What we do and how we do it...

E V I C T I O N . Not anyone’s favorite word, and certainly not a word that resonates positively with renters.

It is, however, a necessary part of operating rental housing. But as painful as it is to enact an eviction in today’s world, there is no doubt that the process is more painful and more complicated than it needs to be. Property managers are expected to run point on evictions in addition to the myriad of responsibilities already on their plates, and to do this flawlessly in an ever-changing landscape of rules, regulations, and exceptions that requires unerring precision. It involves understanding legalese at its finest, not to mention bracing for the inevitable contentiousness.

Fact: The rental housing industry averages filings of 2.5% of units annually.?

That seemingly small number can become overwhelming for even the most seasoned manager. The speed with which those units are addressed – either by receiving payment or by regaining possession – can translate to significant bottom-line impact.?

One typo on a filing? Another 30 days.?

One missed deadline? Another 30 days.

One failed step in the process??

Well, you get the picture.

Fact: Eviction law is layered and confusing. States, counties, cities, and municipalities have a multitude of varying regulations, and these can change yearly, monthly, even weekly in some cases. How are property managers expected to keep up? It’s not a fair ask, and more importantly, it’s not a smart ask. Mistakes will be made, and your employees, renters and owners become even more frustrated.

Solution: This is where Possession Partner steps in.

Recognizing that the eviction process was one of the key areas in rental housing operations that had not significantly improved in decades, the minds behind Possession Partner tackled the challenge of finding a better way through technology. Our goal was to create a solution that eliminated manual processes fraught with potential for error, while also providing an integrated platform complete with full transparency of reporting. We wanted a platform that would take the process off the site personnel altogether; this could not be yet another tech product that required more work for site staff.

And we did it. But It’s not just the “what” we do, it’s the “how” we do it.

So, what does Possession Partner do? All paperwork surrounding evictions, from notices to rent suit filings to writs of possession and everything in between. Reporting giving you visibility into each and every eviction individually, by property, by region or companywide. No missed deadlines, no gaps in the regulations. No kidding.

And how do we do this? By integrating with your property management software to auto populate items like resident information and rental charges, dramatically reducing the potential for errors and missed deadlines. We connect you and our platform with your eviction attorney. We ensure compliance with both eviction and fair housing law.

Your move:?

When thinking about your eviction management process, are you asking the right questions? Are my notices going out on time? How many rent suits are getting thrown out due to wrong information or missed deadlines? What are these filing fails costing in additional vacancy loss? Am I able to determine the status of every eviction in my portfolio at any given time?

If the answer to any of these questions is “no” or “I don’t know,” then we need to talk. It’s probably time for you to give this process to Possession Partner.

Larry Bellack, CAS

EVP, Possession Partner

(813) 283-4545 | [email protected]