Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

37
Posts
14
Votes
Sam Faas
14
Votes |
37
Posts

Tenants responsible for application fees - a little too much?

Sam Faas
Posted

I am just starting out on my RE journey and currently marketing the property on Zillow.  Zillow Applications use their $30 for an umlimited applications to apply on Zillow.  I think of this as a more of a screening tool, but putting in a tenant's shoes, it seems like a really cost effective tool to apply for rentals.

Going on to the next phase, it looks like most places charge $30 to $50 per application for the tenant for each rental on average.  Even applying to just 5 properties would be $250, and am just wondering how this is affordable for tenants , unless I am completely misunderstanding the process.  Just applying to rentals seems like an expensive porposition from a tenant perspective.

Just wondering aloud, do most tenants only apply to 5 or fewer places before they secure housing?  On average how many tenants pay these application fees for each rental that you manage?

Loading replies...