Enhanced resident screening capability helps multifamily property managers reduce loss from collections, evictions, and legal action and works with Yardi Voyager and Yardi Orion for unprecedented business intelligence
SANTA BARBARA, CALIF., Feb. 4, 2013— Yardi announced today that it has completed several enhancements to Yardi Resident Screening™ designed to help clients operate more efficiently, manage risk better, comply with screening regulations, and improve net operating income.
New developments include a refreshed look and feel to the system, a revised Premium National Criminal Records module, and an upgraded National Eviction Search module for clients using the Statewide Eviction Search feature. Clients can also leverage Yardi Orion™ for SharePoint® to combine screening results from Yardi Resident Screening with resident history data in Yardi Voyager™ for unprecedented business intelligence. For example, combining these types of data can reveal payment, skip, eviction, and delinquency trends that allow property managers to adjust screening criteria to select higher-quality residents.
“The benefits of Yardi Resident Screening have been enormous for us,” said David Barnhill, vice president of finance and accounting for Ascentia. “Previously we had a patchwork of background check vendors and processes. With Yardi Resident Screening we can quickly identify residents who are a better fit for our communities. It’s easy to use, the time required to receive a report is a fraction of what it previously was, and executives have instant access to conversion statistics. Also, every community uses exactly the same process. We benefit administratively, from a cost standpoint, and in our collections.”
“We can run fast, reliable credit and background checks on prospects within Yardi Voyager, without needing a third-party vendor,” said Phil Washko, director of information technology for Chestnut Hill Realty. “This has been very helpful in converting prospects into solid leads and making sure we get the right residents in our properties.”
Ascentia, based in Littleton, Colo., has been family owned and operated since 1972. Its vision and purpose has been to provide distinctive communities for American working families who want to live in affordable housing and attractive neighborhoods that also provide a community feeling. Its unique programs such as “Help Your Neighbor” and services including debt-asset management have helped make Ascentia a leader in the U.S. land lease community industry. For more information, visit www.ascentia.us.
About Chestnut Hill Realty
Chestnut Hill Realty, based in Brookline, Mass., is one of New England’s leading residential real estate companies, specializing in multifamily housing. Established in 1969, CHR owns and manages more than 4,500 units in 27 apartment home communities in Greater Boston and Rhode Island. For more information, visit www.chestnuthillrealty.com.
Yardi has been committed to the design, development and support of innovative real estate investment management and property management software for three decades. With Yardi Voyager platform, Yardi Orion™ for SharePoint®, and the Yardi Multifamily Suite™, Yardi Commercial Suite™, Yardi Investment Suite™, Yardi provides a full business real estate management offering that includes marketing, leasing, CRM, operations, accounting, ancillary services and investment management with portfolio-wide business intelligence and platform-wide mobility. Yardi serves clients around the world from offices in North America, Asia, Australia, Europe and the Middle East. More information about Yardi products and services is available at www.yardi.com.
SEE A VIDEO
Steven Rea of Roscoe Properties discusses Yardi Resident Screening.
Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255