| If you have only one unit available for rent but screen
several applicants, you may want to re-think your policy. In
order to avoid complaints regarding unethical business practices, we recommend you screen
your applicants one at a time, and accept the FIRST qualified applicant.
When you accept a non-refundable application fee from someone, they
assume they have at least a chance of being accepted for the unit. However, if you have
only one vacancy and screen several applicants, you have accepted money from people to
whom you know you will not be renting.
Another problem arises when you "compare" applicants to decide
which is best. You may be tempted to use subjective criteria when making your final
decision. This can leave you vulnerable to discrimination complaints and possible
lawsuits.
Here's what we suggest. When you take an application for your unit, let
the applicant know what "position" they are in. If they are first, tell them if
the application meets your pre-determined standards, it will be accepted. If not, the
application will be declined, but the screening fee is non-refundable in either case. If
the applicant is second (or third, etc.) in line, tell them their application will only be
processed if the applicant (or applicants) ahead of them are declined. If you do not
process them, return their screening fee.
If someone wishes to apply for your unit, you should always accept their
application. But you may explain to them that there are already several applications ahead
of theirs, and their odds aren't very good at getting the unit. NEVER keep screening money
for an application you did not process.
It is always appropriate to "pre-screen" applications before
sending them to Rental Research. Take a minute to look over the information. Did they fill
in all the blanks? Does the income they have listed meet your requirements? Have they
marked yes to the questions regarding criminal and eviction history? It's also a good idea
to discuss your credit standards with them. If they indicate their credit history will not
meet your criteria, they may not wish to spend money on a non-refundable application fee.
When you submit your application for screening, let us know if you have
others waiting. We'll give your applicant priority status and get the results back to you
as soon as possible! |