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New screening system a credit to landlords., a leader in Web-based resident screening and lease technology for apartment managers, has introduced a new level of risk scoring to the multifamily industry.

In addition to traditional credit histories, which are widely used to rank potential renters,'s service allows managers to approve more applications by focusing on attributes that predict quality renters and ignoring those that do not. analyzes raw data provided by sources such as credit bureaus, fraud databases, landlord/tenant court records, criminal courthouses, sex offender registries and terrorist watch-lists, and presents a single report tailored to the needs of each landlord. The system delivers a recommendation to rent using customizable variables useful in predicting resident behavior, rather than generic scores that are not helpful. The On-Site recommendation incorporates each management company's own policies, rather than using a "black box" formula to measure theoretical risk.

A model like On-Site's is able to offer instant approvals by automating the evaluation of prospective residents.
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Title Annotation:TECHNOLOGY
Publication:Real Estate Weekly
Date:Dec 27, 2006
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