Screening tenants is a crucial task for property managers, however, not all methods are equal. Evaluations can be a hassle if youâ€™re operating out of multiple platforms, or if youâ€™re forced to waitâ€™from a few hours to a few daysâ€™to receive results. Since tenant behavior can affect how easy or complicated your job is, it is important to generate thorough screenings of prospectsâ€™ credit, criminal, and eviction histories before they become residents.
Rent Manager offers a streamlined screening process through AmRent, a trusted provider of resident screening services, which allows users to conduct evaluations in real time directly through the Rent Manager platform.
When a prospect is created in Rent Manager, property managers can gain access to the individualâ€™s records in seconds using the integrated screening method. This means property managers can quickly assess the prospectâ€™s given information and determine its legitimacy. Having the ability to almost instantly evaluate a prospect or customerâ€™s background can save time, money, and headaches.
Through the integration of AmRent, Rent Manager users can run a multitude of report types with detailed reports on eviction filings, outstanding balances, and criminal records. Based on your property managementâ€™s setup through AmRent, you have the ability to run a Fico Score, a Rentwise scoreâ€™AmRentâ€™s proprietary scoring modelâ€™or opt for no scoring at all.
The reports provide individual criminal records sorted by case number and level of offense, and are conveniently organized by severity.
Before taking advantage of the many benefits of AmRent, you must first enable the screenings through system preferences.
Go to: File > Administration > System Preferences > Screening. Check AmRent
Once your System Preferences are set, you can set up a customized account through AmRent. Youâ€™ll have the option to create one centralized account or multiple accounts for each individual property, allowing for organized accounting and reports.
Important tips for running screenings
- Annual income and monthly rent amount fields are required if youâ€™re using any of the decision programs (decision programs come back with an approved or unapproved response)
- Middle name or initial is important for accurate criminal data
- If the social security number is entered incorrectly, the screening will not adequately reflect the prospect or client
- The information entered cannot be edited once an evaluation has been requested
- Check criminal records for physical descriptions. If the prospect has a common name the report may be pulling from someone elseâ€™s records.
- Application Typeâ€™anything but spouse creates separate reports. Units with three or more applicants will be run as separate screenings. If spouse is the applicant type, AmRent will create a joint report
- AmRent can run up to five screenings at once