How We Screen Your Rental Applicants

We work hard to find the right tenant for your investment

Application Process

Full Sail Realty is aware of the competitive nature of many property management companies who view application fees as an income stream, and with fairness in mind, we have developed a 2 stage application process to most effectively screen our Tenants for potential safety concerns and time-wasting efforts prior to the initial showing, as well as most effect vetting process for Tenants to whom we eventually will Lease the property.

The primary Tenants are required to fill out our application PRIOR to having us contact them to set up a showing for the property. We strive to do this within 1-2 business days of receipt of their application. We do charge a $10 fee to submit the application. We use this information to run a preliminary screening through our ForWarn subscription to check for criminal background and eviction records that would keep them from being approved, while also reviewing income and household information that is disclosed on the application to make sure that they will qualify to rent.

Once we show the Tenant the property and determine that they wish to move forward, we then collect the second part of the credit screening fee of $35 per applicant which allows us to work with TransUnion to determine credit scores, we will also verify references, employment, income sources and other due diligence prior to validating their application. Once the application is approved through FSR, we will send it to our owners for final approvals.

Please keep in mind that we do comply with all FEDERAL FAIR HOUSING laws which preclude us from discriminating against any potential Tenant for Race, Religion, National Origin, Familial status, Sex, or Handicap status.

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What We Do

As Your Panama City Property Manager

Marketing

Marketing is key to successful rentals. We provide an expert market analysis for each property we manage to maximize your return on investment. We advertise on over 600 websites and work with non-IDX platforms such as Homes.mil for off-base military housing and Facebook Marketplace to find the Tenants where THEY are looking.

Tenant Screening

We conduct extensive screening on all tenants and handle every aspect of getting your investment rented in the shortest time possible. Our application process is 2-part. We only collect $10 for the initial application fee which allows us to conduct a background check to assure the safety of our agents showing the property, if Tenants decide to move forward, we then collect the additional $35 per Tenant to do our extensive secondary vetting process which includes reference checks, income verification, employment verification, Transunion credit pull and social media vetting.

Rent Collection

All rents are charged to the Tenant on the FIRST of the month, and considered late by the 4th. We then charge late fees of $25 per day to get your rents paid QUICKLY. We do not hold rents, as soon as the money clears our bank, we transfer it to your bank. Tenants have multiple options for paying rents including online payments, automatically deducted rents from their bank accounts, payment by credit cards, as well as in office payments. We do not accept cash.

Maintenance

We conduct inspections at mid-lease 60-90 days in, as well as when the renewal period approaches to ensure that your property is being taken care of throughout the Lease period and all maintenance issues are being addressed. Owners receive inspection reports in their email promptly after inspections are completed.

Financial Reporting

With our detailed financial reporting tools, it's never been easier to keep tabs on your investment. Log into your owner portal to view statements & more.

Eviction Protection

In the unfortunate event that a Tenant needs to be evicted from your rental, we handle all Notices and Eviction paperwork in-house so there is no need to get expensive attorney’s involved. We do NOT charge any additional fees for eviction of Tenants that WE place. Has your experiment in self management gone wrong? Need us to evict your Tenant when we take over management of your property? This service is available for $350 when you sign with us.