Resident Screening Newsletter Header

President’s Letter

 

Over the years, I’ve seen firsthand how important a solid training process can be. Since 1989, RentGrow has been serving the Multifamily industry, growing and adapting to improve our screening process.

With the continuing advancements in technology, along with improved criminal, credit, eviction and address information, there are many factors that go into creating a successful training process.

RentGrow continues to explore and test training solutions and want to share our “best practices” this month by outlining the tips we think are most helpful. We hope you find these tips to be useful in your everyday training procedures.

As always, your feedback on our newsletter is welcome. If you have any additional training suggestions or want to discuss your specific needs, don’t hesitate to contact us.

Sincerely,

Mike Lapsley, CEO
RentGrow, Inc. 

Independent Rental Owners:

Owners with fewer than 200 rental units can now screen their applicants quickly and effectively. View details for more information.

November 2008 Issue

 

RentGrow "In the Know"
Top Five Training Tips for Resident Screening

Tighten-Up Your Resident Screening Training:  RentGrow’s Top Five Training Tips.

When it comes to using your resident screening service effectively, the right training can make all the difference in the world. According to the experts at RentGrow, these are five key training tips to keep in mind when it comes to resident screening.

Top Five Training Tips:

1. Choose a screening provider that offers regular training.
From properly training new staff members to providing refresher “courses” for veteran employees, it’s important that your screening provider offers regular and accessible training. Keep in mind that training isn’t “one size fits all.” In the Multifamily industry, there are many facets of the screening process, and some are going to be more relevant to your particular situation than others. Make sure your screening partner is aware of your specific needs. Because we understand that every client is unique, RentGrow offers free daily training classes specifically designed for our customers.

2. Make sure your office keeps up with relevant laws.
In the Multifamily industry, there are important and relevant laws that every member of your leasing staff should know. Take an extra step to round out your training process by educating your office on important laws, such as the Fair Housing Act (FHA), Fair Credit Reporting Act (FCRA) and the Fair and Accurate Credit Transactions Act, (The FACT Act).  All property managers and leasing staff should have working knowledge of each law. While your screening provider can help you in this area, you should still take that extra step and provide additional training classes focused on these laws. Make sure to stay on the lookout for new laws and provisions, such as the new sections of the FACT Act.

3. Teach best practices when it comes to security.
Since resident screening involves the evaluation of personal information, such as credit reports, it’s important that employees understand how to protect tenants’ privacy and sensitive information. Your staff should also be well versed on safe computing and security practices. For example, every employee should have his or her own password (which should be supplied by the screening company). Then, make sure employees not only keep those passwords private, but also change their passwords every 90 days (a Credit Bureau requirement). Finally, train your team to follow appropriate policies when disposing of consumer files—both virtual and hard copies. Posting these policies in an area where staff members congregate is one way to ensure awareness of proper disposal policies.

4. Remember the little things and focus on details.
Providing reminders about the “little things” — those simple, everyday procedures that may seem like no-brainers — can help your staff keep important practices top of mind. For example, it’s important for users to be careful when entering data, reviewing data, and handling and storing applicants’ confidential information. Simply entering data incorrectly can skew an applicant’s results, so encourage your staff to take the time to double-check their work to avoid easy mistakes and setbacks. 

5. Refresh your training yearly.
Take time to have an office-wide refresher training class once a year, this will improve compliance. If any questions arise about your screening service, call your screening provider for help.

Now’s the perfect time to set up your annual “refresher” training. Contact us today.

© 2008, RentGrow, Inc., Resident Screening Experts. For permission to reprint this article or to sign up to receive "In the Know," send an email to newsletter@rentgrow.com.  

If you have additional questions about other aspects of your resident screening strategy you can contact RentGrow at 1-800-RENTGROW (1-800-736-8476) or visit our website at http://www.rentgrow.com.

RentGrow, Inc  *   307 Waverley Oaks Rd, Suite 301  *  Waltham, MA  02452  *  800.736.8476

 

About RentGrow | Resident Screening | Contact Us | Privacy | Sitemap
RentGrow, Inc. All Rights Reserved. A Yardi Company.