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DGS 42: A Better Way to Manage Your Customers' Pets
Description
Do you know your credit score? What about your pet? Does it have a score? Today, I am talking to John Bradford, the "Pet Guy." John came up with the idea for PetScreening.com by combining his skillsets of being a property manager and pet lover.
There's two "Ps" that cause property damage - people and pets. Property managers need to know how to handle pet diligence and the increasing population of "assistance" animals - sometimes involving pet owners who try to circumvent policies of property management firms.
You'll Learn...[05:00] Service animals is a topic that sparks property managers' interest. [07:00] Experience Share: Tell your experiences and don't hold back any punches. It makes for authentic and real conversations. [07:16] John started PetScreening to develop a service that reduced the liability for property managers and clients. [08:12] John did not want the service to cost any money. [08:21] John loves money, so he wanted a product that generated substantial revenue around pets. [09:05] John worked with software developers, lawyers, veterinarian consultants, lawmakers, and others to develop the PetScreening product. [10:09] Hundreds of firms have registered with PetScreening. [10:55] PetScreening generates revenue through an application fee paid by the pet owner. The cost is $20 for the first pet, and $15 for each additional pet. However, there is no application fee for service animals. [11:40] PetScreening does a revenue share with the property management firm. The tool is free, and they get a rebate besides. [12:17] The property management firm is given a unique link to share with customers who have a pet or service animal for PetScreening to track applications. [13:09] The customer is taken to PetScreening to complete the application, which includes questions about the pet: Name, breed, type, photos, vaccination records,etc. [13:47] The application includes an Affidavit section, which features questions that protect the property manager and owners. Applicants attest and certify their answers are accurate. [15:12] PetScreening developed an algorithm that takes data points from the application to create a "Pet Score" that goes to the housing provider. [15:33] The score can indicate risk factors for that pet. Use that score to create a pricing matrix that correlates to the score and identify how much revenue you will generate. [16:17] Applicants basically know their answers will impact whether a property manager will allow their pet, but they don't know the pet is being scored. [17:00] Property managers are building better relationships with pet owners because they tell them what they need for the pet owner to pay less. [17:52] The best rating - a 5-paw score - is difficult to achieve. Only about 11% of applicants reach this status. [18:09] It's up to the property manager how they treat the scoring. If you have an animal with a 1-paw score, you may not allow them or charge more. [18:59] About 10% of PetScreening's applications are for assistance animals, either as a service or companion animal. [19:53] PetScreening collects data and asks HUD questions, then its legal team reviews each assistance animal application, but no score is given. They are either recommended or not. [20:39] About 32% of applicants who say they have an assistance animal have a status of "waiting for animal owner." When asked for clarifying information, they disappear. [21:40] PetScreening is disrupting the industry because it is weeding out people who do not truly have an assistance animal. [21:57] Test of Reasonableness: Is the documentation reasonable? When was the document issued? Who is the provider? [22:38] If applicants lie, there is no real legal recourse. There are not a lot of statues on fair housing, so people are taking advantage of this problem. [23:55] PetScreening is a timesaver - and time costs money. John's firm has saved time and minimized liability risks. [25:09] Every question asked in PetScreening's applic