It literally takes two minutes for us to get all of the relevant information to evaluate prospective residents and approve their applications. It really is that easy.AJ Szulewicz, Owner, Northpoint Properties
Northpoint Properties Halifax, Nova Scotia Northpoint
Properties is a family owned and operated business that has served at the Halifax market for more than 40 years. The company is focused on raising the bar and delivering more value than any other apartment rental company in town and making the company a household name. Northpoint practices what it preaches: making renting easy. In 2021 the company partnered with VeriFast to improve its ability to screen applicants and get them into units as quickly as possible.
“Credit checks may be the industry standard, but we’ve never used them as an assessment tool. They’re a waste of time because they don’t give an accurate picture of whether or not someone is going to be a good tenant or not,” says AJ Szulewicz. “Our standard process was to check with prospects’ current landlords and past landlords to find out if they were good tenants or not, and we also conducted an employment verification. The problem is that it often took weeks to get this information because companies are very slow to respond to these kinds of inquiries.”
There is a significant downside to picking a bad tenant.
During the first few months of the COVID-19 pandemic, there was a province-wide moratorium on evictions, meaning that landlords had little recourse when it came to nonpayment of rent. Even after the restrictions were lifted, property companies weren’t out of the woods. That’s because in Nova Scotia a typical eviction takes three or four months, which can lead to significant revenue losses for property owners. Szulewicz says that he was looking for a better way to evaluate prospective tenants when he saw a banner ad for VeriFast. “It looked like exactly what we needed, so we sent an inquiry. It only took us a week to onboard the system, and we haven’t looked back.
Instead of taking weeks to get the relevant information we need, it literally takes only two minutes to process an application because all of the information is automatically uploaded. And we absolutely love the reports that we get. They are really easy to read, and they give us exactly the information we want. VeriFast has been a great fit for us.”