The new service, SafeRent Applicant Screening for Independent Owners, is an Internet-based service produces a renter risk score, displays a credit report, and performs a Social Security number fraud check, eviction search and criminal background check.
SafeRent's screening process is based on a statistical scoring model that predicts the likelihood of eviction, skipping or owing funds at move-out.
Direct connections to a national database can usually be provided almost instantly.
"SafeRent recognized that independent rental property owners and managers needed the same accurate and efficient tools to control their risk and comply with Fair Housing guidelines as the largest apartment managers in the country," says Linda Bush, CEO of SafeRent. "Most importantly, they want information they can understand. The renter risk score is helpful in interpreting the many interacting variables one should consider when selecting an applicant.''
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