As a Phoenix Property Management Company, we know how important it is to show prospective tenants rental properties. Today we focus on how to show a property properly and detail what the correct information to get from a renter at the viewing for qualifying purposes.
Procedures to follow in showing rental properties
If tenants pre-qualify and are still interested in the property, now is the time to schedule a viewing. As a Property Management Phoenix Company the following step is very important, and consists of disclosing any important information concerning the property that may be different from normal. The reason, for doing this, is that unusual conditions could put off some prospects from leasing your property. It is better to reveal probable problems up front to save you time.
These prospects could be that the rental property does not include a fridge as for some tenants this could be a contract breaker. Nonetheless, if you make this known up front, at least you know beforehand that it is a no go instead of wasting your time driving out to show the property and waiting there while the people look at it.
If you have multiple groups of people interested in viewing the property, then it is better to schedule a group showing. This will save you time and show prospective groups of tenants that the properties sought after and if they snooze, they may miss it. Another great idea is to e-mail applications over to the viewer(s) to complete with all required information regarding to what they need to have ready if cash money orders, or application fees are relevant and all required income documents. This saves time when showing the rental property as you would then be able to get the required information at the viewing. This also helps the tenant to get hold of the fees required beforehand.
Make sure that the scheduled viewers have your contact details in case they need to cancel. Inform all viewers that you will be calling to confirm the showing and that it is important for them to confirm as well. Also, advise them that if they do not answer your call or call you back in 10 minutes then you will not be showing up. Arrive at the rental property at least half an hour before the showing.
Things to do before showing rental property
As a Phoenix Property Management Company, we know the importance of preparing a show house before the time, as you do not want your prospective tenants to walk into a stuffy home. Once you arrive at the property, make sure that the temperature is acceptable for summer, and winter months. Open up blinds and turn on lights, and if the property has a stuffy smell open up the windows if weather permitted, and spray some air freshener. If you find that a prospect does not like the property or is disinterested, ask them as to why they do not like it, or why they do not want to move forward with the rental agreement. They may not want to apply for personal preference reasons and may point out something valuable that other rental properties have to offer.
Moving forward with the rental agreement
If the viewer likes the property, they can now give you the completed application, employment documents, and an application fee. As a Property Management Phoenix Company, you know how important it is to make sure that the applications filled out and signed by all tenants over 18. Make sure that you have the following information on the application:
- Applicant information that consists of the Name, Cell number, e-mail, and drivers license
- Employment history should show current and previous employment if less than two years
- The residency history should show the last two years information and consist of the Landlords’ name, rent amount, and contact numbers
- Bank information should be present in the application
- Ask on the application if they have ever been evicted, asked to move out by a proprietor, broken a lease, or had not paid rent
- The signature must be present to obtain credit report and rental history information
Make sure that the following documents is handed in with the application; last two pay slips if they are W-2 employees, two months bank statement, two years tax returns if viewers are self-employed.
Adding an application fee is a good idea as this helps you to recover costs of administering the application. It also helps to guarantee that the people are serious about renting the property or apartment. Once you receive all obligatory information, make sure to converse with them as to when you will be in contact regarding the application and what the next steps will be if they qualify.