Making your rental application count: Tips on landing your dream home.
Finding the perfect rental property can be daunting, especially in today’s competitive market. That said, once you’ve found your dream home, the next step is to submit a rental application that stands out from the crowd.
A well-crafted rental application can make all the difference when it comes to securing your desired rental property. The Property Management team at McGrath Real Estate have put together some tips on making your rental application count.
1. Write a compelling cover letter.
A cover letter is an excellent opportunity to introduce yourself and explain why you would be the ideal tenant for the property. Ensuring your cover letter is compelling enough to grab the landlord’s attention is essential.
Start by highlighting your personal and professional qualifications and why you would be an excellent fit for the property. Be sure to mention your family (and pets if you have any) and how you plan to take care of the property. Remember, your cover letter is your chance to stand out from the competition, so make it count.
2. Complete your application 100%.
Make sure that you fill out your rental application completely and correctly. Incomplete applications can lead to additional follow-up questions, delaying the approval process. Double-check that you’ve entered all the required information, including your income, employment, and rental history.
A complete application shows commitment to renting and may increase your chances of getting the home. Incomplete applications may not be considered seriously.
3. Provide the requested documents.
The documentation required for a rental application varies from landlord to landlord. However, providing all the requested documents is essential to ensure the approval process is completed on time. The standard documents required for a rental application include a copy of your ID, rental history, and proof of income.
Additionally, you may need to provide references, bank statements, and other supporting documents. Make sure that you have all the necessary documents before submitting your application.
4. Be upfront about your pets.
If you have pets, mentioning them in your rental application is critical. Many landlords have specific rules regarding pets, so it’s important to explain how you plan to take care of your pets and the steps you’ll take to ensure they don’t cause any damage to the property.
5. Attend the open inspection.
Attending the open inspection allows you to meet the landlord or Property Manager, introduce yourself and make a good impression.
Take the time to ask questions and show genuine interest, as it can affect your chances of securing the property. Consider arranging a private viewing if you can’t attend the open inspection.
6. Tell your story.
Your rental application is an opportunity to tell your story and explain why you are the ideal tenant for the property. Provide insights into your lifestyle, hobbies, and interests and how they align with the property.
Additionally, explain why you are moving and what you hope to achieve by renting the property. A well-crafted story can make all the difference in securing your dream home.
7. Submit your application immediately.
Once you’ve found your dream home, submit your application as soon as possible. Landlords and Property Managers receive multiple applications for each property, so it’s necessary to act quickly to avoid missing out.
Submitting your application immediately shows that you’re serious about renting the property and are willing to put in the effort to secure it.
8. Pre-warn your references.
Be sure to inform your references that you’re applying for a rental property. Make them aware of the urgency of the situation and ask that they respond to any requests for information promptly. Any delay in receiving references can stall the approval process and may result in you missing out on the property.
Securing your dream rental property can be challenging, but it’s not impossible. A well-crafted rental application can make all the difference in standing out from the crowd and securing a home.
The professional Property Management team at McGrath Real Estate know the value of a great rental application and its importance in selecting the most suitable tenant. Their tips have helped secure many long-standing, quality tenants for their landlords.
Phone our office on 8350 4200, or drop into 42 Brighton Road, Glenelg.