Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 about 9 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Jane Jones
  • Summerville, SC
0
Votes |
5
Posts

Renting through property management companies

Jane Jones
  • Summerville, SC
Posted

Right now I'm looking for another rental since I learned last week or so that the one I'm currently living in is selling.

I found a place that I'm interested in. I went to look at it but it's a little more than I want to pay but I do know that you can negotiate rent. I've done it a couple of times with no problem when looking for the house I'm currently living in. One place I was considering was even with a property management company. Agent simply called the owner and owner said that would be fine and that was all there was to it....no fee required.

The property management company I'd be dealing with with this place says they won't talk to the owner of the condo until I submit an application with the 50.00 app. fee. They won't budge.

All I want to know from the owner is if they would accept the amount I'm willing to pay. If they won't then I'm moving on. It just seems odd that they require me to pay 50.00 before just asking the owner that simple question.

When asking, they say that the 50.00 will qualify me for all their rentals so if I didn't get the one I like, there are others. I'm not interested in any of their other listings...they don't even have that many listings and most are in a different area than where I am looking.

50.00 seems awfully high to just ask one question. I'd definitely qualify...over 800 credit score, rave reviews from my current landlord, etc. I don't have wild parties, don't have any kids or animals and keep a nice place. It would be just me living there.

Does this seem normal that a property management team requires this type fee just to ask the owner a question?

Most Popular Reply

User Stats

17,434
Posts
30,089
Votes
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,089
Votes |
17,434
Posts
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

They probably get 10 calls like this a week, and do not want to call 100 owners asking this for applicants that are not even qualified.  

business profile image
District Invest Group
5.0 stars
44 Reviews

Loading replies...