Love it! First time ever that I had an ATL lease-up at 90%+ with $50 delinquent. We love trailblazing at Pegasus Residential!
Document Fraud by the Numbers
EVICTION COSTS SAVED
Snappt detected a fInancial document fraud rate of 11.7% in July and helped property managers prevent $11.1 million in eviction losses!
If you don't have Snappt at your property, click here for a demo.
Five Things You Need To Know To Succeed In The Real Estate Industry
This July we've seen a slight uptick in fraudulent activity across the board. What other trends are impacting the real estate industry overall?
I invite you to check out the most recent installation of "Five things you need to know to succeed in the real estate industry," an insightful discussion with Jason Hartman of Authority Magazine.
Below we share some additional insight into the last month of fraud trends. We hope you find the information insightful.
CEO Snappt Inc
Look out for Fake References
References can be faked by friends, family, and hired companies. If your applicant rented from an apartment or property management company, Google the company or call them directly.
If your applicant has a private landlord as their rental reference, it's harder to verify. Typically, you can tell if a reference is fake by looking up whether the given name on the application matches the property ownership or business registration.
Don't Miss this Must-Read Report
Confronting the Costs of
Applicants are falsifying financial documents and using them to apply for rentals. Can property managers outpace tenant fraud even as technology makes it harder to catch? Download our checklist to learn more about the signs of document fraud within tenant applications.
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