Magicbricks has started a host of services for home owners and tenants — Rent payments, Rental agreement and Tenant verification on its platform.
- 1% Processing Fee will be charged of the transaction amount if rent paid through a credit card.
- Services for tenant verification and rental agreement can be availed for prices starting ₹499.
- Tenants can also use Magicbricks’ Pay Rent platform to transfer rents to their landlords by using credit cards and earn reward points. The tenant needs to provide details of the landlord and make payments through credit cards. The money will be transferred to landlord’s account within 1-2 days. The tenant can also download the rent receipt from Magicbricks platform.
- Moreover, the landlords can also opt for the tenant verification service on Magicbricks. There are three packages available on Magicbricks — Standard ( ₹499), Silver ( ₹699) and Gold Pack ( ₹1499). These packs are based on multiple checks – identity verification, criminal court check, civil litigation check, permanent address verification and reference check.
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