There seems to be an influx of apartments and condos on the market today just waiting to be rented to the right people. The process of searching through listings in newspapers, rental magazines and websites is long and tedious. The act of having to take potential renters through the property can also be a chore, especially if they can't afford to rent it. Online apps can make either job much easier and far less stressful.
Pre-Approval for Renters
There are many apartment complexes that do not offer up the price of rent in their listings online and renters must take the time to call or even visit the location before this is revealed. This is not only time consuming for the potential renter, but for the property manager as well. What if the rent is out of the price range for the potential renter? Then that time is lost for both parties that could have been better spent elsewhere.
There are new apps today that can pre-approve apartment seekers for the amount of rent they can afford, or apps to reveal what rent prices are in their area. They simply download the app, input some basic information and apartments in the area they are looking for will pop up in their budget range.
Property managers can find this tool useful as well, since they will either only receive calls from those who can actually afford the rent, or they can search themselves to see if the potential renter is pre-approved for that price.
Lease Started Within the App
Some apps also allow renters and property managers to begin the lease within the app itself. If the renter likes the apartment after touring it and they are already pre-approved for that rent level, they can start the lease within the app and claim the apartment. It makes the lease application process a little easier for both ends with basic information already imputed and whatever else the property management company needs is easy to add for example Social Security number and proof of income. It may be possible to put a security deposit down through these apps too, or pay via a credit card.
No Cost to Renters
Renters typically don't pay anything for using services like this. They do get a limited amount of searches per use and they may book viewings through the app at participating apartment buildings and complexes. The services will charge the property management company when a renter books the apartment through them. Talk to a property manager, like Shook & Tarlton Rentals, to begin your home search.