Georgetown TX Property Manager Discouragement Tips

The title of this article might be a little confusing. After all, your Georgetown, TX property manager should be looking for ways to attract renters, not discourage them right? Yes and no. Yes, you want your property management in Georgetown to focus on keeping your rental properties full while attracting prospects to your vacant rentals. However, you don't want these professionals to bring in the wrong kind of renters to your properties. Bad renters can cost you a lot of time and money trying to collect overdue rent and evict.

This is why it's so important for your Georgetown, TX property manager to continuously prescreen all prospective renters who submit an application for one of your vacant rentals. One of the most common red flags that can be found during the prescreening process occurs during the credit check. It's a low credit score. Occasionally, you'll have an applicant come through with a zero for a credit score...this is definitely a cause for concern. Obviously, it would save you and your property managers in Georgetown time if these prospects wouldn't even apply. But, how are you supposed to discourage these applicants?

• Be Clear About Background/Credit Checks. Be up front with everyone who expresses interest in your rental properties. Let them know that you require both a background check and a credit report from all applicants before they will be considered for the available property. When you Georgetown property management professionals are clear about this, there will probably some who don't apply because they know they won't qualify.
  
  
• Make Sure the Background Check Is First. While you may not understand the validity of this tip, it can actually be beneficial to let interested parties know that they must sign a written consent to have a background check done before they will be able to fill out an application. Additionally, make sure you require that the prospect pays for the processing fees of the background check too. This will weed out the serious applicants from the not-so-serious ones.
  
  
• Ask Questions. Finally, it may help if your Georgetown, TX property manager asks interested prospects if they know of anything that may come up during the background/credit check that you need to know about. This gives the prospective tenant the ability to come clean about anything he/she knows about before you find it...they can also explain at this time if needed. It may also help unqualified tenants realize that they aren't qualify and discourage them from applying altogether...saving you time and money.