Online rental applications have made it easier than ever to send and collect rental applications, especially for DIY landlords, like you. You can also review and customize the online rental applications according to your requirements, as and when you need, and make way for a speedy, precise, and stress-free leasing process.
Here are a few more benefits of using an online rental application for St. Louis landlords.
Saves You Time And Money
If you are handling multiple properties and time and money are your biggest concern, then opting for an online rental application is what you need. You don’t need to invest dollars for drafting and printing them. It saves you from cumbersome procedures of scanning, storing, and documenting rental applications. You also don’t need to hire a lawyer to review your document and make sure it is legally binding, as there are state-specific rental application templates available online.
Super-Convenient For Tenants
Tenants tend to like housing deals where they don’t need to visit their landlords every now and then to sign the rental application. If you provide an online application, they can easily read it, sign it and send it back to you without a lot of effort. This is a strong bonding point with millennial or Gen-Z tenants.
As they are used to gadgets and technology, these tenants are more inclined to paperless and tech-savvy solutions. If you offer them such cost-effective and time-saving options, they are more likely to choose you as their landlord.
Highly Customizable And Easy To Update
Conventional rental applications are a little complex to handle. You need to get dozens of printed copies and, unfortunately, scrap them all if there’s an error in the application.
Online rental applications save you from the hassle of creating or updating the hard copies each time you find new tenants. If you miss out on adding particular criteria or want to make changes as per the latest developments in the housing laws, you can instantly make the change and send it over to your applicants.
Easy To Access
You may need to refer to your rental applications frequently to check details like the name of your tenants, proof of identification, or social security number. While it can be tedious to flip through pages and look for a particular form amongst dozens, with online applications, you can simply log in to your account and search for the document at any time. It is also stress-free for your tenants to refer to the document as it allows them to track things on their digital devices.
Promotes Paperless Operations
Modern-day tenants are more environmentally-conscious. If they find that you are using online applications instead of paperwork, they might appreciate your effort to save nature and lease. Also, online documents do not cause any harm to the ecosystem and help us save trees by saving paper.
Unlike the physical copies of rental applications, online applications are far easier and more convenient to deal with. It helps you to attract your potential tenants, and screen them instantly and efficiently, allowing you to manage other important things. While most rental businesses have already adopted the online documentation process, some landlords are still relying on paperwork. If you are one of them, now is the chance to join tech-savvy landlords!
Contact us at Amoso Properties if you want to accept the digital way of managing your rental business. We are a full-service property management company in St. Louis that can help you keep an online record of your rental applications, accounting, maintenance, and more.