Mountain View, CA (PRWEB) March 09, 2012
PadLister has launched a new, improved version of its online rental applications, with background checks and credit screening. This brings with it a whole suite of new types of screening, in addition to the existing credit score and debt load checks:
-Social Security Number Verification and Status Validation (verifies that the name matches the SSN provided, and that the SSN belongs to a living person)
-Date of Birth Verification
-OFAC Terrorist Watchlists
These new types of screening should help property managers become comfortable with tenants more quickly, and should make the leasing process proceed more quickly and painlessly.
PadLister employs a number of heuristics to reduce the incidence of false positives in its screening, and provides visibility to the property manager into some of the factors in its decisions, to help them decide whether any negative records retrieved are relevant. The result is that it's easier to understand the results than if they were somehow retrieving the credit and criminal checks themselves. "Our goal is to make it so that professionals and non-professionals alike have access to and can understand professional-grade screening tools," said Eric DeMenthon, founder of PadMapper.
Online apartment rental applications also open up some exciting new possibilities for helping renters. "I frequently hear from renters that they hate application fees, especially when they have to submit application after application before being accepted by one. With PadLister's online applications, a renter can fill it out once, and then reuse the same application multiple times, saving time and money. It's like the College Common App, but for rentals," said Eric DeMenthon.
The new rental applications are available now, and you can send a rental application directly to an applicant without creating a listing on the site.
PadLister is a sister site to PadMapper, and provides free apartment rental advertising and listing for landlords, property managers, and brokers.
PadMapper is the easiest way to find a new apartment or house to rent, and has helped millions of renters search for a home since it launched in 2009.