Jun 28, 2022
It’s hard to tell at first.
Something seems a little fishy but not enough to lead you to
believe that someone is out to fool you. Not from the start anyway.
These days there aren’t many areas of life that haven’t been
infiltrated by someone or something trying to take advantage where
they can and ultimately take things that don’t belong to
them.
Scams happen with Airbnbs and short-term
rentals as well. And there isn’t just one way they’re doing it. An
important thing to take note
of is that scammers are smart and always adapt.
Just recently, for example, a
scam at the start of 2022 affected 587 individuals and tallied up to a whopping
$2.7 million in lost money. $2.7M lost with just one fraudulent
scheme!
So we need to be careful.
As scammers are getting
increasingly sophisticated in their attempts to fool people around
the globe and with the rise
in demand for rentals, this industry is now more prone than ever to
fraud.
It’s
crucial that we watch out for any potential risks to avoid becoming
vulnerable to scams, even to those already staying with us. This is
an important topic, so this week, we’ll talk about
- Warning signs to look out for
- Most Common STR scams
- OTA ways of protecting us (and who does it the best)
- General tips for preventing scams
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