Predict evictions better with SmartMove
When you add up the costs related to eviction, it gets expensive. Evicting a tenant can be expensive. From legal fees to court costs to financial damages and lost rent, the costs to evict range from $2500 to $3500 or more according to Transunion data. And tenant eviction can be lengthy process lasting 3-4 weeks or longer. Evicting a tenant is something that most landlords want to avoid at all costs. Using SmartMove's ResidentScore, designed for specifically for the rental industry, landlords have a better opportunity to predict the likelihood of a bad rental property outcome. Collecting over 1.5 million rental outcomes from individuals nationwide, TransUnion has identified the most crucial consumer credit data that are most indicative of evictions.
Large database of eviction records
TransUnion has a database of over 25 million eviction records. Landlords benefit from quick access to records from nearly 700 sources for public criminal and eviction records. And using our accurate match-back logic, SmartMove's enhanced subject selection helps to more accurately match results to applicants. We use our robust credit, personal, and address history database to help determine who is who. That means you receive more accurate results and less false positives. And TransUnion research also indicates that prior evictions are highly predictive of future evictions. In fact, evicted residents have nearly three times as many prior eviction and rental-related collection records than non-evicted residents, according to a TransUnion study. Checking your applicant's eviction report is one of the best ways to avoid a future eviction. Ordering a national eviction report from SmartMove can provide an in-depth view on information such as unlawful detainers, failure to pay rent, tenant judgements for rent and for possession.