Need a new tenant? Below is an easy step by step process that explains how to find a tenant and fill a vacancy easily.
First, let’s discuss the old way. The old way was to list the property online one by one, use paper applications, paper lease agreements, and collect paper checks for the security deposit and rent. The old way is time consuming and burdensome.
The new and easy way to fill a vacancy is to have an online program that has all of these features and saves everything online so you can eliminate paper. This all-in-one program is SimplifyEm Property Management Software. It’s user friendly and easy to use.
When your property is ready to be listed online, it’s best to list to as many sites as you can so you can receive a lot of leads in little time. SimplifyEm integrates with the Zillow network, Rentpath network, Apartments.com network and Craigslist totaling over twenty sites to list at with one click. When someone is interested in a property, they would fill out an interest form on the listing and the leads would be collected in SimplifyEm for review. The next step is to review the lead information and send online applications.
Online applications makes it easy for everyone to sign online in seconds. SimplifyEm provides a lot of different options. The first option is to create a generic rental application for a specific property or unit. This generic application can be posted online on any rental advertising website. Prospective tenants can apply right away. The second option is to create a generic rental application for a website. This would be best if someone wants to get on a waitlist for any properties available. The last option is to send an application directly to the tenant via email. All of these options makes it convenient for anyone to apply online. Lastly, SimplifyEm allows the property manager to collect their application fee online and that gets deposited directly into their bank account streamlining their process even more.
After receiving and reviewing applications, the next step is to run tenant screening reports. SimplifyEm provides many reports including background check, credit check, social security validation, eviction, income verification, and employment verification. One of the great things about SimplifyEm’s tenant screening is that property managers get the reports within minutes and can find the right tenant quickly.
Once you find the right tenant, the next step is to sign the lease agreement. SimplifyEm has built-in state-specific lease agreements that can be signed online by both the property manager and the tenant. Property managers can also collect the security deposit online along with the signed lease agreement. The security deposit would get deposited directly into the property manager’s bank account.
Once the tenant signs the lease agreement and pays the security deposit, then it’s time to onboard the tenant. The property manager can invite the tenant for a tenant portal that includes online payments, ability to view notices and submit maintenance requests. Online payments are convenient for everyone and it’s easy to sign up. A tenant portal minimizes the back and forth in communication and all of the history is saved for everyone to view.
Save a lot of time this year and sign up for SimplifyEm. Simplifyem provides free, unlimited training to all customers and free live phone and email support to you, tenants and vendors. Take your rental business to the next level and get a free two week SimplifyEm trial here (no credit card required.)
