New tenant-screening tool for small landlords

CoreLogic, an analytics provider known for its tracking of foreclosures, has rolled out MyRental.com, a comprehensive tenant screening system for independent landlords.

The new service provides applicant rental histories, eviction data, and criminal reports to small landlords who rent properties independently as those large apartment complexes and property management companies use to mitigate renter-applicant risk. Costs start at $10 per assessment.

“The recent growth in U.S. rental households is sparking demand for risk management tools tailored for independent landlords,” said Tim Grace, senior vice president of data & analytics product management at CoreLogic. “Previously, small landlords relied on their instincts, a few documents, and applicant-supplied character references to assess rental applicants. Now they have a tool to limit uncertainty and accelerate decision-making with more reliable information to qualify renters.”