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Updated almost 7 years ago,
How to have clients submit rental application to close more deal
How to have clients submit rental applications to close more deals: If you live in a big city like I do, you are going to come across a lot of competition. Here is one way to separate yourself from the rest! 1 of my many secret Tips I scrabble down that really works for me 7 out of 10 times, I think all second or seasoned rental agents sure pay for a clients rental application depending on price. now this is for an agent thats has a little funds for this kind of treat. They need to feel the vibes/ finances and know their potential tenant's move in date. 15/30 sometimes 60 days out credit etc.. YES but might lose money paying for an application fee because the apt they liked is gone or sometimes they might find another unit/ which they should call you anyway (that's when feeling the vibes comes in).
Some agents might feel like why should I pay for a $100 to $250 app fee (FYI) $250 app fee better be over $3700 rental and up when my clients income is over $500k a year! one, its a great gesture second, shows your successful to afford to pay an app fee like nothing. Three, I notice a lot less clients backing out of deals. Four, clients never forget you, more referrals! Five, Your in the 15 percentile of agents doing it , that close a lot of deals.
Last but not least never pay the client in cash for app fee against REBNY. Gift card works ask management if it's O.K. some Landlords/management's love working with serious agents and if you one day every submit a back up app without paying the fee believe me you would be the 1st one they call! DON'T PAY FOR EVERY APP FEE JUST THE CLIENT ON THE FENCE.
Jason Hernandez