Property scams to look out for in South Africa

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Property scams to look out for in South Africa
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Seeff Property Group has provided a list of red flags that buyers, sellers, landlords and tenants should be on the look out for.

From scam emails to confidence tricks, Seef said that scammers are getting smarter as they intercept emails, messages, banking apps, and more.

Johan Meyer, a licensee for Seeff Pinelands, said that buyers should never part with money or pay a deposit unless they have verified the request. The money should be held in a trust account, preferably that of the respective conveyancing attorney. Sellers also need to exercise caution when dealing with unscrupulous agents who claim to have a buyer for the property but fail to produce a written offer to purchase.

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