The Short Qualifying Guidelines Document
Some won’t (or don’t want to) spend the money to get all the tools and training in this manual so we’re offering a shrunk-down version. If you want a basic framework for setting qualifying guidelines, a place to start, this shorter version of the full manual will give you a leg-up on the process. With this document you’ll be able to develop your own set of guidelines over time. This document (and training notes) will lay out what each credit score will require for approval, plus a chart laying out who should be managing the process for each category of applicant. You can use this do-it-yourself version and work through your own learning curves over time.
(this is a stand-alone document and Not Part Of A Package)
Everyone knows managers Must Strive For Objectivity when approving/denying applicants but few have wrestled through the process of actually Putting It All Down In Writing … a document called Qualifying Guidelines.
For over our 35 years managing rentals in Atlanta we actually took the time to develop (and tweak for many years) the details of How To Treat All Applicants The Same to reduce the chances of a claim of discrimination. We make this document available to our students along with several of other tools for making these decisions Objectively and Safely.
Note: In 35 years, processing over 20,000 applications, Crown never had a Fair Housing claim. Clearly part of that is blind luck but the other part is consistently applying these written guidelines to all applicants, the same way, every time. Most of this happened before tenant screening companies were available so we learned how to do it in-house (codeword for By-The-Seat-Of-Our-Pants). These qualifying guidelines are the result of 25 years of perfecting the process.