Rental screening providers are not created equal. They come in all shapes and sizes—from providing basic credit, criminal and eviction information all the way to providing statistical models, resident insights, predictive forecasting and ability to meet your legal and compliance obligations.
It can be hard to tease out the differences, but it is important to know the facts. Quality screening providers, like TransUnion, can help you increase your net operating income by enabling you to reduce the likelihood of:
The question is no longer whether or not you’ll use a provider, but which will you use.
In a recent webinar I went over the four types of resident screening providers and the value each can bring to your business.
Here’s a quick cheat sheet on the value you can expect from different types of rental screening providers:
1. "Just the facts”
2. "The Commoner”
3. "A Step Above”
It’s tempting to think all rental screening providers are basically the same, but don’t be misled. The most sophisticated providers will help you benefit your net operating income by leveraging predictive insights. I encourage you to learn more about advanced rental screening solutions from TransUnion at rentalscreening.transunion.com.