Printer Friendly

New screening system a credit to landlords.

On-Site.com, 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, On-Site.com's service allows managers to approve more applications by focusing on attributes that predict quality renters and ignoring those that do not.

On-Site.com 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.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 
Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:TECHNOLOGY
Publication:Real Estate Weekly
Date:Dec 27, 2006
Words:161
Previous Article:Unitone tapped to fit security systems.
Next Article:On the web.


Related Articles
ATS makes top 100 list.
Finding the Right People.
CREDIT CHECKS HURT HOMELESS.
LANDLORDS ACCESS NATIONAL CONSUMER CREDIT CRIMINAL DATABASES.
The enforcer: Jeff Cronrod takes on deadbeat tenants.
Applicant screening and leasing moves online.
First Advantage Corp., St. Petersburg, Fla., a global risk management solutions provider, acquired Landlord Protect, a New Jersey-based regional...
TenantAlert helps landlords choose.
Sector is taking its place within online community.
Simplifying real estate management technology.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters