multifamily legislation

Using Information from Data Brokers? Beware the FCRA and the FTC …

As sellers and Internet service providers gather increasing amounts of consumer information, the data broker industry has expanded. Identifying themselves as “market research” firms, data brokers buy, analyze, sort, aggregate, and resell public and non-public information and analytics about consumers to companies that use the data to target their marketing efforts.

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property management

Selecting a Reliable Commercial Vendor – Doing Your Due Diligence

When selecting a commercial vendor, it is important to feel confident that you are entering into a contract with a trustworthy company.  As the nation’s leading provider of data solutions to the multifamily housing industry, CIC is committed to helping clients vet companies before entering into business agreements.
Evaluating business credit data is an essential part of the vendor selection process. This allows you to analyze any financial risks before entering into a contractual agreement and hiring outside services. Conducting research before agreeing to work with a new vendor can save you a lot of heartache and money in the back-end, by avoiding contractor fraud, poor workmanship, or a vendor on the brink of bankruptcy.

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Tenant Screening Tips

Promote Vacancies Using Unique URLs

ApplyConnect, a revolutionary alternative to traditional tenant screening for landlords and real estate agents announced a product enhancement this week, providing landlords and real estate agents with a unique web link for use in advertisements. The link can be utilized by multiple renters and no longer requires landlords and real estate agents to create an invitation for each applicant.

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property management

Credit for Renting

The Impact of Positive Rent Reporting on Subsidized Housing Residents
For many Americans, financial exclusion is a reality. These Americans, many of whom consistently meet their financial obligations as agreed, operate primarily on a cash basis and are exempt from mainstream financial services products due to limited or no credit history. Therefore, these individuals are dependent on high-cost, short-term credit, and they pay a premium for access to basic services such as utilities and telecommunications.

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Tenant Screening Tips

Three Tech Security Components to Protect Your CIC Credentials

The Home Depot® confirmed September 8, that a breach occurred with its payment data systems. This is merely the latest example of data breaches that have made national news headlines. As the nation’s premier provider of property management data solutions, CIC encourages clients to take proactive measures to protect devices and their CIC credentials.

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property management

Rental Payment History Reporting: In an Increasingly Competitive Market, Giving Property Managers and Millennials an Edge

The fourth annual national credit score knowledge survey, released May 12, 2014 by the Consumer Federation of America and VantageScore Solutions, LLC, determined that millennials age 18-34 are far less educated about credit scores than other adults. With this generation trading home ownership for freedom of renting, their lack of knowledge of credit scores could prove to be somewhat risky for property managers.

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Tenant Screening Tips

365 Connect Brings the Power of Decision to its Online Leasing Platform with CIC Resident Screening Integration

The integration of 365 Connect’s Leasing Platform with CIC brings together best-of-breed technology solutions to simplify the process for property managers to lease vacant apartment units. The integration eliminates data entry redundancies to help qualified applicants move into their new homes faster. The solution allows prospective residents to apply online, pay application fees and send data directly to CIC for immediate decisions. It eliminates the burden and expense of traditional paperwork flow by automating the application process into a completely paperless environment.

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cic announcements

CIC Now Offers Fraud-Defender to Clients’ Applicants: Increases Property Management Companies’ Revenue Stream

CIC, the nation’s premier tenant screening provider, is pleased to announce that clients may now include Fraud-Defender’s industry-leading identity fraud research, remediation and recovery systems in their application process. By partnering with Fraud-Defender, property managers will automatically provide each rental applicant numerous consumer protection benefits, while increasing their revenue stream from each rental application.

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cic announcements

CIC’s Industry-Leading Resident Screening Now Available Through ResMan® Residential Property Management Software

CIC, the nation’s leading provider of resident screening for multifamily housing, is pleased to announce this week, integration with ResMan®, a product by Ensoware, LLC offering clients a cloud-based residential management application. CIC’s integration partnership with ResMan ensures clients benefit from a software solution that promotes growth for management and suppliers, as well as gives property managers the ability to make informed decisions with industry-leading screening solutions.

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