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PreApproved Renter Review
What is PreApproved Renter?
PreApproved Renter is an online rental application and tenant screening solution designed to make the rental process faster and easier. Real estate professionals and their teams can use this tool for free to receive rental applications, conduct background and credit checks, and collect any required paperwork prior to showings.
PreApproved Renter offers more than a hundred real estate applications that are unique to specific landlords and real estate trade organizations such as The California Association of Realtors Rental Application. There are also free pre-approval forms for firms working with tenants who are looking for apartments. You can use the form to collect information and pre-qualify applicants. If you don’t like the default form or need to request specific information from applicants, the platform offers a drag-and-drop form builder to help you create the form you want.
In addition, the platform integrates with DotLoop, allowing users to transfer data from the app to a lease and host electronic lease signings.
Show MoreOverview of PreApproved Renter Benefits
Free Rental Application
If you are a real estate professional, you can use the PreApproved Renter to process rental applications for free. There are no contracts, set up fees, or monthly fees. All your leasing agents can get their own login and use the app’s application forms and collect any necessary information. If you decide to run background checks through the app, the applicant will be the one to pay for the service.
Fast and Easy Rental Application Processing
PreApproved Renter offers functionalities that enable users to process applications in just a few minutes. You only need to sign up for the service to get a unique link that you can send to tenants/applicants. The link will direct the applicant to an application form. Once the applicant submits their application, the platform will notify you through email. You can download the document in a PDF form along with their paperwork and reports for a background check (if available).
Get More Qualified Tenants
Brokers can use the app to request paperwork from their tenants prior to showing them the available apartments/properties. Since you have the documents, you’ll know whether the applicant is qualified or not and can avoid wasting time accomodating those that are not qualified.
Email Notifications
The platform notifies real estate agents via email when a tenant/applicant submits their application. With this functionality, you won’t miss a business opportunity anymore. Meanwhile, managers also get email notifications when an account is created or when a credit card has been declined.
Background Checks
You can check the background of your applicants through the app. It’s convenient and fast. You can get a full credit report including FICO credit score, conduct a nationwide criminal background check, check eviction history, and even check the applicant’s employment. You can also contact either the previous or current landlord/property manager via email or phone to confirm payments and tenancy. These services, however, are not free. The applicant needs to pay for the screening reports.
Automatically Generate Leases
PreApproved Renter’s integration with DotLoop allows users to create a loop from the app, merge the information from the app to a lease, and share the documents with all the parties involved including management companies, landlords, and tenants for electronic signing. This makes the rental application process faster.
Secure Solution
There are many security threats to the real-estate business. Scams, malware, and ransomware are just some of them. PreApproved Renter protects client’s data by storing them in Amazon web servers and using bank-level 256-bit SSL encryption. Also, the data is backed up daily.
Show MoreOverview of PreApproved Renter Features
- 100+ Real Estate Applications
- Pre-approval Form
- Drag-and-Drop Form Builder
- Email Notifications
- Tenant Background checks
- Dotloop Integration
What Problems Will PreApproved Renter Solve?
Problem #1: Prequalifying Tenants
If you are a real estate broker that has represented tenants, you have probably once been frustrated with the rental process. You perhaps experienced getting a call from a tenant telling you that they need an apartment. You (the broker) ask for the date of moving, the budget, their income, their credit score status, and other qualifying questions. You tell the client what paperwork they need and spend one day setting up appointments and another 2-3 days looking at apartments.
When you finally find the apartment they want to apply on, three things can happen. First, they rent the apartment. Second, you get your commission and everyone is happy. Lastly, they want to apply but they don’t have their paperwork together. Then, someone else whose more prepared beats them to the apartment. The client is frustrated and you have to start the process over again. Colossal waste of everyone’s time. They apply and get rejected because they’re not qualified.
PreApproved Renter helps you avoid this problem by offering a PreApproval form. This will allow you to pre-qualify tenants prior to taking them out. When they are ready to apply on a space you can seamlessly submit their application and paperwork to the landlord.
Problem #2: Rental Application
Many rental applications are still done with paper and pen, which is laborious and pretty time-consuming. Time generally kills deals for real estate agents. PreApproved Renter solves this problem by helping you go digital. With this software, you can simply give each agent a link to their own account and they could send the link to their client via text message or email. This makes it much faster to get the application and close the transaction.
Problem #3: Data Security
Real Estate in recent years has been the target of many scams. The loose practice of having sensitive financial documents emailed to a potentially compromised email account is no longer needed. With the PreApproved Renter, the applicant can upload their paperwork directly to the application. The information is stored on amazon web servers in a secure way.
Awards & Quality Certificates
PreApproved Renter Position In Our Categories
Knowing that companies have distinct business-related needs, it is logical they steer clear of preferring a one-size-fits-all, “perfect” software system. Be that as it may, it is nearly futile to try to pinpoint such application even among well-known software solutions. The practical step to do should be to take note of the several critical functions that merit scrutiny like important features, price terms, skill ability of staff members, business size, etc. The second step is, you should follow through the product research exhaustively. Have a look at some of these PreApproved Renter evaluations and check out the other software products in your list more closely. Such well-rounded product investigation makes sure you drop poorly fit applications and select the one which has all the tools your business requires to realize efficiency.
Position of PreApproved Renter in our main categories:
TOP
50
PreApproved Renter is one of the top 50 Property Management Software products
TOP
50
PreApproved Renter is one of the 50 Real Estate Management Software products
If you are interested in PreApproved Renter it might also be a good idea to analyze other subcategories of Real Estate Management Software gathered in our database of B2B software reviews.
Each company has different requirements and requires a software that can be personalized for their size, type of employees and buyers, and the particular industry they are in. For these reasons, no software can offer perfect features off-the-shelf. When you look for a software system, first be sure what you require it for. Read some PreApproved Renter Real Estate Management Software reviews and ask yourself do you want basic features or do you require sophisticated features? Are there any industry-specific features that you are searching for? Find the answers to these questions to help your search. There are lots of aspects that you need to reflect on and these include your finances, specific business wants, your company size, integration needs etc. Take your time, try out a few free trials, and finally select the platform that provides all that you require to improve your company competence and productivity.
How Much Does PreApproved Renter Cost?
PreApproved Renter Pricing Plans:
Free Trial
Free
$0
What are PreApproved Renter pricing details?
PreApproved Renter Pricing Plans:
Free Trial
Free
$0
PreApproved Renter does not have enterprise pricing plans. The platform is completely free for brokers, landlords, and property managers. However, they charge the tenant/applicant when the landlord, real estate agent, or property manager runs credit and background checks. Credit reports cost $19.95 while a comprehensive screening that includes credit, criminal, and eviction reports costs $39.95.
User Satisfaction
Positive Social Media Mentions
17
Negative Social Media Mentions
0
We know that when you make a decision to get a Real Estate Management Software it’s vital not only to find out how experts evaluate it in their reviews, but also to find out whether the real clients and businesses that use this software are actually content with the service. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and PreApproved Renter reviews across a broad range of social media sites. The data is then featured in a simple to digest format indicating how many customers had positive and negative experience with PreApproved Renter. With that information available you will be ready to make an informed buying decision that you won’t regret.
Technical details
Devices Supported
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Free
Customer Types
- Small Business
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for PreApproved Renter?
PreApproved Renter integrates with DotLoop for autogenerating leases. An applicant can fill out the tenant’s rental application form and transfer the information from the app to any lease.
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