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The Texas Reporter > Blog > Real Estate > What are verified renters, and why do you want them?
Real Estate

What are verified renters, and why do you want them?

Editorial Board
Editorial Board Published November 5, 2024
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What are verified renters, and why do you want them?
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In at this time’s aggressive rental market, attracting high-quality leads whereas minimizing scams is essential for property managers. As rental fraud continues to rise, Rently has launched a strong resolution with its Verified Renter service. This built-in lead verification service delivers high-intent prospects, serving to to safe extra signed leases, scale back fraudulent actions and save precious workers time.

High quality leads improve leasing effectivity

For property managers, the objective is evident: appeal to critical renters. Rently’s Verified Renter service addresses this want successfully. Renters pay a payment to confirm their identification and acquire their credit score rating. Then, they’re matched with properties based mostly on the property supervisor’s standards, growing the chance of qualification. This course of ends in increased engagement and exercise from leads.

What are verified renters, and why do you want them?

Verified Renters view 30 p.c extra accessible properties by means of Rently’s ILS (Web Itemizing Service), schedule excursions two hours sooner, and sometimes take their excursions inside 12 hours of scheduling. This elevated engagement results in a ten p.c rise in tour conversion charges, making certain that property managers spend much less time on unproductive leads and extra time on these able to signal a lease. Verified Renters are extra critical about their house search, which improves the effectivity of leasing groups.

In terms of filling vacancies, high quality leads are way more precious than amount. Rently’s Verified Renter service ensures that property managers obtain higher leads, finally resulting in higher-quality tenants and smoother leasing processes.

For instance, shoppers utilizing Verified Renter in Phoenix, AZ, have achieved leasing targets 50 p.c sooner than those that don’t use the service. This effectivity stems from increased lease approval charges, which scale back the time properties stay available on the market. By prioritizing high quality leads, property managers can enhance occupancy charges whereas saving time and sources.

Enhanced safety and rip-off discount

One of many standout advantages of Rently’s Verified Renter service is the improved safety it gives throughout property excursions. Potential tenants who confirm their identification and credit score rating upfront not solely meet a property’s standards, but additionally contribute to a safer displaying surroundings. In cities like Atlanta, property managers have reported a 35 p.c lower in trespasser exercise since implementing Verified Renter, making it a essential software in decreasing rental fraud.

Streamlined Workflows and Time Financial savings

Leasing groups additionally profit from the streamlined workflows that Verified Renter allows. By specializing in high-intent prospects who’re critical about renting, leasing groups can spend much less time chasing unqualified leads. This effectivity permits workers to prioritize duties like following up with potential tenants and signing leases, fairly than sorting by means of quite a few leads that aren’t a superb match.

Shoppers utilizing Verified Renter spend 50 p.c much less time managing unqualified leads, leading to extra environment friendly use of workers time and higher general outcomes.

The Verified Renter Benefit

Rently’s Verified Renter service transforms the leasing course of by delivering high-quality, extremely engaged leads. Property managers can concentrate on prospects who’re extra energetic, critical about touring, and able to talk — finally resulting in extra lease signings. Verifying a renter’s identification and credit score rating upfront not solely helps streamline the leasing course of but additionally supplies a vital layer of safety that reduces the danger of scams.

As rental fraud turns into extra subtle, Verified Renter is an important software in making certain property managers present their listings to legit renters. This service not solely protects what you are promoting but additionally enhances the general leasing expertise, saving time and making certain that properties are stuffed sooner with certified tenants. Click on right here to be taught extra.

Firm description

Rently is the chief in property touring and good house expertise. We automate your entire rental lifecycle from itemizing to lease, so operators can streamline their workflows and improve lease conversions whereas bettering renter satisfaction. You may be taught extra about our options at use.rently.com.

Contents
High quality leads improve leasing effectivityEnhanced safety and rip-off discountStreamlined Workflows and Time Financial savingsThe Verified Renter Benefit
TAGGED:rentersverified
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