Why Do Tenants Pay Application Fees - Sarasota Property Manager
Tenants pay application fees for two primary reasons:
- As a filter to weed out the least serious applicants.
- As an offset to the time/expense incurred in initiating, processing, and evaluating the subsequent background checks.
Truth be told, we live in an age of scammers who muddy the waters for the many good tenants out there. It is imperative that a proper background check be performed on all applicants to include:
- Criminal background check.
- Sex-offender check.
- Employment verification check.
- Credit history check.
- Eviction check.
Real Property Management of Sarasota & Manatee is the local affiliate office of the greater company, Real Property Management. Real Property Management is the largest residential property manager in the world having 250+ offices in the U.S. and Canada, and over 60,000 units under management. Real Property Management of Sarasota & Manatee works with the owners of condominium units, single family homes, duplex/multiplex units, and apartment complexes.
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