What Can ResidentIQ® Do For You?
The multifamily market is booming with an influx of new renters, and property managers need the best tools to assist them during the screening process. It’s essential that you can quickly and accurately make the best rank order risk decisions with the available rental pool.
Resident Screening With AI Technology
No two property management companies are the same. What may work for one might not work for you. That’s why ResidentIQ uses artificial intelligence technology to allow you to make accurate risk decisions on borderline applicants and offset end-of-lease cost. Also, with the intelligence scoring matrix, you can make adjustments to the applicant settings at the property level. That means the software’s results are always accurate to that property’s needs. It’s resident screening for the modern age.
A New Way of Scoring Background Checks
Rather than a black-and-white pass/fail system, ResidentIQ offers more nuanced results that allow you to make informed decisions about borderline applicants. Rather than using a basic, “rule of thumb” approach, ResidentIQ analyzes predictors of behavior that drive good rental performance. After one use, you’ll easily identify the low-risk and high-risk renters while also making an accurate risk assessment on those applicants in the middle. More than a standard background check, this predictive scoring model lets you maximize revenue while minimizing risk to determine how well an applicant will perform over the course of a lease term.
Connect ResidentIQ With Your PMS
ResidentIQ integrates with the industry’s most popular property management software. Preview some of our integrations below and click the button to get a full list of ResidentIQ’s integrations.
Preferred Integration Partners:
Dynamic, Real-Time Threshold Adjustments
The market is fluid, and your software needs to be able to change with it. With ResidentIQ, you can make dynamic, real-time adjustments to your prospect threshold to make sure that you’re getting the most qualified candidates for the rental market at any given moment. A potential renter’s score will always remain the same across any market, but your risk threshold will vary depending on market conditions. By adjusting the threshold, you’ll be able to incrementally manage risk and make the best decisions for right now and for your market.
History of rental defaults and collection debt
Good payment history and no collection debt (mid-level deposit)
Great payment history and no collection debt (standard deposit)
We’re Here For You
When you sign up with ResidentIQ, you’ll feel good knowing that support is always there ready to assist you. We offer phone support as well as text and chat options, so you’ll be able to get in contact on your schedule and at your convenience.
Speedy Onboarding Process
Once you’ve completed renter screenings, it’s time to start the onboarding process. ResidentIQ makes that easy for you and your new renter with the automated lease generation feature. We can upload your lease and addendums into ResidentIQ for easy access, search, and signing. This prospect-centric approach makes online leasing safe and easy for everyone. Plus when it comes time for lease renewal, you’ll have a more accurate estimate of vacancies. Around 80% of leases are done online, so stay ahead of the curve with fast and efficient onboarding.