If you have taken the big jump and have decided to offer online apartment applications for your prospective tenants, then I congratulate you! You will soon see how much easy and quicker they make the more tedious parts of being a landlord.
As you probably know if you are already providing one, online apartment applications make the rental process a whole lot easier. You don’t have to waste time driving from place to place and don’t have to keep track of a hundred or more files. In addition, your prospective tenants can fill out an online application at home and apply for your apartment without ever setting foot out of the house. For many young tenants, this is a huge plus.
A recent study has actually shown that more than 94% of people wish that they could apply for apartments online. I mean, an application basically just consists of some basic information, a list of previous landlords as references, and a place to describe your current employment. It’s not even a lease, man! Why shouldn’t it be easy?
If you’re all set to use an online apartment application for your tenants, then you are probably a little nervous about your first applicant. You want to make sure that things go as smoothly as possible, right?
Well, the thing is that it might take you a while to get your first online applicant. If no one knows that you are offering this service, then how is anyone able to take advantage of it? This is why you need to advertise that you accept applications online. A great way to do this is to include a link with any postings for your unit that you make on sites such as Craigslist.
The next step is to encourage prospective tenants who come to view your apartment to apply online. Of course, you should supply a paper application at first, but by letting them know that the online application is the same thing (except that they don’t have to come back to drop it off) they will be more likely to fill it out online.
Like all other things, the number of online applications that you start receiving should grow as more people begin to learn that you provide them. Let everyone know that you are accepting applications online and you are sure to receive quite a few more just because they are so easy to fill out.
When the first online applicant comes through just treat them like any normal tenant. Review their application, set up a tenant screening, and decide if they are someone that you want in your unit for a year. After the first time you handle this side of the landlord business online, you are sure to understand first-hand how much easier the Internet makes things.