A good broker can close a deal fast, creating a win-win situation for tenants and landlords. In a perfect world all tenants you work with would qualify and get accepted for the unit they want, but you may find yourself struggling to make this happen if the tenant has poor credit or worse – an eviction on their record. You may negotiate a higher security deposit or cosigner to move the deal forward, but that might not be enough for some landlords and it could make a rental unaffordable for the tenant.
The good news is, AAOA has a new tool called LeaseGuarantee that you can add to your arsenal to get leases signed faster. LeaseGuarantee works as a safety net for landlords by covering unpaid rent, damages, or legal fees up to $10,000. Landlords who know a tenant will be covered by LeaseGuarantee feel much more comfortable accepting the tenant even if the tenant does not meet their standard requirements. Starting at just $299, tenants can purchase LeaseGuarantee without breaking the bank to get accepted into a unit.
So how does LeaseGuarantee work?
A LeaseGuarantee Analyzer is included in every tenant screening package you order through AAOA and will determine whether the tenant qualifies and how much the annual rate for LeaseGuarantee will be. From the report results you can invite the tenant to purchase LeaseGuarantee. A LeaseGuarantee certificate is provided to the landlord when LeaseGuarantee is purchased.
With LeaseGuarantee the landlord fills a vacancy faster and tenants get qualified for the unit they want. The result is a better and more efficient business model. This reflects positively on you as a broker and allows you to work with more clients than ever before.
How can you share information about LeaseGuarantee?
If you’d like free printed or PDF flyers with LeaseGuarantee details you can share with you clients simply contact email@example.com or have your clients visit www.aaoa.com/leaseguarantee or call (866) 579-2262 to discuss coverage.