An easy-to-use prequalification tool gives tenants an edge and provides insurance for landlords.
SAN FRANCISCO, California, United States, January 12, 2022 /EINPresswire.com/ – “Apartment finding” is an apt description for securing rental accommodation: it is often a primitive and ruthless process. Tenants fighting over access to a limited number of apartments often bring out the worst in people, and the decision-making process for landlords becomes just as difficult and frustrating. Now it gets even fiercer. A recent report from the National Association of Realtors shows that the cost of housing is rising due to a historic supply shortage. New home construction has lagged behind the previous 30 years, which will most likely inform an influx into the already fiercely competitive rental market.
But renting an apartment doesn’t have to be a brutal undertaking. The newly launched website RentQualifier.com offers a straightforward tool that takes the fear, unknowns, and arduous complexities out of the rental process for tenants and landlords alike.
RentQualifier.com offers a revolutionary service for renters and owners that joins the ranks of other successful real estate tech startups launched in the past two years. It offers this critical first step in the rental approval process by pre-qualifying potential tenants for housing, prior to any apartment viewing. Prequalification sets applicants apart from owners, leasing agents, and property managers as strong prospects, and it can be done in just 60 seconds.
RentQualifier’s proprietary algorithm calculates a tenant’s unique RentQualifierScore (RQS). The RQS is an independent and unbiased opinion of an individual’s “rental value” and is based on solid, proven principles and backed by data and technology from one of the major credit bureaus. Establishing a conventional prequalification process ensures equitable access to housing for all tenants – tenants can either meet industry specific financial requirements or not. The fee for the service is $ 60, and the results can be printed or saved to a device, and they can be shared with property managers for up to 60 days.
RentQualifier.com provides its service for free to landlords and streamlines the tenant selection process for property managers by screening out unlikely applicants and targeting quality applicants. The RentQualifier.com tool is easy to add to property management websites and integrate into the verification process. It level the playing field for tenants and helps landlords and property managers make informed risk assessment decisions. RentQualifier.com refreshingly reinvents the rental process for everyone – it’s the fast lane from apartment finding to nesting. rallying.
If you would like more information on this topic, please call Andrew Clark at (609) 233-1651 or email [email protected]
+1 (209) 649-4092
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