Your rental application process can seem pretty lengthy when you add up all the time it takes to get from listing your rental— to the ultimate end point—having a tenant occupy your property.
But here’s the thing, you could be spending your time more wisely. Don’t roll your eyes. Give me a second to explain.
When you get a call about a rental do you have a phone script? Are there questions you ask before directing them to fill out your rental app or making an appointment to view the property? If not you need to.
Let’s say you get 17 calls about your rental property. The law of averages has already pre-determined that about 6 to 8 of those potential tenants aren’t going to meet your criteria. And if you don’t do any pre-screening you’ll spend time and money running background checks, potential tenant interview and property viewings. You’ll spend at least 10 days making reference calls and answering questions about the neighborhood and school districts and the best grocery in the area.
And let’s just be real with each other, you don’t have the time or money to waste, you’re a small business owner.
7 questions you need to ask a potential tenant in your first conversation
- Is this property what you were looking for?
- Is this property in your price range?
- When are you looking to move?
- How many adults will be living with you?
- Do you have any pets? What kind?
- Do you smoke?
- How long are you looking to rent? 12 months, 6 months, month to month?
All of these questions should directly relate to your rental standards and will help you eliminate potential tenants that aren’t the right fit for you or your property.
Remember tenant screening is very important so consider using one of the top tenant screening services, such as Rent Perfect. You can make more informed decisions when approving tenants with mobile-friendly screening tools. Know who you’re really renting to before they move in. They can also provide things like an automated system to generate state-specific lease agreements online. And, they can provide seamless tenant communications and automatic notifications.