Tenant Screening and Employment Verification
Previous employments by an applicant can say a lot about the capacity of an individual to pay the rent. This goes to conclude that verifying the employment status and history of a prospective renter is important in the tenant screening process. This will reflect job descriptions, employment dates, as well duties to previous employers. Landlords will also be informed of a tenant’s estimated salaries, performances, reasons for resignation or being terminated, and qualifications to be rehired.
The usual turnaround time for employment verification is one to three days. Through this report you can verify if the report and the information provided by your applicant in your form match.
The verification result typically shows the following information
• Employer
• Employer address
• Phone
• Supervisor
• Position
• Hire date
• Termination Date
• Wage/salary
• It may also include the name of person who verified the above details
It might seem like very personal to check into those details. However, this will provide you with the perfect opportunity to really get to know your applicant better in cases when he appropriately meets your requirement. When you get good results from his employers regarding his working habits, his good working relationships and the skills he has acquired from working in those employers, you would definitely move on to sealing the deal. On the other hand, when you get negative feedbacks, especially very serious ones, you need not waste any of your time considering that applicant. If you get bad comments or reviews from previous employers or supervisors, chances are that applicant won’t follow or respect your apartment rules, too. You would like to earn continuous income for your rental business so you would not dare choose a tenant who will just give you and other tenants a considerable amount of headache. Again, employment verification is practical when you want a long-term income-generating system in your apartment.
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