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Why property management professionals prefer our scoring model

Property management professionals - from onsite staff to the highest-level executives - prefer RentGrow's scoring model because we provide a customized solution that will always meet business objectives.

Benefits of using RentGrow's scoring model include:

  • The evaluation of an applicant's quality as a renter is based upon criteria established by the property management company and RentGrow.

  • The system sifts through the detail of each line of the credit report - providing the most thorough credit evaluation.

  • The decision criteria is clearly defined and based upon standard multifamily rules for acceptance and rejection. Therefore the decisions and reasons behind the recommendations are understandable for everyone in the organization.

  • The decision criteria variables can be customized to meet the specific needs of a portfolio or property. This is critical for large companies that operate different property types across many markets and market conditions.

  • The decision criteria is managed centrally (on RentGrow’s systems) to ensure compliance with company policy, as well as Fair Housing and Fair Credit laws.

  • The decision criteria can be validated. Performance data can be easily integrated with decision file data to ensure a balance between occupancy, credit loss, and delinquency.


"We use RentGrow's service for our entire portfolio because it gives us a consistent check across all of our properties. The consistency is invaluable to us because it protects us from exposing ourselves to the threat of damaging lawsuits. But just as importantly, RentGrow substantially reduces our accounts receivables because the credit checks they do are so elaborate, they reliably ensure good rentals."
- Tom Beaton, VP of Property Management, Dolben Company

"RentGrow's credit checks are thorough and because we can access them via the Web we get the results quickly. Because of RentGrow, I've lowered my bad debt to .3 percent, and because of their consistency I'm able to abide by fair housing standards."
- Jay Ingram, Senior Asset Manager, Drees Company

 

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