pre approval prior to showing?
4 Replies
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Tami R. from Clive, Iowa
posted 4 months agoDawn Brenengen (Moderator) - Residential Real Estate Agent from Raleigh, North Carolina
replied 4 months ago@Tami R. I do a little prescreening by email or phone first. I don't really ask them the questions so much as just let them know what the qualifications are and that we are sticklers for meeting the minimums - 650 credit score, 3x monthly rent in income, no previous evictions, no felonies, etc.
Jon Holdman (Moderator) - Investor from Wheat Ridge, Colorado
replied 4 months agoWhen I speak with someone on the phone I rattle off my requirements (e.g., income 3X rent, no felonies in the last five years, verifiable employment and previous residence, etc., etc.) and then ask "will any of that be a problem?"
Tami R. from Clive, Iowa
replied 4 months agoWe kinda do that too... but I know a couple real estate management company's that are having the people fill out a pre-application. The last couple years I have thought what jerks.... now I am thinking what is my time worth. Usually within 1 minute (not to prejudge but yes) I can say if it's going to work or not... sometimes they surprise me. I check Facebook out right away and then go from there... and sometimes I just don't even show based on "how they live their life on FB"
Matt M. from Denver, Colorado
replied 4 months agoI've got 20 simple questions I send over prior to a showing. Then I try to show a few groups at once like an open house. If they make it that far, then I'll do an online app.
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