The big question that everyone wonders during the rental process: who pays for the background check?
There is not a clear-cut answer to this. Ultimately, who pays for the background check is up to you. The screening process costs can start to add up quickly so having the tenant pay a hefty fee may seem like the perfect solution. While it may seem that way, you may risk potentially losing a great tenant because they are trying to save a few extra bucks on the application process.
So, you decide you would rather bear the costs than risk losing a tenant, now what?
You pay thousands and thousands of dollars in tenant screening fees.
That doesn’t sound like a great plan either, right?
So next, you think to yourself “how can I cut costs on applicant screenings?”
You could go to research and shop around for a company that charges low prices for background checks and credit reports. But that could end up backfiring on you in the long run. You don’t want to risk trusting a random company to provide you with inaccurate or insufficient information on a future tenant just because they charge low prices. You need to make sure you receive all the credit and criminal record information necessary to make an informed decision for your property.
That’s where Tenant Report comes in handy. Tenant Report is used by landlords, property managers, and real estate agents who need to screen a potential renter before accepting a rental application. We provide a screening service where you will receive background reports on an applicant for absolutely no charge to you.
With our service, you will be able to direct your rental applicants to our sign-up form where they will pay a one time $30 fee.
With that, you are providing the applicant with a highly discounted rate for the processing fee and you are cutting your costs down to nothing.
After the applicant has completed the form with Tenant Report you will receive a credit report from the TransUnion credit bureau, a nationwide criminal background check, and a nationwide eviction search history.
With the information obtained here, you will be able to carefully consider applicants with clear and concise information on the individual.
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To get started with Tenant Report, visit our website: https://www.TenantReport.net