With the local rental market for single family homes getting VERY tight....rental prospects are having to look outside of their housing budget for suitable housing.
We have lots of new apartments and townhouses for rent in our area; however, few single family homes are available because...1) many that would be in the rental pool are now for sale; and 2) people with GREAT CREDIT are more desirable rental prospects than those who have to rent UP to get what they need for their family.
Frequently, even before they view the property, rental prospects want to know if the rent is negotiable - I ALWAYS say YE$! I’ll negotiate UP...A$KING before the property is viewed is a waste of most prospects time so I have decided to ask them their credit score BEFORE saying NO to this negotiating tactic.
If they don’t know their credit score, they are probably dealing with an unrealistic expectation of local rental prices because they do not know the area rental market OR they are asking expecting someone to say YE$! without any questions.
So far...no one I have asked actually knows their credit score....and that's really sad!