Lease with Confidence
Know who’s who and how to calculate risk. The Propertyware® Tenant Screening solution with AI gives you the tools, knowledge and insight you need to lease with confidence. Access the industry’s largest rental payment history database, in-depth criminal background information and extensive credit checks—including credit reporting from the major bureaus. And tap into the power of our AI scoring engine, which gives you a simple yet thorough report based on all factors—typically within seconds.
Leverage Next-Level AI Technology
RealPage® Screening and Data Science teams built the industry’s first AI-powered credit scoring model that utilizes machine learning to evaluate your applicants against the benchmark of actual rental performance records. This revolutionary technology determines not only a tenant’s ability to pay rent—but also their willingness to pay. This results in a much stronger prediction of future performance and tenant behavior.
Using this new advanced, AI-based screening algorithm along with behavioral data, Propertyware Tenant Screening more precisely analyzes your applicants using data from our rental history database of over 30M records. This model is continually enhanced, providing you with the best prediction for payment performance with every screen.
*Based on Multifamily results. Some customers have seen savings as high as $59 per unit per year.
What’s in It for You:
AI Screening is fully integrated into Propertyware and the applicant portal for a seamless application and screening process.
AI Screening offers Risk Advisory Services to help you optimize your risk thresholds and provide regular performance reporting and benchmarking within your portfolio and against your peers.
Tested and Proven
AI Screening is proven to reduce bad debt by an average of $39 per unit per year* without negative impact to revenue or occupancy.
Cut Wait Time
Instant criminal records searches minimize or virtually eliminate the wait time for screening status updates.
CUSTOMIZE SCREENING CRITERIA
Our configurable, easy-to-use setup wizard allows you to adjust criteria to best match your business goals and company policies. You are able to establish your credit thresholds, tolerance for criminal convictions, and landlord-tenant records to meet your company standards and policies.
An online portal is available 24/7 to provide support for consumer disputes. Our Renter Relations team can work directly with applicants to resolve questions and disputes about reported credit, civil and criminal record information to ensure prospective renters can quickly get the support they need.
GET EASY-TO-READ REPORTS
In seconds, get a detailed, actionable report with a simple thumbs up or thumbs down to promote quicker, more informed decisions.
Advanced capabilities allow you to add guarantors when needed. You can even set different screening criteria for applicants and guarantors.
Our previous third-party solution wasn’t integrated…that was painful. It also didn’t consider certain delinquency types in the scoring model which required us to make manual adjustments — this introduced risk and cost us productivity. Propertyware’s new Tenant Screening is fast, integrated and provides the screening criteria that’s important to our business.”
Ari Lund | VP of Operations Specialized Property Management, Texas