With summer in full bloom and most of the kids out of school the moving season is in full effect. All across the United States thousands of families pack their bags and boxes and move.
Contrary to popular belief summer IS the key time to move.
From MultihousingNews.com (Jun. 15, 2015):
Summer tends to be a peak time of the year for relocation, driven by numerous factors: longer daylight hours, better weather, the arrival of tax refunds that can be used for rent deposits and down payments, and kids are out of school. (1)
Many transitional renters are finding the market difficult in terms of vacancies and available rental units.
In the Seattle area rental vacancies are down significantly and apartments fill just as quickly as they are built. (2)
Adam Almeida, President and CEO of TenantScreeningUSA.com states: “Despite the advantage landlords and property managers currently hold regarding declining vacancies, there are still challenges.”
One key aspect of renting is landing a long-term resident, individuals or families that create predictable income for the property. During the busy summer months potential renters may base their buying decision on the appearance and condition of the property.
From FortuneBuilders.com (Oct. 23, 14):
Property condition is where most real estate investors sabotage themselves. (3)
Almeida states: “Keeping a property in top shape and well maintained will draw in those potential long-term renters.”
Another important factor in the fast-paced summer rental season is speed to acceptance.
From MultiHousingNews.com (Jun. 15, 15):
If you have access to e-applications, online tenant screening, and digital signature options, your new resident can sign the lease as soon as they find the home of their dreams. (4)
TenantScreeningUSA.com offers a tool to landlords and property managers that greatly increases speed to acceptance.
Almeida states: “In partnering with TransUnion, TenantScreeningUSA.com can help landlord and property managers greatly streamline the rental application process.”
When speed to approval is a high priority TenantScreeningUSA.com has the solution. Key elements of the tenant screening services are:
- Immediate access—no waiting for approval, no documentation necessary
- Pay only when you use—no set-up fees, no minimums
- Prompt results—custom report and leasing recommendation in minutes
- Choice of who pays—landlord or renter
- Joint-tenant recommendations—single recommendation for a group of joint renters
Tenant screening packages can be customized to the unique requirements of any landlord or property manager. Typical tenant background check reports include:
- Consumer Credit Report
- Eviction Records
- Criminal History
- Sex Offender Registry
Further, it is critical that a landlord or property manager utilize a third-party tenant screening company.
Almeida states: “Regardless who one chooses it is very important that a third-party tenant screening company be engaged as they are charged with staying compliant and operating legally under all state and federal laws.”
TenantScreeningUSA.com is a third party tenant screening company serving the small to mid-size rental community. With a highly trained and dedicated staff, TenantScreeningUSA.com can create a low-cost and fully compliant tenant screening package to fit ones needs. Understanding that speed to acceptance and return of accurate information is critical, TenantScreeningUSA.com is there to help.
Notes:
(1) multihousingnews.com/features/summer-leasing-craze/1004121956.html
(2) kirotv.com/news/news/report-apartment-availability-lowest-decade/nmkqD/
(3) fortunebuilders.com/7-things-look-profitable-rental-property-investment/
(4) multihousingnews.com/features/summer-leasing-craze/1004121956.html
