Wrong! It’s not always a bad idea to stick with tried and true business methods (sometimes it is preferable), but in many cases, new business methods must be taken into consideration. Online rental applications are one of those.
If you have read any of the other posts on this blog, then you know that online rental applications have many benefits. They are cheaper, more time effective, and will bring you more applicants. They are also easy for both your tenants and yourself.
The ease at which online rental applications can be filled out and turned in for review is one of the main reasons that they are so important for any landlord. They make a tenant’s life easier which makes them more likely to apply for your unit. The more applicants you have the choosier you can be with who you rent your apartment to which hopefully leads to completely reliable tenants.
Many landlords still feel intimidated by online rental applications. They don’t really know where to get started and fear that the time that it takes them to get set up with an online application will far outweigh the extra time that paper applications take.
This isn’t the case though! Sure, setting up an online rental application for the first time might take an hour or so, but after it is set up, the entire application process for your units will be a breeze.
There are several online companies that are currently offering online application systems. These allow you to keep track of all of your units and applicants in one handy place. Most of these companies are still new, so there isn’t a lot of definitive data on which is the best, though all of them look reliable and like they make the rental process much easier.
Future posts on this blog will rate the best of these online apartment application companies/websites so that you can pick and use the one that is right for your business. For now though, a quick Google search for something along the lines of “online rental application” should bring up plenty of quality results to get you started.