Before giving your home on rent, it is imperative for you to conduct rental background check so that you can take a well-informed decision about who can live in your rental property. It is easy to carry out this check using a sophisticated Property Management Software. Using this software, the landlords can screen prospective tenants looking to rent their rental homes. This software also helps in facilitating the landlords in several other ways.
Looking for the Right Software
Landowners benefit a lot by using modern and reliable software that helps them in screening prospective applicants for the rental property. There are several things that can be checked through the software. They can check the history and credit status of the potential tenant, check their monthly income, current income sources, work history with the past and present employers and more. The software also aids them in finding the details of their tax filings. If any of the applicant has a criminal record, it can be easily known. If they have been involved in criminal offences like sex offences, terrorist activities, or if their name is in the list of most wanted criminals, the software can share the information. The software will check the court records or trace the history of aggressive behavior with past landlords. Having all this information on the fingertips help landlords to screen tenants and choose the right person who should rent their property.
Many landlords were earlier skeptical about using the technology, but they soon realized that having information like tenant credit report can help them know if the person will be able to pay his rent on time.
The owners can also make use of this sophisticated software to facilitate online rental collection, get rental application forms filled by interested applicants and create and manage online rental listings.
Choosing the right Property Management Software is the key to make the lives of landlords easy. They can use multiple services offered by the software and keep a tab on their rental properties and manage several tenants without any difficulty.
Choosing the right software
Since there are several options available in the market, sometimes it becomes difficult for the landlords to choose the right Property Management Software. Following certain criteria can make the job easier.
The on-board team being considered must be certified by CDIA or Consumer Data Industry Association. It should provide a detailed report in compliance with FCRA or Fair Credit Report Act. The software must cover nationwide search facility. It must have access to national databases like Terrorist Watch List, National Sex Offender Registry and more to screen out dubious applicants.
With growing tenant related issues, more and more landlords are looking for the right Property Management Software and use it to screen applicants with greater efficiency. The use of this software has made their task of looking for the right tenants easier and straightforward than before. Now one thing is clear, renting a property to a tenant without a proper and thorough background check is strictly no-no. It can give rise to perilous situations which are best avoidable.
Top comments (1)
Hi, I think that such systems (software) are important for the effective management of your property. From my own experience, I can say that PMS software (depends on which type and from which company) includes a lot of helpful tools that can help you manage your property in an effective way. It's important to understand that there are many offers on the market and it's very important to choose a suitable PMS system. Because some systems more relevant for hotels and some can be used for different types of property. I personally recommend using the PMS system by BookingNinjas - bookingninjas.com/. The main advantages of this system are advanced functionality and the use of the Salesforce platform as a basis for developing their own system. I think the developers who have integrated or developed PMS systems will agree that the Salesforce platform is the leader at this time.