

5. There is no physical address for the business provided.

6. The agent or owner wants to confirm the booking, communicate or take your payment through email instead of using a secured-communication platform.

7. The payment for the booking is requested through Western Union or Bank Transfer.

 

This current rental scam list gives you an idea of the gravity of the situation with these fake property rental sites that have been duping holidaymakers out of thousands of euros.

Avoiding holiday rental scams needs some background checks and a little bit of time to see if there are any suspicious signs that the site is not legitimate. Some of these scam sites fool many people looking for rentals for their vacation and the scammers rely on a combination of incredible prices, quality images, and official logos to win over their victims.

A friend of mine who repairs laptops in Hove, in the area I grew up, was the victim of a holiday rental scam too so it goes to show that even savvy people can get fooled also.

Have you ever seen one of these scam sites on your travels online?

Leave a comment below and share your experience if you have.

 

 

Posted by

Peter Spain

After following the property sector for several years especially in Spain, I came to understand the cycles and all the attendant peaks and troughs that come with it.
I now focus my efforts on helping established local agents with their online presence and visibility. Several Spanish agencies are benefitting from the attention to detail and meticulous research that I provide which forms part of the marketing strategy I offer.

 

Comments(3)

Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Its been happening for a while.

you have no idea of the gravity of the situation is with fake property rental sites that have been duping holidaymakers out of lot of money.

Avoiding holiday rental scams needs some background checks and a little bit of time to see if there are any suspicious signs that the site is not legitimate. Some of these scam sites fool many people looking for rentals for their vacation and the scammers rely on combination of incredible prices, quality images, and official logos to win over their victims.

Jul 31, 2018 04:14 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

All excellent points Peter Spain . Thanks for posting these warnings.

Aug 01, 2018 01:58 PM
Peter Spain
Cancasa - Punta Cana, DR

Thanks Bob. The website with the list of scams is run by me to help people avoid potential scams. I feel we sometimes have to protect those who are vulberable, even if we put ourselves in danger.:)

Aug 01, 2018 02:15 PM