FCRA, the Fair Credit Reporting Act, comes into conversation in real estate during the application phase. This act regulates the collection of credit information and the access of credit reports. Passed in 1970, it was designed to ensure fairness, accuracy, and privacy of personal information during credit checks. All real estate agents must be … More FCRA Compliance? Rental Beast is here to help
As the millennial generation continues to head-butt its way into the housing market, credit scores are creating a sizable burden on their ability to purchase a home. A recent Rent.com survey stated that 78% of the millennial generation renters do not plan on buying a home soon. Many cite the benefits of renting as their … More Millennials and Home Buying: A Look at Credit Scores
Long gone are the days of multiple hard-copy applications and burdensome, time-consuming vetting processes. Multiple online services have now made the application process a breeze for landlords. The top benefits of managing applications online: Generate More Applicants Online applications are easily shareable and can be posted on a multitude of social media channels. Connect with … More Managing Applications Online