In South Africa, rental scams are on the rise, with criminals targeting tenants searching for properties online. These scammers pose as real estate agents, listing properties at extremely low prices on platforms like Facebook Marketplace and RentUncle. They request personal information and deposits, preying on people looking for affordable rentals. Common red flags include unrealistically low prices, pressure to pay quickly, and unprofessional communication.
For sellers, one of the best ways to verify an agent's legitimacy is by asking for a copy of their Fidelity Fund Certificate (FFC). This certificate proves that the agent is registered with the Estate Agency Affairs Board (EAAB) and operates legally. Verifying the agent’s FFC protects sellers from fraud, ensuring that they are dealing with a qualified real estate professional.
Additionally, if a seller is unsure of an agent’s credentials, they should contact the EAAB on their toll-free number (
0800 223 225 ). This extra step will help confirm the agent’s registration and safeguard the seller. Sellers should never allow access to their homes or let agents take photos until the agent’s credentials are confirmed. This can prevent potential scams and protect both property and personal safety.
Tenants and sellers are urged to report suspicious activities and stay cautious when dealing with unverified listings. Always make sure everything checks out before sharing personal information or making payments.
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