Detect more fraudulent documents with advanced data-driven forensics methods.
Streamline the application and screening process so you can make informed decisions quickly.
Reduce time spent evaluating documents and evicting tenants using our automated solution.
The best way to avoid evictions is to adequately screen applicants—yet it’s easier than ever for tenants to alter documentation, such as pay stubs and bank statements, so they can fraudulently qualify for units.
The digitization of the rental application process has led to rampant application fraud. In the past year, 97% of property managers have experienced application fraud, which accounts for an estimated 50% of evictions. At $7,000 or more per eviction, this is an expensive problem for landlords.
To reduce evictions, you need to address the growing problem of document falsification.
Snappt is the ONLY platform that can minimize the risk of tenant fraud by identifying falsified documents. Snappt reduces the risk of bad debt with revolutionary data-driven fraud detection software.
By implementing Snappt into your current leasing flow, you can provide your team with the necessary tools to combat this unchecked problem.
We are really happy with this service. Snappt has helped us catch countless fraud applications here, which immediately translates to less of a headache for us as a staff.
We used to vet applications by hand. That took upwards of three days, and we had a high number of applicants bowing out as a result. With Snappt, we’ll submit the resident’s information and we have an answer in less than a day — often just an hour.
Snappt is simple, inexpensive and accurate. Our onsite team is happy and that means Catalyst is happy.
Property managers are a tight group, we talk to each other all the time. I’ve been telling everyone I know about Snappt. I tell them that even if you don’t have a lot of fraud, it’s still a good system to have in place so you avoid the risk.
I am thrilled with the product and the service. This is a MUST need for every property management company!
Wow. Thank you for your great service! I would like to think I could tell when there's fraud involved, and usually, I can... but not this time, which makes this specific case a prime example of why we need your services. I'm happy and thankful that you saved us from a big problem down the road!