A lot of other management companies are no longer allowing their employees to complete rental verifications

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1 year 3 months ago #641144 by Rachel Aguilar
Hi everyone!
Our company has noticed that a lot of other management companies are no longer allowing their employees to complete rental verifications for a past or current resident that lived in their community. Does anyone know why this is? Is it just out of fear that someone may provide too much info to avoid a lawsuit??
We’ve had a few applicants recently that are teetering on the edge of our requirements and the rental verification would be super helpful for us to make a more informed decision.
TIA!!
1 year 3 months ago #641144 by Rachel Aguilar
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1 year 3 months ago #641145 by Jessica Robinson
1 year 3 months ago #641145 by Jessica Robinson
Chelsea Coker
1 year 3 months ago #641146 by Chelsea Coker
Properties are being sold left and right. When a new company takes over the software does not look back farther than takeover. Documents should still be onsite for 7-10 years, but no one wants to go look through them and so they just say they can't verify.
1 year 3 months ago #641146 by Chelsea Coker
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1 year 3 months ago #641147 by Melissa Riley
You can always just ask the applicant for a ledger showing their payment history.
1 year 3 months ago #641147 by Melissa Riley
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1 year 3 months ago #641148 by tracie clemenz
If they were borderline, I would probably deny them. I’ve reached out to managers before and just asked would you rent to them again or not? It’s really frustrating that companies expect you to verify but they won’t do the same.
1 year 3 months ago #641148 by tracie clemenz
Jennifer Kotzur
1 year 3 months ago #641149 by Jennifer Kotzur
If they can provide a final account statement aka SODA and there is no landlord debt I will allow that
1 year 3 months ago #641149 by Jennifer Kotzur
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1 year 3 months ago #641150 by Dave Scruggs
I've seen this quite often.....
"If I tell you they are trouble and about to be evicted, you won't approve them and I will have to pay court eviction costs!".......
1 year 3 months ago #641150 by Dave Scruggs
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1 year 3 months ago #641151 by Erick Burke
A lot of companies are investing in systems/CRMs that don’t require anything outside of screening prospects. Some of theses systems are super sophisticated. This is helpful for streamlining processes and reducing fair housing violations. (I’m sure several other perks too, but those are my top two)
Hope this helps!
1 year 3 months ago #641151 by Erick Burke
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1 year 3 months ago #641152 by Amanda Gunn
We have had a few evictions and part of the stipulation from the tenants counsel has been to not provide those details, so we use "Unable to disclose" but not by our normal practice.
1 year 3 months ago #641152 by Amanda Gunn
Parissa Neysari Riggs
1 year 3 months ago #641153 by Parissa Neysari Riggs
A lot of management companies are now reporting to credit bureaus so you should be able to see rental history in a credit report. However, I've noticed that rental verifications are becoming "old school" as it was explained to me. You can always have the applicant request a copy of their full ledger and put the responsibility on them instead of another company/leasing agent.
1 year 3 months ago #641153 by Parissa Neysari Riggs
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1 year 3 months ago #641154 by Kathy Chaney
I don't understand it either. I could care less about a credit score, if rental is good. They have their priorities straight if they pay their rent on time and let their credit go. But it is becoming more and more difficult to get rental verifications, especially when so many properties don't even answer the phone anymore.
1 year 3 months ago #641154 by Kathy Chaney
Adrianne Luper
1 year 3 months ago #641155 by Adrianne Luper
Our company does not allow us to give any negative information. I can’t say they left without notice or they owe us money. I can simply say that they lived there and the dates. I can’t even tell you if I will lease to them again or not.
1 year 3 months ago #641155 by Adrianne Luper
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1 year 3 months ago #641156 by Renae Maisano
I have found when pressed, they owe a balance. The courts are inhospitable at best in regards to unpaid rents and resident lease violations with the landlords left to do whatever to be done with the situation.
I find company policy is dates of residency and maybe rental rate
1 year 3 months ago #641156 by Renae Maisano
Kimberly Redick
1 year 3 months ago #641157 by Kimberly Redick
It would be breaking Fair Housing if you didn’t require the same rental verification for “everyone”… As long as you use the same form requiring the same information, you would be fine.
1 year 3 months ago #641157 by Kimberly Redick
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1 year 3 months ago #641257 by Meera Dane
What our lawyer said was, "You have no legal obligation to respond to any inquiries about tenants. In order to avoid the unlikely possibility of defamation claims by former tenants, I encourage a policy that limits responses to inquiring prospective landlords to:
1. that the tenants was a resident at your property;
2. the dates of residency;
3. whether rent was timely paid; and
4. whether the tenant was evicted.
The truth of all these facts are easily confirmable from the tenant file.
All other inquiries should be ignored. It can be explained that it is [the company's] policy to limit information to the above listed information."

We just look for two questions to be answered on our sheet: "Would you (if they qualified) rent to this person again," and "Did they leave any damages?" Everything else is gravy. Or icing. I don't know what kind of food additive, but it's extra that would be nice but not essential. :)
1 year 3 months ago #641257 by Meera Dane