Dan Berlind
Securing trustworthy renters is an ongoing challenge and migraine-inducing process for property managers. Screening applications for fraudulent data and document fabrication to decrease eviction rates and rental fee defaults down the road is a top priority. Property managers, with small to large rental inventories, need screening tools that provide reliable ...
The Link Between the Eviction Crisis and Application Fraud
Eviction rates have been rising for years, but the COVID-19 pandemic has pushed them to new levels. These evictions are having devastating effects on both tenants and property managers, and while there are moratoriums on evictions at local, state, and—most recently—federal levels, these effects will remain. Why have evictions risen ...
Even the most seasoned property managers fall victim to tenant fraud. According to a 2020 survey conducted by ReRez Research of 100 property professionals, two-thirds of them experienced losses due to fraudulent rental applications. As for the remaining third? Just give it time: applicant fraud is on the rise and ...
