Your broker will assign building fees to you as outlined in the cover letter. Once fees have been assigned to you, you will receive an email notification that you must authorize your fees. To authorize, you must:
• Log in to BoardPackager (using the same email that is listed for you in the Deal Parties section of the package)
• Find the package in your Dashboard or in the Packages tab and open it
• Go to the 3. Fees section, and you will see the list of fees assigned to you:
• Click the Authorize Fees button, which will allow you to choose a saved credit card or enter new credit card info:
More information regarding fee authorization:
The fees assigned to you may include, but are not limited to, Application Fee, Transfer, Move In Fee, etc. BoardPackager also charges a Digital Submission Fee of $45 per submission.
For most people, most of their transactions are immediate: When something is purchased, your credit card almost immediately shows the transaction. Things run a little differently for digital application payments.
Similar to pre-authorization on your credit card for services such as hotel stays or rental cars, BoardPackager first ensures that the credit card payment will go through. Then, when the management company reviews the calculated fees and sees they are correct, payment is collected.
In short, your broker will ask you to authorize the fees you're responsible for, we'll run a pre-authorization check with your credit card company, and the actual payment will go through once your application is processed by the property.
Please note: Before authorizing fees, BoardPackager advises calling your credit card company to let them know you will be incurring charges through BoardPackager. Please also be certain that your credit limit is high enough to accommodate all the fees you are responsible for. BoardPackager also collects a 5% credit card transaction fee on all Application fees except for the Digital Submission Fee. Fees are non-refundable and you will be asked to confirm that you agree to pay the fees assigned to you.