VIC screening tenants

Discussion in 'Property Management' started by Alba, 22nd Jul, 2020.

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  1. Alba

    Alba Member

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    14th Jul, 2020
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    Location:
    victoria
    Hello,

    I understand that there are two tenancy database, which are National Tenancy Database NTD and TICA. If I am screening tenants, is it possible to work only with NTD as they are the most widely-used tenancy check or should I also check them in TICA. Please let me know your recommendations.
    Thank you
     
  2. Tom Rivera

    Tom Rivera Property Manager Business Member

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    Location:
    South East Queensland
    Its a personal choice to work with either, and arguable as to which is the most widely used. I believe NTD is more popular in the southern states, but up in QLD TICA is king. You should check on both, but I guess that depends on the cost- it could be expensive checking 5-10+ applicants.
     
  3. Bee-mumma

    Bee-mumma Well-Known Member

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    Location:
    Victoria
    The way I see it, TICA has a one off registration yearly subscription for the REA or LL (self managing) of around $605. The yearly subscription fee allows them to use the data base, for all their checks after the membership fee is paid. So you don't actually pay per application.
    TICA - Services

    Why REA are saying that this fee is too much, to use both the NTD and TICA I have no idea. Seems odd.
     
  4. Lil Skater

    Lil Skater Well-Known Member Business Member

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    NTD is more widely used in Victoria in my experience. You could work with both if you wanted.

    NTD charge subscription and per check which is around $14-$15 each, which certainly adds up checking multiple applicants.
     
  5. Alba

    Alba Member

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    14th Jul, 2020
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    Location:
    victoria
    Thanks very much for your assistance with this