As a busy real estate professional managing multiple rental properties, your schedule is hectic enough as it is. The last thing your rental business needs is a tenant-related issue, leading to an eviction, property damage, late payment, or vacancy – ultimately, lost revenue. That’s why we at RealBird were happy to partner with RentRisk to bring you free tenant screening to add peace of mind in your day to day. Our hope is that this partnership adds one more tool in your toolbelt to bring value to both your business and clients in a practical way.
Proper tenant screening is crucial for any real estate professional – it helps mitigate risks and ensures you find responsible, trustworthy tenants. However, there is a low standard in the industry when screening. Some think that basic credit checks or a la carte options will give them everything they need for an applicant. That simply isn’t the case. Leasing professionals who don’t raise their standard and require a comprehensive background check (every time) are automatically opening their business to risk. RentRisk is working towards elevating the standard of tenant screening to significantly lower your chances of a tenant-related issue and overall risk.
With RentRisk, you will have access to a variety of screening tools that can help you ensure prospective tenants are reliable and financially stable. Here’s how RentRisk can help you:
Comprehensive Background Checks: RentRisk partners with the top-most-rated credit bureau, Experian, that gives in-depth background screenings, including eviction, credit & criminal history and a financial document upload. Only with a full, comprehensive screening can you have the applicant’s entire history, giving you the ability to make an informed decision. It’s important you don’t conduct anything less than a full screening with each applicant!
Leasing Application: RentRisk provides a full leasing application to show you everything from an applicant’s previous landlords, current pets, modes of income, etc.
Leasing Decision Matrix: With each leasing application submitted, RentRisk attaches a tool to help you make confident decisions on an applicant. The leasing decision tool allows you to set your level of risk and helps you make better leasing decisions.
Data Privacy: RentRisk holds sensitive data, so you don’t have to. This is held within the RentRisk browser and is automatically deleted after 30 days after an applicant’s information has been submitted. You have 30 days to view it in the browser before it is removed. As the applicant, you also can unshare your application as another precaution.
Free to RealBird Clients: RentRisk tenant screening is completely free to RealBird Clients. RentRisk profits from a $60 application fee paid by the applicant. Compared to the industry, their pricing is in line with the standard as most RentRisk competitors’ pricing starts around $45 but give you the ability to add on features, totaling $59 in most cases. RentRisk only offers one comprehensive solution for $60 per application, which aligns with their higher standard when tenant screening.
Key Benefits of RentRisk
Values: RentRisk is veteran/family-owned and operated. They operate with a high, “military-like” standard, communicating transparently and quickly while treating your business like their own. They’ve stood where you’ve stood as current and past industry professionals and understand your client is on the other end waiting to be served. It’s their goal to provide you with the best tools without sacrificing their values of transparency, service, speed and reliability.
History: RentRisk was born out of 12+ years of property management and 20+ years as landlords. When using the RentRisk method, the founders never once had an eviction, late payment, or property damaged in their rental business. This is the power of elevating your screening standards and knowing what to look for in an applicant. RentRisk's founders want you to have those same results in your business!
Cost: RentRisk is free for real estate professionals. But why? RentRisk's founders wanted people to have the tools they never had as young, inexperienced landlords. They understand the challenges you face and aim to provide you with the resources to succeed.
By integrating RentRisk into your RealBird rental marketing, you can streamline your tenant screening process, reduce risks, and focus on growing your business with confidence.
Go ahead, publish your rentals on the RealBird rental listing syndication platform and the optional RentRisk tenant screening app is automatically set up for your property
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