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#15610 - 08/07/06 05:56 AM
Re: From now on I charge a $15.00 "SHOWING FEE"
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REO Slave
Major Contributor
Registered: 02/04/06
Posts: 1715
Loc: USA
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Mary:
Do the landlord check & credit check prior to showing!
_________________________
"There are people who make things happen, there are people who watch things happen, and there are people who wonder what happened. To be successful, you need to be a person who makes things happen.." - James Lovell- Astronaut
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#15611 - 08/07/06 06:01 AM
Re: From now on I charge a $15.00 "SHOWING FEE"
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REO Slave
Major Contributor
Registered: 02/04/06
Posts: 1715
Loc: USA
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The whole point is... you get them to give you their information in order to "screen" them prior to showing them any properties. If they are willing to fill out the forms & have a inquiry made, then they ARE serious prospects. If not, then they most likely are "lookers". If you have some resistance to the request, just ask them why they object. Tell them that it's something that they have to go through anyway, so why not do it now, unless you're "just looking" and not ready to rent.
_________________________
"There are people who make things happen, there are people who watch things happen, and there are people who wonder what happened. To be successful, you need to be a person who makes things happen.." - James Lovell- Astronaut
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#15612 - 08/07/06 02:56 PM
Re: From now on I charge a $15.00 "SHOWING FEE"
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Veteran Member
Registered: 08/01/06
Posts: 1123
Loc: Downey, California
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$50 bucks for a credit check? isn't that excessive. For that kind of fee, you should be able to get an all-in-one report on the rental applicant, including a back ground check and any eviction history.
If you pre-screen renters by way of their faxed or mailed application and their integrity checks, you would be managing your time better and would not find it necessary to charge an upfront showing fee. You also need to find out if that is an ethical practice by contacting your local apartment owners association, or some similar group.
_________________________
"People rarely succeed unless they have fun in what they are doing"....Dale Carnegie
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#15613 - 08/07/06 03:28 PM
Re: From now on I charge a $15.00 "SHOWING FEE"
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Major Contributor
Registered: 02/16/06
Posts: 2122
Loc: United States
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I believe Mary wants to charge the upfront fee to off set some of her gasoline and miscellaneous expenses. I do not know how screening potential clients will offset those expenses. I guess it will weed out those whom you are spinning your wheels with that will not be able to get a rental anyway. In that sense, screening is good. But, chances are you screen somebody, everything checks out okay and then you still show them tons of places. In that sense, screening the applicant did not save on your expenses. I still stick to my original thoughts on this. As a client, I would go next door to the Realtor who would gladly show me property without charging me a "showing fee". I have always thought that part of my gig was expenses. when I successfully do my job and fulfill my clients needs, I get rewarded...not until then.
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#15615 - 08/07/06 07:04 PM
Re: From now on I charge a $15.00 "SHOWING FEE"
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Major Contributor
Registered: 02/16/06
Posts: 2122
Loc: United States
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How will the screening stop a client from looking at 50 properties? You will weed out bad clients, but will you not still be running people around on your dime? I had thought that was the issue...
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#15616 - 08/07/06 09:11 PM
Re: From now on I charge a $15.00 "SHOWING FEE"
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Veteran Member
Registered: 06/14/06
Posts: 607
Loc: Atlanta GA
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Anyone have a good low cost criminal background check source?
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#15617 - 08/08/06 04:06 AM
Re: From now on I charge a $15.00 "SHOWING FEE"
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Veteran Member
Registered: 11/10/05
Posts: 1038
Loc: Florida
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#15619 - 08/08/06 02:03 PM
Re: From now on I charge a $15.00 "SHOWING FEE"
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Veteran Member
Registered: 08/01/06
Posts: 1123
Loc: Downey, California
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Just to be sure, I checked again with our California Assn of Realtors rental application form and it stated that the screening fee is not to exceed $30.00. This is the left coast.....who knew?
_________________________
"People rarely succeed unless they have fun in what they are doing"....Dale Carnegie
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#15620 - 08/08/06 07:51 PM
Re: From now on I charge a $15.00 "SHOWING FEE"
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Member
Registered: 05/24/06
Posts: 403
Loc: White Plains, NY
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Originally posted by CALIF DREAMING: Just to be sure, I checked again with our California Assn of Realtors rental application form and it stated that the screening fee is not to exceed $30.00. This is the left coast.....who knew? NY can be insane. When I was doing my first transaction (a rental) the listing agent demanded the customer undergo THEIR credit check! My customer agreed - although the idea really bothered the heck out of ME. Then when I found out what they were charging I understood why they insisted on it..$250!!!! Nope..I didn't add a zero! Usually, in Westchester it's about $15-20. I guess they found another to augment their profit. They only offered the subagent $100.00 to rent the place - which would give me $50.00! I didn't know any better at the time. My office was furious - on both counts.
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Registered: 07/28/11
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