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Screening and Identifying a Quality Rental
Rental
Finding a tenant that meets all the properties’ requirements must be complex. The selection process can be divided into the following parts:
- Preliminary examination
- Rental application
- Credit and career confirmation
- Confirmation of salary and employment
- Contact information
Pre-screening
The prescreening procedure can be divided into three sections.
Rental posting itself
Express requirements to prevent mismatched tenants. You should be able to draw the most suitable renter possible. Therefore, you need to perform credit and identity verification. You must request the candidate to pay for the credit check. This shows that they are financially stable.
First contact
This is usually done by email or phone. You can ask related questions and select more tenants that are real tenants. Topics include reasons for moving in, date of move, salary, pets, smoking, flatmates, and more. In addition, please inquire whether we will apply for rental at the first meeting.
Displayed properties
Ask additional questions and check for incompatibilities during interviews with candidates. We will inform you of any inquiries regarding the applicant’s timeliness, appearance, properties, and ask again if you are ready to pass your background and credentials. Finally, measure their interest. If all these sections are what you want, this is an ideal opportunity to submit a rental application to your candidate.
An important factor to keep in mind when screening tenants is to comply with government regulations. No distinction can be made based on country, religion, gender, family status, or handicap protected class categories. Also, make sure you are consistent with your screening procedures. For example, treat each candidate the same and make sure that everyone has certain prerequisites.
While screening the tenants for flats for rent while the final decision is left with the homeowners. Choosing the right tenants who will love and take care of your home like it was their own is essential.
Rental application
The rental application must consist of a name, email address, and phone number. Then there are four important questions.
- Is there some loan default at some point?
- Did you always get a legal criminal sentence?
- Have you been banished?
- Have you ever refused to pay rent?
Please note that a quality tenant should be held responsible, completely debt-free, and not an obligation for you and your neighbors.
The rental application should also include work experience. This is a key indicator of being completely debt-free, indicating a good tenant. Candidates must provide two current and past employment histories.
To understand the candidate’s rental behavior, the rental application should also include the applicant’s rental history. If applicable, it is recommended to ask the contact details of the former homeowner at up to three addresses.
Finally, you need a signature. There are two reasons for this. One is to make sure all the details given are correct, and the second is to allow the candidate to contact the reference in the application.
Credit and career confirmation
To avoid tampering details with credit reports and background checks, make sure you process them through a trusted company. You can go through an online company, or if you know a real estate agent, they can help you and give you a review. In addition, identification is required to provide the criminal record of the applicant.
Confirmation of income and employment
Once you receive the applicant’s employment history, you will need to contact your employer. You can contact us by email or phone. Contacting by phone is the best and most direct approach to help you collect additional details.
When contacting a former employer, ask why the applicant has retired. If you notice irregularities in your application’s answers, be very careful. This may indicate that there may be negative experience with the expected tenant.
If for any reason you are unable to contact your employer, you will have to rely on credit and identification, including your employment history.
Contact information
Once you have all the details above, it’s time to contact the landlord’s contact information. Contacting the homeowner, current or previous, will provide useful details and an understanding of future tenant behavior. When talking to their last landlord, do you first need to make sure they rented property with them?
If the candidate has no landlord, for example, a recent college student with little or no rental information, then a major credential and employment history should work.
Leave your worries behind and manage your property with MultiLiving to find the best tenant for your vacant apartments.
Harper Harrison is a reporter for The Hear UP. Harper got an internship at the NPR and worked as a reporter and producer. harper has also worked as a reporter for the Medium. Harper covers health and science for The Hear UP.
