Wednesday, October 16, 2013

Renter Competition is Stiff: Come Prepared With Renter Application Packet

These days Seattle rentals are few and far between, and in our competitive rental market bringing your checkbook ready to cash in the deposit no longer puts you on the top of the applicant stack. In other popular cities like San Francisco renters arriving at showings can expect a long line of other applicants already waiting at the door, so if you’re looking to be one step ahead of the game, putting together a renter application packet could be be your ticket to a new rental.
rental np
Downtown Seattle Rental: $4,500/Month

Get the following documents prepared before your rental showing:

  • A copy of your ID: either a driver’s license or passport
  • Proof of employment: A pay stub will suffice, but if you can get a letter from your employer confirming your employment that would be beneficial.
  • Pay stub: Several landlords have minimum salary requirements, so having at least 3 of your most recent pay stubs is important.
  • A bank statement: Having a bank statement available that indicates you are financially stable and capable of paying rent could be the difference between you and someone less prepared.
  • References: Have a list of references, past landlords, past neighbors and business partners is a great way to enphasize that you are a responsible tenant.
  • Rental Application, and fee: This is most important if you’re able to request the application prior to the showing. Some property management websites have these available for prospective tenants, and also having a check handy for the application fee will indicate your preparedness.
Make sure that you double check all of the application requirements prior to your showing if available, and don’t forget to bring your checkbook along with your completed renter application packet. Good luck on your rental hunt! If you’re interested in Seattle rentals, contact your local real estate agent today!

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