Just because someone isn't wearing an orange jumpsuit doesn't mean they aren't a criminal. In the US, there are approximately 70 million people who have some sort of criminal record.
For this reason, tenant screening is a must for a landlord. Bad tenants are hard to identify, and this screening gets you one step closer to knowing who they are. The problem is that tenant screening takes a lot of work and adds a ton to your overflowing plate.
The solution is outsourcing tenant screening. Today, we give you three benefits of having a third party conduct your tenant background check.
1. Tenant Screening Services Maintain Consistency
Consistency is key when you're screening tens or hundreds of people for the best tenants. Lapsing in your standards for even one of them could put some bad tenants in your property. Thanks to the property management services who conduct these checks, you can rest assured every single examination follows the same standards.
It's easy to mess up background checks since it involves acquiring a ton of very specific personal information. Misspelling a name or including the wrong birthdate could result in incorrect or inconclusive results. When you do it yourself, you risk slipping up when you're tired or overwhelmed with your other properties.
Consistency is a must since the lease will last for a year. That's an entire year that an accidental undesirable could be living on your property! Just as it's important to know whether your tenant has a support animal, it's important to get every background check done correctly.
2. They Make It Convenient
As we've said, a background check creates a lot of hassle. You have to submit the information, pay the fees, and wait for the return of the information. Multiply that by dozens of potential tenants, and you'll quickly run into a filing nightmare.
Instead, outsourcing tenant screening services lets you kick your feet up and dedicate your energies to something else. All you have to do is tell your property management what your standards are for acceptance and rejection.
They'll do the rest of the work and protect your investment. Plus, they'll make sure vacancy rates stay nice and low.
3. They Give Your Impartiality
There's a ton of risk of discrimination and hard feelings when screening people for past poor behavior. It can be difficult to make a wise and just decision when choosing one tenant over another. After all, everyone has a bias against things that have no real bearing on whether or not someone's a good tenant.
If you want to remain impartial and fair, outsourced tenant screening services can help you do that. They conduct checks to the same high standards as they do for other clients.
Manage with PMI
Tenant screening is a must for any property owner, but it's a process that takes a lot of time and effort. Outsourcing tenant screening services makes things convenient and consistent. Most importantly, it allows you to be fair to all applicants.
PMI Wiregrass does it all for you: tenant screening, rent collection, home watch, and so much more. Get a free rental analysis to determine your potential ROI.
