Placemate acts as a liaison to help tenants find properties that match their needs, and help homeowners find qualified local tenants. When we work with a homeowner in this capacity, we create a property listing, send it to renters in our network, post it on our website as well as other listing sites, and field all applicant inquiries about the property. Once we find tenants who are interested and fit the requirements of the property (right group size, income level, pets, etc.) we provide their information to the homeowner. If those tenants see the property, like it, and are chosen by the homeowner as a final applicant, Placemate runs reference, employment, landlord, eviction, credit, and background checks and passes those results on to homeowners for their review.
Placemate contracts with homeowners participating in the Lease to Locals program and occasionally with homeowners renting their property outside of the programs. Properties participating in a Lease to Locals program have specific employment and/or income requirements that are different by market, and non-participating properties are not beholden to these restrictions. Many property owners participating in the Lease to Locals programs will list their properties themselves on other housing sites like Zillow and Craigslist.
Placemate always follows fair housing law in representing applicant groups to homeowners and we do our best to help each group of renters present themselves as competitive applicants. However, the homeowner has the final decision of tenant(s). Once a lease has been signed we do not provide property management services and are not responsible for the upkeep and maintenance of homes, nor do we moderate disputes between renters and landlords.