![]() ![]() Not to mention, for those that wish to dig into the details of payment history, collections, and account particulars, that information is included as well. You get get both a green/yellow/red rating and a FICO credit score, as well as a total of all recorded debts. A “Credit +” report costs $30, which is paid either by the applicant or landlord. This allows credit ratings for younger applicants and others who may have short or limited credit history.u003c/pu003e Scoring Our Contenders for Credit Reporting: Avail – score 10/10:Īvail uses TransUnion to provide full, detailed credit reports. The u003cstrongu003eVantage Reportu003c/strongu003e accomplishes this by considering current economic conditions, and also delivering a score based on fewer overall records. U003cpu003eExperian claims up to 30 million more people can be scored using their Vantage model. TransUnion gives applicants a “FICO” score, while Experian gives a “Vantage 3.0” score credit score on a scale from 300-850 points.Reports from the two sources have many similarities, typically including the following: Ability to access reports without requiring the landlord to go through a site inspection or vetting process.Īlso Read: Property Management Fees Calculator Types of Information You’ll Find in Credit ReportsĪll of the products we’re ranking use either Experian or TransUnion to pull credit and background information on rental applicants. ![]() These features are meant to give landlords information that’s specifically relevant to picking good tenants. Value-add analysis, such as the SmartMove “ResidentScore” and “Income Insights”.Some landlords prefer to base their decisions on certain factors and we believe choice is an advantage. Flexibility to choose only information you deem important.Thorough credit information, including a summary of debt and detailed payment history.Our scoring of the best tenant screening service for financial background reporting was based on the following criteria: We considered the following rental property management software products in our search for the best tenant screening service: These companies offer an interesting approach for those who want to step back from property management, or live away from their rentals, but still want to stay engaged. RentRedi is a property management software product for landlords that also offers maintenance coordination. Hemlane will help you DIY manage, or take take-on full management duties. Marble finds and screens tenants, coordinates maintenance, but doesn’t handle rent collection or leasing. ![]() In short these companies take some or all showing, screening, and maintenance coordination duties off your hands.Įach company has different options, which allows you to choose which tasks you want to keep and which you want to outsource. You won’t be the only one, as the rental real estate industry is still trying to figure out what to call this category of services. Given that it’s a new and unrecognized phrase, you’ll probably look at our header here and wonder what “virtual property management” is. Read Review Sign Up Here Honorable Mention: “Virtual” Rental Management Services ![]()
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