Daniel Berlind is the CEO of Snappt and president of Berlind Properties. Snappt, a Los Angeles-based real estate technology company, provides a quick and inexpensive data-driven fraud detection service that can accurately spot fraudulent documentation.
Survey shines a light on how big of an issue this is for property management teams.
In Snappt’s 2022 State of Apartment Tenant Screening Survey, 85% of property managers have seen higher levels of application fraud and an ease of altering financial documentation.
The funding continues the rapid growth that the proptech firm saw in 2021.
Tech and old-fashioned sleuthing can catch bad actors before they move in.
A move to online rental applications, more self-employed applicants, and tools to alter financial documentation are key factors to this trend.