The tenant application process can be cumbersome and overwhelming for both the tenant, owner and especially the property manager leaving all feeling stressed and overwhelmed! In today’s episode, co-host TJ Hock and Clay Stapleford discuss how Findigs has shifted the leasing experience with their new digital underwriting platform that protects owners and property managers from fraudulent applications. This easy to use mobilized technology is the answer to the many challenges faced when placing a tenant, making the rental experience safer, faster and accurate!
Findigs digital platform is powered by an advanced underwriting engine that didn't exist until they built it. Underwriting unlocks a much better experience verifying income, identity, and available rental units without the need to email over endless documents of personal information. Features such as tenant facial match, rental history and income verification is completed within one system funneling information into the property managers current software. Owners and property managers can now be assured that their tenant can pay the rent and are who they say they are on the application.
Timestamps:
0:00 - Introductions
3:45 - Knowing your renters financial situation instantly
10:42 - What is unique and different about Findigs?
13:11 - Why add landlord verification?
15:16 - The versatility of Findigs, including self-employed renters
18:31 - Native Pet Verification Tool
Key Takeaways:
Findigs provides instant and accurate financial information, replacing the need to wait a week or more for a background check
Mitigating the risk of a fraudulent tenant through underwriting technology
Does your tenant have the ability to pay the rent
Findigs combines the work of what previously took several platforms
AI technology is integrated to protect the owner
Applicants have a 75% NPS score, compared to the average of 25%
Syncing with renters bank accounts and income sources prevents false information
Also adds pet screening to the application process
Book Recommendation: Stillness Is The Key & The Obstacle is the Way (Ryan Holiday)