Pricing

Tenant

For tenants, the most important aspect is affordability. It means the initial sum to pay should not be too high, or if possible, not be asked for at all. Tenants pay a monthly fee of only 1% of the guarantee amount for using the Bailsman service.

Bailsman enables tenants to avoid tying up any finances. This means, given funds are available to be used for other necessary expenses or investments. Payments for the guarantee can be made on a monthly or quarterly basis by direct debit, bank transfer or credit card. Soon, we will also offer the option of adding the monthly fee to your mobile phone bill.

In case a claim is made by the landlord, the tenant is required to pay the sum of the requested amount to the landlord. This amount cannot exceed the security deposit guarantee amount, which is initially agreed upon by both parties.

Landlord

The Bailsman service is free of charge for the landlord, as tenant pays for the guarantee. Bailsman's aim is not to worsen the landlord's position by competing with the classical security deposit model, but provides a guarantee on a "no questions asked" policy and is only one click away.

To ensure confidence that there is no risk of not receiving the amount of the requested claim, Bailsman only provides guarantees that are 100% backed by licensed financial institutions on the respective markets to the tenants, which are also made to known to landlords. Therefore, in case the claim is not paid by the tenant, the chosen financial institution will acquire the claim and cover the amount to the landlord. After that, the tenant can pay the sum of the claim to the financial institution in full or as partial payments.

Broker

There is no cost to the broker for Bailsman's services, as the tenant pays the monthly service fee for the guarantee. Brokers can focus on helping their clients make the best decisions during the renting process.

Despite the fact that some part of sales might be made through direct approach, the main channels for Bailsman are real estate agencies and private property rental companies. Bailsman serves as a great free tool for brokers, as it provides them an opportunity to close more deals by making their client's decision-making process much easier and faster.