I realise tenant screening is still being used intermittingly amongst PM's, so the charge of incomplete databases, which undermines the value of using it, is legitimate, especially when there are more than one (1). But they will only get to a critical mass of usage, acceptance & value within the industry, if people are using it. So the chicken and egg quandry.
So, questions;
* Do owners instruct or are instructed by their PM and use TICA or NTD or equivalent and are prepared to pay for it?
* Do PM's use it and absorb the cost in their overheads as a risk mitigation tool?
* Is there a preferred industry database? ie is one more accurate or more supported or do they share information
* Do people see prospective tenant & their applications being asked to provide an updated TICA or NTD listing, so passing the cost onto the tenant and away from either the LL or REA/PM?
So, questions;
* Do owners instruct or are instructed by their PM and use TICA or NTD or equivalent and are prepared to pay for it?
* Do PM's use it and absorb the cost in their overheads as a risk mitigation tool?
* Is there a preferred industry database? ie is one more accurate or more supported or do they share information
* Do people see prospective tenant & their applications being asked to provide an updated TICA or NTD listing, so passing the cost onto the tenant and away from either the LL or REA/PM?