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Owners Knowledgebase
Tenant Placement
What is the charge for?:
The Tenant Placement Fee is used basically to cover the costs of showing the property whether it be to a single prospective tenant or possibly to many and eventually walking a tenant through the lease paperwork... time, gas, wear and tear on the car, meeting with the tenant several times etc. We guarantee the tenant up to 1/2 of their lease term.
When is it paid?
The payment for this comes out of the tenants initial rent money and shouldn't be confused with a "Referral Fee" which is money paid to an outside broker that brings us a qualified tenant that is accepted.