Immediately after receiving and evaluating the screening report, LeasingDesk Resident Screening can deliver a recommendation to accept or deny. The empirical score is based on a statistical correlation of many factors related to credit history, income relationships and past rental behavior. Scoring thresholds are set to meet the unique needs of each apartment community. Additionally, advanced scoring logic can be applied to filter out certain types of credit such as medical collections. LeasingDesk Resident Screening can easily be configured so that every application will result in an immediate recommendation. This decision will usually be returned in less than 15 seconds.
Information extracted from the screening process is reported in an easy-to-read report with a "pass-fail" format based on the scoring model you have selected for the site. This report, aided by a traffic signal, makes the leasing decision easy because leasing professionals are not required to decipher complicated screening reports. Red means stop the leasing process, the applicant has been disqualified; yellow requires an additional conditions such as increased deposit or a cosigner; and green gives you the go-ahead to close the sale.
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