Bogus PropNex Property Agents Ask For $1,000 Before Viewing Units, Tenants Urged To Be Vigilant

[kobayashiGT]

Source: https://mustsharenews.com/propnex-property-agents/

Scammers Pose As PropNex Property Agents

The internet has made many things faster and more accessible for us, from renting a house. However, some may exploit this convenience to scam others.

Recently, an alleged property scam has come to light.

It involves a man posing as a property agent from PropNex and asking his victim to pay a $1,000 deposit before viewing the house.

In response to this, PropNex key executive officer Lim Yong Hock urged the public to avoid making payments before viewing a unit.

‘Property agent’ did not show up for house viewing

Speaking to Shin Min Daily News, Mr Lim said revealed that they received complaints of bogus PropNex agents and their unscrupulous practices to earn quick cash from potential tenants.

These ‘agents’ would use the photo, name, and licence number of a legitimate PropNex property agent on rental websites. But, they would use their personal mobile numbers to liaise with clients.

When a victim contacted one such ‘agent’, they needed to pay a $1,000 deposit before arranging to see the unit. The ‘agent’ told them that they would be refunded after viewing the house.

However, on the day itself, the victim waited for over 1.5 hours at the appointed place. But the ‘agent’ failed to show up and was uncontactable.

PropNex was alerted about the scam when the victim contacted the actual property agent and said he would report the matter to the police.

Clients urged not to make payments before seeing the house

Mr Lim stressed that property agents are not authorised to handle cash transactions. Therefore, no payments should be made before a house viewing.

If a client decides to rent a house, they should sign a Letter of Intent (LOI) then pay a 1-month deposit. The property agent and client will then have to sign a tenancy agreement.

Clients can also verify the legitimacy of a listing by ensuring that the contact number matches Council for Estate Agencies (CEA)’s website, where details on agencies are listed.

Mr Lim stresses that PropNex does not tolerate such scams. They would report such cases to the police.

Remain vigilant when renting houses

Getting your own place is one of the most significant milestones for many people.

However, it is important not to get caught up in the excitement and remain vigilant, especially when money is involved.

If you have any doubts about the legitimacy of a rental listing, you can check if the agent is registered on CEA’s website.

[kobayashiGT]

Woah. next time view car need to pay deposit first anot? 
🤣

 

[1fast1]

[Soya]

36 minutes ago, kobayashiGT said:

Woah. next time view car need to pay deposit first anot? 
🤣

 

Oredi liddat w some used car dealers. Agree on price, pay deposit then can test drive. WTF.....

 

[Watwheels]

Does the agent have a foreign accent when he/she speaks?? Pretending to be Chinese with a Chinese name? Omg they are here in Singapore! 

[Tianmo]

7 minutes ago, Soya said:

Oredi liddat w some used car dealers. Agree on price, pay deposit then can test drive. WTF.....

 

That one is ATB right? 

 

[Soya]

1 hour ago, Tianmo said:

That one is ATB right? 

 

Lol....i beri innocent so can't comment

[Tianmo]

11 minutes ago, Soya said:

Lol....i beri innocent so can't comment

Action To Buy,  aka ATB is not innocent meh?  Same same OTP mah.  

Dirty minds always try hard to be seen as clean ones.  That's why I am the demon, I admit I am dirty. 

 

[Inlinefour]

Nowadays buy lolex same pattern leh 

 

must pay deposit first 

 

then can meet to purchase one 

 

pressure selling 

 

if you don’t like after meetup 

 

deposit gone 

[BanCoe]

18 minutes ago, Inlinefour said:

Nowadays buy lolex same pattern leh 

 

must pay deposit first 

 

then can meet to purchase one 

 

pressure selling 

 

if you don’t like after meetup 

 

deposit gone 

Try Timex or Casio lah 😆 

[Mkl22]

3 hours ago, kobayashiGT said:

Woah. next time view car need to pay deposit first anot? 
🤣

 

view car no need. but test car MUST!!! 🤣

 

ask these used car dealer to Go to Hell

[Fitvip]

4 hours ago, kobayashiGT said:

Woah. next time view car need to pay deposit first anot? 
🤣

 

Make joining MCF to pay as well?

[DOBIEMKZ]

4 minutes ago, Fitvip said:

Make joining MCF to pay as well?

Pay to post.

[Fitvip]

8 minutes ago, DOBIEMKZ said:

Pay to post.

Now is Paid to post!

[Tianmo]

17 minutes ago, DOBIEMKZ said:

Pay to post.

1 cent one post,  more than 5 likes get 50% discount,  more than 10 likes get free post.  

More than 5 dislike pay double,  more than 10 dislikes pay triple.  

Credit term 30days from last day of last calendar month, credit limit $10, more than 45 days aging account auto suspended until payment make good. 

And then you see some ppl never understand what is free post,  they only know what is pay triple. 

 

Edited March 1, 2022 by Tianmo

[BanCoe]

15 minutes ago, Tianmo said:

1 cent one post,  more than 5 likes get 50% discount,  more than 10 likes get free post.  

More than 5 dislike pay double,  more than 10 dislikes pay triple.  

Credit term 30days from last day of last calendar month, credit limit $10, more than 45 days aging account auto suspended until payment make good. 

And then you see some ppl never understand what is free post,  they only know what is pay triple. 

 

How to gib U 10 dislikes for this post 🤣🤣🤣……. Small change for U lah 🤣🤣

[Jamesc]

Who kenna scammed huh?

I got some nice used cars for you!

[BanCoe]

Use @Mercs ……. He pay me $1,000/-to see property 🤣🤣