Tuesday, 27 October 2015

Letting Agents Using Ghost-Listings

Some letting agents in London are creating fake adverts duplicating pictures of properties to lure prospective renters. A regulatory body says the practice, known as ghost-listing, is on the rise because of the "massive shortage of housing" and "huge influx of people". One homeowner found her own flat marketed for rent on a website. Lawyer David Smith says the practice is illegal but very difficult to police. It involves agents stealing listings from competitors' websites, and in some cases using details of homes not currently on the market. The Association of Residential Letting Agents (ARLA) said ghost-listing was on the rise because of a lack of rental stock. Read more on the BBC website.

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