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It’s necessary in many markets IMO. Otherwise people would just spam applications at every apartment that satisfies their broad filters.
by xadhominemx 5y ago
It’s necessary in many markets IMO. Otherwise people would just spam applications at every apartment that satisfies their broad filters.
- maest 5y agoSo charge per application, with the money going towards first month's rent, if successful.
- hammock 5y agoThat's what a lot of places do
- xadhominemx 5y agoThat’s how it usually works
- pishpash 5y agoI've never seen it go towards first month's rent, but that's not the point. The money isn't going to the landlord or the tenant, but to the data aggregators.
- xadhominemx 5y agoA lot of it is highly manual on the back end, calling and faxing random state agencies. It’s not like it’s a 90% operating margin business or a lot of companies would be getting in and driving pricing down.
- pishpash 5y agoPretty sure it's infinite% margin when the same report is sent again for another application fee.
- xadhominemx 5y agoIf you believe this you should get into the business
- pishpash 5y agoNonsense. Spamming applications is strictly better than spamming low-information contact requests, and nobody seems to mind that. Instead you'll get structured applicant information that can be filtered against.