As the 6th largest state and 14th most populous in the Country, Arizona continues to grow and be a great spot to live. The population of Arizona includes nearly 7.3 million people. With such a large population, it’s important for property managers and the multi-family housing industry to be proactive in ensuring their resident’s safety. This includes preventing and reducing rental fraud, as this has become a more prevalent and increasing issue. In fact, nearly 97% of management companies report that they’ve experienced rental fraud. Did you know that rental fraud can cost landlords between $5,000-$10,000 per incident? Between legal fees, wasted time, and missing out on good tenants, this can be detrimental for property owners. That’s why we provide a product that helps the multifamily housing industry to take precautionary measures to prevent rental fraud. CheckpointID’s online ID verification software scans and verifies IDs in real-time at the beginning of apartment tours, to tell you in seconds whether the ID passes or fails. This gives leasing agents peace of mind during the tour, saves time, and helps to prevent rental fraud. Learn more about how our ID verification system is beneficial below.
How Does CheckPointID Work?
Our ID verification system scans Domestic & International IDs including passports, driver’s licenses, and more. When you scan an ID, our system instantly matches thousands of lines of ID code against our proprietary library of international databases, searching for inaccuracies. Within seconds, our high-tech verification system will tell you if the ID passes or fails. This simple step can save you in the long run, both in time and money.
The Benefits of Using ID Verification to Prevent Rental Fraud
Our user-friendly ID verification system is highly effective in preventing rental fraud in Arizona. CheckpointID’s verification system takes it a step further than ID parsing, which only checks to see if all fields are filled in. With ID scanning, our system checks to ensure that each entry is valid when checked against thousands of international databases. This helps to catch fraud before it begins. Not only does this help to improve leasing safety and prevent rental fraud, but it also provides real-time marketing data that can be beneficial for your business.
Request a Demo from CheckpointID
Want to learn more about how our ID verification software works and how it can save your property management company time and money? Request a demo with CheckpointID today. We’ll be glad to answer any questions you may have and show you how it works. We look forward to hearing from you and together, helping to prevent rental fraud in Arizona.