Commercial Tenant Screening
Thoroughness is essential when it comes to commercial tenant screening. This is your property and livelihood on the line. There is no room for oversight. Working with the private investigators at ASG will ensure that you receive a detailed report about the people or entities who want to rent your space so you can make educated decisions about choosing a tenant.
Determining Tenant Eligibility with Professional Commercial Tenant Screening
Tenant screening is a step that cannot be skipped, whether you are leasing a commercial or residential space. Applicants may seem great in person, and they may fill out an application that looks fine at a glance. This, however, is not a time to go with your gut. In many situations, tenant applications will include outright lies. They may neglect to inform you about judgments against them, liens, bankruptcy, or evictions.
Not every potential tenant with a spotty financial history is a bad choice or automatically ineligible. Businesses fall on hard times, accidents happen, problems beyond their control occur. But you need to know about everything up front. Anyone who purposely omits important details is a red flag.
A professional investigator not only provides information about the tenant you are screening, but works to gather information about the circumstances surrounding financial pitfalls to help you determine tenant eligibility. An in-depth commercial tenant screening conducted by a private investigator can save you from being saddled with a renter who doesn’t pay the rent, destroys the property, or uses your commercial space inappropriately or illegally.
Avoid the Easy Way Out for Commercial Tenant Screening
Online tenant-screening services promise to provide all the information you need to know about potential tenants for a small fee or even for free. Don’t be tempted to take the easy way out just to finally end your search and get someone in your commercial building. You risk creating big problems for yourself, like unforeseen liabilities and legal costs, by neglecting to do your due diligence.
Many online background checking services are not properly licensed or neglect to comply with background check guidelines. A private investigator is aware of the legalities that surround commercial tenant screening and follows the law so you have legitimate, up-to-date, certified background information.
Offload the burden of checking into every potential tenant by outsourcing tenant screenings to an experienced private investigator. Renting a commercial property can be compared to any other business deal – you want to know who you’re trusting with your investment, and whether it’s worth it for you to make an investment in them.
What Commercial Landlords and Property Owners Need to Know
Whether you are a landlord, real estate agent, homeowner’s association, or property manager, a customized commercial tenant-screening done by a private investigator will include accurate information, delivered efficiently. We know you don’t have time to waste.
At one time, credit checks were the only way to review your possible tenant’s financial and personal history. These details are still important, but they are only a fraction of the picture. Here is what a commercial tenant screening can deliver:
- Eviction history, locally and nationwide.
- Criminal background check.
- National sex offender search.
- Employment verification.
- Comprehensive background check.
- Identification of professional licenses.
Who you lease your commercial property to not only impacts your bottom line, but it affects any commercial properties around you. It is of course ideal to be on good terms with your fellow landlords or nearby business owners. Renting to the wrong person or entity doesn’t do your reputation any favors and it threatens the security of your neighbors, commercial or otherwise.
Even if a tenant offers to pay cash up front, take the time to research their history. Just because someone can afford the rent doesn’t mean they’re a good tenant. If you have an established relationship with a tenant, don’t rest on your laurels. Conduct commercial tenant screenings every time a lease is renewed. Things change.
Why Hire ASG to Conduct a Commercial Tenant Screening?
Renting a commercial property is not only about getting warm bodies into a set amount of square footage. It’s not only about someone paying the mortgage. Character counts. Your ideal tenant needs to meet your high standards and qualify to be an eligible renter of your property. You must trust that they will honor the terms of the lease, take care of your property, and pay the rent in full and on time.
Eliminate high-risk tenants, reduce the risk of fraud, and minimize your risk of income loss with a commercial tenant screening conducted by a private investigator. Our experienced and highly trained private investigators at ASG are experienced in conducting commercial tenant screenings for all types of properties. Contact our team to discuss your needs and get started on your search for the ideal tenant.