Beyond Rent: Exploring Property Management
Ensuring Speed And Confidence In The Resident Screening Process
Sep 24, 2023
The podcast explores the impact of technology and innovation in the real estate industry, emphasizing the importance of speed and confidence in the resident screening process for property managers. They discuss the challenges of making confident and timely decisions, highlight the value of better technology and processes, and share contact information for the Find Diggs team.
35:25
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Quick takeaways
- Speed is crucial in the screening process, with decisions made in under 24 hours improving rental probabilities.
- Property managers should prioritize security and transparency in the application process to establish trust with applicants.
Deep dives
The Importance of Speed in the Screening Process
In the podcast episode, Clay from FindIGS emphasizes the importance of speed in the screening process. Applicants who receive a decision in under 24 hours are 83% more likely to rent, highlighting the significance of a quick screening turnaround. Property managers should focus on streamlining and automating their application process to provide a seamless and efficient experience for applicants. By leveraging technology and utilizing a rules-based approach, property managers can achieve timely decisions while maintaining compliance and accuracy in their screening process.
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