RenterResume, one of the leading providers of a cloud-based smart tenant screening platform for small and mid-sized property management companies and independent multi-unit landlords, recently announced its official product launch. Prior to the launch, RenterResume was operating in private beta. Now, property managers and landlords alike can take advantage of this revolutionary paperless technology that cultivates the perfect tenant and property relationship and brings them together in a secure environment.
Known as the "Match.com" for landlords and renters, RenterResume is transforming the tedious front-end process of screening and approving renters, providing the needed credit and background data to help landlords and property management companies make informed rental decisions quickly, eliminating redundant processes needed in paper-based tenant screening.
"This has been a long-time coming, but we're excited that we have a tenant screening product that stands apart from anything else in the market," says Joshua Hines, CEO of RenterResume. "Multi-unit landlords and property managers that don't oversee thousands of properties can't justify the costs associated with many of the big software companies in the rental market now. RenterResume provides access to the same online tools used by larger companies."
Based on renter criteria provided by the property management company or landlord, RenterResume screens and reviews potential tenants, providing a quick, real-time and comprehensive assessment of the renter against their qualifications. The personalized and intuitive, color-coded dashboards provide ease-of-use for property managers and landlords alike, saving them time by streamlining the cumbersome tenant screening process and removing unnecessary paperwork and expediting the approval process. The cloud-based format is designed to be fully functional on a number of devices, ranging from smartphones and tablets to laptops and desktop PCs.
RenterResume is also bringing together big data and the rental industry together to accurately depict and predict the perfect tenant formula for landlords. These future data tools will allow companies to project costs or even show what improvements may be needed to draw a particular type or quality of renter to a property. This type of analysis can help to focus marketing efforts in the most effective manner and even set expectations for what behavior to anticipate from a possible renter.
At this time there is no cost to a landlord or property manager to post a property for rent through RenterResume. There is a flat fee that the renter is responsible to pay for processing the application. The advantage to the renter paying for the fee themselves is that they can re-use their screening amongst other property owners and managers who use the RenterResume product resulting in a possible cost savings in some of the most competitive rental markets in the U.S.
"RenterResume's cloud-based smart tenant screening product has allowed my staff to streamline the entire leasing process," saidJoseph Rieling, president of Nomadic Real Estate. "Overall, it has it has helped us operate more efficiently and dedicate time to other crucial aspects of the business."