A First Time Renter/Returning Renter Handbook is specially designed to help green renters know what to expect throughout the rental process. There are so many benefits to both you and the renter when you provide them with this helpful tool. First and foremost, it sends the message that you care about them. Secondly, it shows them that you're knowledgable about renting and gives them a sense of trust. Finally, it gives them the information that they need to skate through your rental relationship effortlessly with minimal issues.
Creating your handbook will take some time. The idea here is to be as thorough as possible, yet keeping it simple and easy to understand. The best time to distribute your handbook is right after a tour. If you've gathered from the tour that the prospect is a new renter or hasn't rented in quite some time, give them your handbook as a gift following the tour. Tell them that whether they choose your community or not, you want them to have as much information as possible and be an informed renter. They'll love that you're showing them that you genuinely care and aren't trying to just gain a sale, thus building trust. Your community, no matter what, will now remain at the front of their minds throughout their apartment search.
So just what should your handbook contain? The key is to keep it general, not specific to your community. You do, however, want to tailor it to your state and the applicable laws and regulations. Here are some of the basics you'll want to cover...
- The Leasing Process. Explain the process of leasing apartments. Talk about taking community tours, rental prices, specials and fees. Emphasize that things change from day to day. The application process-what they need to provide and what they can expect. Choosing an apartment.
- Signing the Lease. People expect that they'll have to sign a lease, but so many people get flustered when they see the millions of addendums they have to sign. Explain what they may encounter. Also tell them when it needs to be signed and who needs to be present (co-signor situations).
- Rental Payments. Go over the methods used to make payments and when they need to be made. Don't forget to explain proration of the first and last month.
- Moving In. Explain when they can get the keys, the move in checklist/inspection.
- Residency. Talk about the basics of apartment living. Being courteous to their neighbors. Utilizing community amenities. How to request maintenance. Who to talk to when they have concerns.
- The Renewal Process. Tell them when they can expect to learn about their renewal rate. How and when to give notice if they chose to. What happens if they go month to month.
- Moving Out. Explain the move out inspection. Perparing the apartment for move out. Normal wear and tear. Turning in keys. When to expect the return of their deposit.
This list is by no means complete and as you get writing, you'll surely come up with more to add. As I mentioned before, be thorough, but be simple. Perhaps rather than writing lengthy paragraphs and sentences, use bulleted lists and simple phrases. You can also add graphics to make it visually appealing. It may seem like a lot of work now, but once it's complete, you'll have it forever and it will surely be a great tool for your community!
Morgan Oney, CAM: My App Connection (www.myappconnection.com) Get a custom mobile app for your community! Users can pay rent, submit service requests & so much more right from their phone!