Are you on the fence about outsourcing your tenant screening process?
If so, it's easy to see why. On the surface, screening a tenant looks like a simple process any landlord can do. After all, what could be harder than checking a renter's credit history and a few other details?
Well, you're here because you have realized that there's more to tenant screening than meets the eye. Perhaps you're fresh from a horrifying experience with a tenant who had passed your screening checks.
Outsourcing allows you to find experts to take over the task. But is it a laudable idea?
Robust Screening Process
An inexperienced landlord can be forgiven for thinking that all they need to check in a prospective renter is their ability to pay the rent. While income verification checks are important, they are one of many crucial checks that should be done. You also need to evaluate the renter's:
- Criminal background
- Rental history
- Credit history
- Personal character.
For a DIY landlord, checking all these things can be too much work, and you might not even know the exact details to look for. On the other hand, a tenant screening service has the resources to conduct a thorough check and gather all the information they need to make an informed decision about accepting a rental application.
With this robustness, you can rest assured that the tenants that will be occupying your Burlington property are of the highest quality.
Enhanced Data Security
Tenants are entitled to data privacy, which means landlords have to implement measures to protect the tenant data they collect.
During a tenant background check, you'll inevitably be handling a person's private data. Establishing a system to secure this data comes at an extra cost, and keeping it exposes you to liability in case of a breach.
If you don't want all this in your hands, outsourcing tenant screening is the way to go. The company offering the screening service will now be responsible for protecting all the renter data they collect.
Minimize Landlord Liability
Speaking of liability, data loss isn't the only liability a landlord faces.
Tenant rights include the right to non-discrimination. Yet, you're at risk of unintentionally discriminating against a renter if you're not well-versed with the fair housing laws.
Hiring a tenant screening service effectively transfers this risk to them, but even then, an experienced provider knows all the relevant laws and is not likely to violate them.
Outsource Tenant Screening Today
Outsourcing tenant screening assures you of high-quality tenants, saves you time, and does a lot to minimize some of your liability risks as a landlord. Now all you need to do is find a reliable screening service provider in Burlington.
This is where Legacy PM Inc. in Burlington steps in.
Our property management team has a combined 30 years of industry experience, so you can trust us to leave no stone unturned when it comes to tenant screening. We also offer other rental property management services, including marketing, rent collection, and maintenance.
Get in touch with us today.