Anyone tried Ziprent or remote property managers??

Question

So I am managing a condo for rent in Orlando remotely. Anyone used Ziprent? They want $1000 for lease up. They use lockboxes and no live agent tours. How good is this? It seems to be cheaper than a manager and plus they allow you first right of refusal whereas most property managers will choose who ever they want.

Drew Sygit · Answer

@Paul Passafiume have you checked out their website?

Where does it explain HOW they will execute their services?

This may be important to you so your expectations are met.

Drew Sygit · Answer

All seems perfect - until Ziprent gets sued for a Fair Housing violation caused by an owner interviewing a prospective tenant.

Paul Passafiume · Answer

Usually they won't but there is a way to follow fair housing laws and also research you who are renting to. Politically correct bs has ruined this country!

I hired Ziprent and they are WONDERFUL. If I was a property manager, I'd watch out. Big tech has invented a way to take over another industry and I see Ziprent as the future. As Zillow is to property listings, Ziprent is to property management.

Ziprent found me a tenant with an 800 credit score in 7 days near the top of the market rent for my condo during slow season! The process has been wonderful and I am hiring them only for lease up and will handle it from there bc as we all know 90% of the work is lease up.

Also, they did this 30% cheaper than most local property managers. Ziprent presented me the tenant. They screened him, then I interviewed him myself. Owning 25 doors, I interview all my tenants, just like a job interview. I also personally got a landlord reference on him. Ziprent emailed me within 24 hours of the tenant application and I approved him (after Ziprent strongly recommended I do so and act fast). Ziprent will write the lease, execute it, then get the tenant in the unit and collect first month's rent and deposit. Easy and seamless!

I will always have a say in who rents with me and you should too!

Dear Ziprent owner, can you please come to Kentucky and IN? These are growing markets.

Paul Maldonado · Answer

What grade neighborhood was this in? I have a place in a C grade neighborhood that includes section 8 prospective tenants so I think there is more risk.

Chris Grenzig · Answer

@Paul Passafiume we also don't allow owners the right of first refusal, partially for fair housing reasons, but also partially for logistical reasons. Any approval for something by an owner is a bottleneck in the process. Often residents want to move in within a couple of weeks and it takes time to get all the information together to get everything accomplished in a timely manner. This is without adding in an outside approval process. In our opinion, you are hiring us as the professional to find someone to rent to, if you can't trust our judgment than it's not a good fit.

I can understand why you would want to have the final approval, trust me I do. But from the property management side the application, lease signing, and move-in process is arduous enough as it is.

Essentially it sounds like Ziprent has just been a manager you've found that's willing to do so. There might be other more local options who will, but you'd have to call around. The other option would be to negotiate and pay more for the right of first refusal for any applications and maybe someone local would take you up on that.

Drew Sygit · Answer

@Paul Passafiume why would a PMC place a tenant they knowing will have to evict later?

How will they explain that to the owner?

If anything, a concerned owner would want to have a clear understanding of a PMC's screening criteria and fully understand the process - which we originally posted.

Paul Passafiume · Answer

Yes, they use basically self showings. But they use high level tech....pre screen, self showings, and the 1225 is the standard fee for first month lease up services including them drafting and getting tenant to sign lease.. And they give you, the property owner, last right of refusal. Also no one with felonies, evictions, or credit under 650. It is basically everything I do in my local market....

I'd love to go with a local property manager but they hide behind fair housing laws and say the property owner cannot refuse whatever tenant they pick. I am not a fan of that...too many property managers will take anyone that will sign and move to the next dollar.  I always play by fair housing laws but not giving me a pick in my tenant is not to my liking!

Paul Passafiume · Answer

Any non sponsored users? LOL but thanks sir!

Arvand Sabetian · Answer

Hi Paul,

I'm one of the founders and wanted to thank for you for considering Ziprent.

To clarify, our tenant placement fee is $1,250 and property management fee is a flat $125/mo.

We utilize a secure, on-demand showing process that doesn't require an an agent. What does this mean? A prospective tenant may schedule a showing time through our system after being verified.

Our system will automatically send a lockbox code to that prospective tenant that's only valid for the scheduled showing time they signed up for and will change after that scheduled period ends. This prevents a prospective tenant from re-using that same code at a later time or date.

It's a trusted, efficient, and proven process that significantly reduces the cost of overhead.

Since 2019, through our platform we've scheduled over 160,800+ showings and placed over 6,700 tenants for our landlords. Through feedback we've found that tenants prefer scheduling showings and being able to show up anytime during their scheduled window and landlords are comfortable with this process when using Ziprent.

If you have further questions don't hesitate to contact us. My team would be more than happy to address any questions you may have about Ziprent and our services.

Anyone tried Ziprent or remote property managers??

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