You don’t have to be jealous of their results. You can have them too.
From drowning In debt to record-low delinquencies: The Dayrise screening breakthrough
80%
delinquency rate decrease
20x
return on investment
Challenge
Late rent was piling up. Tenants were slipping through the cracks. The old-school screening was about as effective as a screen door on a submarine. They needed a hero, and fast.
SOLUTION
Live video biometric matches that could tell a con artist from a conscientious tenant in a blink, and direct bank connects that made financial underwriting as tight as Fort Knox. For those a little old-fashioned, pay stub and bank statements PDFs could also do the trick.
RESULTS
Fast forward a year, and the numbers speak for themselves. Through the tech-wizardry of Verifast, Dayrise watched their delinquency rates plummet like a lead balloon in a lake. It was like flipping a switch from red to green.
From Chaos to Clarity: How Greystar Streamlined Applicant Screening and Reduced Costs with Verifast
There were a lot of false documents we weren’t really catching [with Snappt and CheckpointID]. It benefits the on-site team and our clients, and takes away risk from us. I’m a fan!
13% to 0 Net New Delinquencies: Northfield Properties’ Success with Verifast Automated Screening
After switching from credit checks and manual paystub review, we were able to reduce delinquencies from 13% down to 0 net-new delinquencies using Verifast. I would definitely recommend it to other communities.