Search
 

RentGrow Expands Online Tenant Screening

RentGrow is integrating data from RentBureau with its online tenant screening service.

By Noreen Seebacher | Updated on March 20, 2009

A Waltham, MA-based online tenant screening service is partnering with a specialized credit bureau to offer expanded services to property management companies. The company, RentGrow, plans to integrate data from Atlanta-based RentBureau with its TotalScreen system. TotalScreen is a Web-based resident screening tool for the conventional and affordable multifamily housing industries.

Four-year-old RentBureau describes itself as the first consumer reporting agency for the rental housing industry. Through the use of property management software, it collects rental payment histories every 24 hours from a network of property owners and managers serving nearly six million residents nationwide. It then sells the data “to appropriate parties for uses that adhere to Fair Credit Reporting Act” and other state and federal laws.

RentBureau said its objective is to help the multifamily industry reduce losses from risky tenants and help residents who pay in full and on time as agreed build their credit histories. Its “data delves deep into a prospective resident’s alternative credit data, including past rental history, allowing the property manager a more complete and accurate picture of the prospective renter,” the company notes.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.