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They don't need to...

Posted by MikeW on April 18, 2001 at 16:59:51:

In Reply to: Re: Tenant Blacklisting posted by Ronin on April 18, 2001 at 00:19:10:

Between getting the normal consumer credit information and publicly available court records, the LL's can get all the information they feel they need to make a decision. It is their right to decide how to use this information. For example, if a LL has six applicants for every apartment, he may decide to reject any applicant who's been a party to any case in housing court, regardless of the resolution of the case. or has any negative credit information. Now maybe this hurts the prospective tenent, and maybe the LL is missing out on a good tenant. Either way it's the LL's prerogitive. There's not deep dark conspiracy because there's no NEED for a deep dark conspiracy. The LL in NYC pretty much work in the same environment, so they tend to act in a similar manner when given the same choices.

: : I don't know about the specific of this situation; however, newer property management software is integreated with local credit bureaus and will automatically report any deliquent/non-comply tenants on the day their rent becomes deliquent

: What you are describing is legitimate credit reporting. Whether fair or not, it's done the same as retail. That's not what I'm looking for.

: Neither is a Real Estate manager directly telling another. If it's slander that is being transmitted, it's pretty easy for an agent to get slapped with liability.

: If the agents were to list information on a group database that would be more of what I'm looking for.

: Thanks for the feedback.

: Ronin

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