All VeriFast Reviews
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Leo
Real Estate, 1 employee
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed January 2022
Rentify Rocks
I'm not sure how we got along without it. I mean, now my wife and I use Rentify as our final check. First we ask applicants to fill in a Google Form, then we ask for their credit report. Then Rentify. I think Rentify is the sharpest tool in the shed!
PROSRentify helps my wife and I screen applicants and their guarantors (if needed). I love that roommates can be lumped into the same "Applicant." Would be great if guarantors could be too. I also like the summary; the green/red flags for ID, NSF, and Credit draw my immediate attention, which is great. The reports are detailed and include the applicant's ID. Nice!
CONSI wish the reports showed everything that can be seen onscreen. For example, the NSF info, although included in the summary, does not appear in the report. Also, what happened to the score wheel? Or was it a bar chart? I remember the summary onscreen included a colourful illustration of the applicant's overall financial health.
Teri
Real Estate, 2-10 employees
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed January 2022
Rentify is Simplfying My work!
I am Enjoying Rentify so much, having a quick snapshot into the financial state of a tenant makes it way easier then guessing and taking their word. It also allows for someone with a tainted credit score to still prove they are financial above to afford the unit. I love the reports and the detail
PROSUsing Rentify has simplified the work required on my end, i simply send the link, review the application and the guess work has been removed, all the extensive information is right there for me to access. Once i have review it i can shortlisted or decline the application, making it easy to access the ones i have manual approved and then get them to the leasing process
CONSI one difficulty i have experiences is that when applications come in they are filtered by unfinished, finished etc, however there's no filter to separate by unit number. If i have multiple rentals, i can to go in and match the amount to the potential rental unit, and therefore having to go back through conversations to make sure the applicant it or the right unit. Having a filter to toggle between rental units would be beneficial
Reasons for switching to VeriFast
Having a better financial picture into tenants true status
Jason
Real Estate, 2-10 employees
Used daily for less than 12 months
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed January 2022
Rentify Rocks
Great!
PROSThe automation between applicant and application
CONSI liked the previous grouping system for applications to the current one.
Anthony
Real Estate, 1 employee
Used monthly for less than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2022
Incredible Software for Screening Tenants
Verifast has completely changed how I screen tenants. It's given me much more confidence in making wise decisions selecting tenants. I recommend learning how to use it to EVERY real estate investor I know, and even teach a class on how to rent out your home, and highly recommend this software in that class as a part of the tenant selection process.
PROSBeing able to verify the financial health of tenants... it's very powerful what you're able to see into people's finances to help you make a safe & confident decision as a landlord.
CONSCan be tricky for tenants to figure out sometimes... especially the not tech-inclined demographic. Also can be trickier to connect to smaller banks/credit unions, but easily fixable through troubleshooting.
Jessie
Real Estate, 11-50 employees
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2022
Great software
It is very easy to use. All I do is send an email with instructions and the link to the applicants that I'm wanting to rent to and they do the rest. Rentify has their own customer service so if there is something that an applicant is having problems with they can reach out immediately to the customer service to help them. Makes making the decision to rent to an applicant a lot easier.
CONSBetter explanation on why the applicant must sign into their bank app. Some don't trust this and do not understand why they must sign in. However from everything I use the software for I have no complaints.
Quentin
Real Estate, 2-10 employees
Used monthly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2022
What an Innovative Product
The type of data that I have access to which helps in the decision making process. This gives me more insights than a credit report. We have found, informally that it has reduced selection of non-paying tenants by 50%, an overall savings across the portfolio for the small cost of a report.
CONSColor Scheme of the software on some of the screens.
Michael
Real Estate, 1 employee
Used monthly for less than 6 months
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
FUNCTIONALITY
5
Reviewed May 2022
Saves time, cuts down on potential fraud
Fake pay stubs, and phony points of contact for verifications are not unusual in my business. Verifast eliminates that risk by going right to the source. It faster than a traditional verification, and more reliable. Well worth the cost.
CONSI wish there was a way for me to provide the client email and send the application directly from Verifast. As it is I have to get the link, and send it to the applicant. Would be more professional the other way around. I'd also like to see more resources to ease applicant concerns about the process. Providing financial information to a third party can be scary in today's world.
Reasons for switching to VeriFast
I got defrauded with the previous process. Verifast served as a process improvement.
Jory
Real Estate, 1 employee
Used monthly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2022
Amazing!!
Top notch
PROSRentify was so straight forward to implement into your tenant selection process! Allowed us to verify all our applicants information
CONSWhile using Rentify I Didn’t find anything missing,
Amanda
Real Estate, 11-50 employees
Used monthly for less than 12 months
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed January 2022
Great Program
If there are issues needing troubleshooting, the techs are on it right away.
PROSRentify has made approving tenants easy. Very user-friendly and informative.
CONSThe system can be glitchy when applicants try to create a portfolio. I think this has been addressed and fixed.
Reason for choosing VeriFast
Rentify offers much more information than a typical credit check.
Jessica
Law Practice, 2-10 employees
Used monthly for less than 12 months
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2022
Excellent Tool
it is an excellent business resource
PROSI find that the platform allows for me to filter through tenants and choose good application with good credentials
CONSoften I find the link is offline and sometimes the features are not working. I also dislike the I cannot delete applicants
Mandy
Real Estate, 2-10 employees
Used monthly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2022
Choosing Tenants
Helpful and knowledgable to be able to set up my team to be able to implement this software in our tenant screening process.
PROSThe ease of sending our client into the security of the system and the clarity that was described about the process. Love the REAL data that it provides.
CONSThere is some hesitation from the clients to say YES
Reason for choosing VeriFast
I feel that credit checks are outdated. Not a great idea to what is going on in someones current financial situation. Many are outdated, tarnished from bad decisions years past, but the credit check still makes it look really bad.