Describe your On-Demand Showing Process?
When your property is move-in / photo ready, we will schedule a member of our staff to come by the property to take photos, perform a walkthrough, and install our smart lockbox.
We will syndicate your posting within 24-48 hours of receiving the photos to all of the major listing sites. Interested parties will be able to select a 2 hour showing window to view the property.
We collect their name, phone number, email address, and IP address. We then send a verification code to their phone number. Once verified, we send them a unique lockbox code that is valid for the 2 hour showing window they signed up for.
We then follow up and provide an application link and ask for feedback regarding the property.
I’m still hesitant about the self-showings. How else am I protected?
To date we have done 150k+ on-demand showings without major issues. Should a key go missing, we will have the locks rekeyed at our cost. But your owners insurance policy should always be in place in order to protect your asset during any rental process, self-showings or not.
When do you usually take pictures and how quickly can you get the property listed after taking pictures?
We can usually schedule to come out to take photos, do a walk-through and take keys within 24-48 hours. We prefer to take photos when the property is completely empty and move-in ready and can generally get a listing online within 24-48 hours of taking photos. So, in general, we can have your listing up within 2-4 days of you inquiring about our services!
When do I pay the tenant placement fee?
We charge our tenant placement fee of $1250 when we have a signed lease agreement and the security deposit initiated to your account.
What if I found a tenant, but want Ziprent to do the vetting and lease generation?
For us to do applicant vetting and lease generation, we charge $750.
We will generate a lease or renewal for $250*.
*This option is only offered with full property management services.
What are your general qualifications for applicants?
Below is our general qualification for applicants:
3x income to rent ratio (industry standard)
Qualifying credit score of 650+ (we can use 700 if that is your preference)
Clean rental history and background check (no evictions recorded)
2 months worth of paystubs or offer letter
What if I already have a tenant, but want Ziprent to do the property management?
All we would need is a copy of the lease agreement and the tenants contact information. We would then take care of on-boarding them into our platform.
How do you come up with the suggested rent price?
For every property that needs tenant placement, we provide a rental analysis shortly after signing up for an account. After gathering the necessary information about your property, we look for comparable properties and provide an analysis based on a myriad of factors.
What is your definition of rent / photo ready?
Depends on the location of the property. But at the very least, it needs to be free of clutter and trash, it needs to have been professionally cleaned or cleaned to that quality. Here are further items we outline to be cognizant about:
Flooring
If the property has carpets, we recommend they either be replaced with new carpet or laminate wood flooring. Can also be steam cleaned if they are in decent condition
Painting
A fresh coat of paint goes a long way in making a unit feel refreshed
General Maintenance
It is all about viewing the condition from the eyes of the tenant. If there are any idiosyncrasies with the property that you have put up with because you’ve lived there, you’ll most likely want to get them addressed.
What if my outgoing tenants (or myself) are currently living in the unit and I need to find a tenant as soon as the property empties?
Due to our on-demand showing method, we can’t fully handle showings of a property that’s occupied without assistance from the occupant. However, we can certainly work with the circumstances to reduce vacancy and find a tenant shortly after we move-in. We ask that the property to be as clutter free as possible for photos. Once we have taken photos, we’ll need a few 1 hour windows per week (generally 2-4) where the occupant/owner will be present to show the unit (we won’t be physically present). Subsequently we’ll go ahead and schedule prospective tenants to come by and see the unit during the pre-arranged windows. We’ll handle all coordination and communication and provide the occupant/owner with a full list of prospective tenants who will be coming by.
While we can work with any availability time frame, for open house showings of occupied properties, we recommend Tues/Thurs 6-7 PM and Sat/Sun 12-1 PM.
How long does it usually take to get the house rented?
Our current average time is 14-21 days but depending on price and location it can be anywhere between 3-20 days in general.
How long do you recommend a lease term to be?
We recommend 1 year as part of our tenant placement guarantee.
Who keeps the security deposit?
The security deposit is sent directly to your bank account. We do not hold the security deposit.
Where do you advertise my rental after the photos have been taken and the listing is live?
We understand that the most effective way to advertise a rental is to list in as many places as possible to ensure we receive the largest number of leads. As such, we have more direct partnerships with listing websites than any one else in the markets we operate in. Our direct syndications are as follows –
Zillow Network (Zillow, Trulia, Hotpads, etc.)
Zumper (Zumper, PadMapper, etc.)
RentPatch (Rent.com, Rentals.com, etc.)
Rentlinx (Rentlinx, etc.)
Why don't you list on Craigslist?
There was a time where Craigslist was relevant. Unfortunately, that time has passed. Craigslist’s lack of recognition of the changes needed in the residential rental space has created a void which has increased fraudulent listings on their platform. Given that Craigslist does not directly cooperate with property management companies to ensure data integrity, we do not list on Craigslist to ensure that we are not associated with the lack of data integrity Craigslist has become known for.
We’ve also found that listings on Craigslist rarely perform and it is best to concentrate on other venues that send quality leads that turn into quality tenants later on.
Can I use my own lease agreement?
We highly recommend using our lease agreement. During the tenant placement and renewal process, you are required to use our standard lease agreement. Using your own lease agreement is not allowed.