While you may associate background screening exclusively with pre-employment background screening, this powerful tool has many other different applications, including vetting tenants. Keep reading to learn more about how tenant screening leads to more informed renting and leasing decisions.
What Is Tenant Screening?
As its name suggests, tenant screening consists in utilizing some of the techniques and processes of background screening to identify the best residents and tenants for your properties.
Tenant screening makes sense for several reasons. Above all, it allows you to protect your rental profits, but it also minimizes other risks, such as property damage, or disputes with neighbors or residents.
Millions of landlords, realtors, and property managers all over the United States and abroad are already saving money and time by adopting tenant screening as a standard component of their decision-making process.
What Are the Advantages of Tenant Screening?
Screening your prospective renters is a smart move that gives you the peace of mind that comes with knowing that you have made an informed decision.
However, useful as it is, the background screening process can be time-consuming and complex for the uninitiated. That’s why it makes sense to seek the assistance of a company with a proven track record of success in the screening industry.
These are some of the benefits you can enjoy by partnering with a reliable background screening company to vet your potential renters:
- Ensure that potential tenants are able to make rent payments on time
- Safeguard your properties
- Offer increased security to other tenants
- Minimize legal and turnover costs
- Reduce collection expenses
- Reduce evictions
- Comply with the Fair Credit Reporting Act (FCRA) and all other applicable legislation
Interested in tenant background screening? contact the experts at Plexus Global today. They will answer all your questions and help you minimize your risks with our customized background screening solutions.
Learn More About Background Screening
These are some previous posts you can read to learn more about the ins and outs of background screening:
- 3 Company culture trends to watch in 2021
- 4 Ideas to make the most of virtual recruitment
- How should coronavirus impact performance reviews
- Use these strategies to keep remote workers engaged
- Why are background checks important?
- The basic do’s and don’ts of background screening
At Plexus Global we ensure global candidate screening through tailored solutions and the most reliable technology.
Plexus Global empowers companies to hire safely with knowledge. We are located in Riverside, California. Contact us today by telephone (844-516-1008), email, or through our social media accounts on Facebook, Twitter, and LinkedIn to learn more about our services or schedule an initial discussion with one of our experienced professionals.