After days or even weeks of searching, you’ve finally found the perfect property to rent in your area. The price is right, the property is spacious, and the location is perfect. Whether you are renting for the very first time or transitioning from one rental property to another, waiting to hear back from your potential new landlord can be a stressful experience. That’s especially true if you’re new to the rental market, as you may not be sure what to expect, or how long it will take to process your application. Not every landlord is up front about the length of time they need, either. What’s the typical procedure and how long should it take for my landlord or property manager take in processing my application?
First, keep in mind that for the vast majority of rental properties and management companies, 48 hours (2 business days) is all it should take to process your applications and reach a decision. If it’s been more than two days and you still haven’t heard back, consider giving them a ring. However, there are a few things you can do to help speed the process up and make it smooth for all involved.
Be certain all of the references listed on your application know that they are going to receive a phone call soon. This includes both your personal references as well as those on your rental history. That doesn’t mean you need to ring up a property manager from five years ago. If you are currently renting, though, give your landlord some notice. This increases the likelihood that the important phone calls will be answered and the relevant information gathered promptly.
Written Reference Letters
Additionally, consider obtaining letters of reference to submit alongside your application. This can be broken down into two groups: Employers and Landlords. Doing this allows the new manager or landlord a way to discover if you are trustworthy or if you are likely to skip out early on the lease. It also provides proof you can afford the property.
Ask for a letter vouching for your ability to hold down a job, pay the rent, and keep your account with the property manager in good standing. Past managers can attest to your status as a good, reliable tenant. Both of these things will enable your application to be processed more speedily, as it reduces the amount of legwork a property manager needs to do. Additionally, it shows you mean business when it comes to the place in question.
Remember: if you don’t hear back within two business days, feel free to call the property manager or landlord. There is no reason to sit in the dark and wonder. If you play your cards right and help the process along, the entire experience is much easier. Soon, you could be signing your lease and preparing to move!
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