Written by Tenant Screening Services, LLC
We currently live in a world that information is required instantly at a push of a button. Therefore, many homeowners undertaking tenant background screenings would require their tenants to be checked within 24 hours. Many companies offer instant background checks online within a day, however, there are some potential risks and gaps that should be considered.
Issues with database gaps and latency – In reality, there is no centralized, real-time database that contains criminal, employment, and motor vehicle record history. On top of this, all criminal records in the US are not centralized. Some providers may give you dated, incomplete information that could affect you choosing a tenant that you otherwise would reject.
What impact will an instant background check have on me? – If your tenant has a common name, an instant background check will give you criminal records for all similar names. This would mean that you as a landlord would have to weed through to find your specific tenant. This can be a time-consuming process.
Is an instant background check really instant? – Usually, companies will state that they offer instant background checks, but the time you receive your information would greatly depend on the package you order. Make sure you read through the contract before you confirm your payment.
If you undertaking a landlord credit check, look for instant background checks that offer speed, quality, and reduced administration work for you.