Spending Power

Are you ready to revolutionize the rental landscape?

Introducing Spending Power—a dynamic tool designed to transform how tenants and managers approach affordability in the rental market

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Why Spending Power?

. 

-30
%

Fewer Evictions

-45
%

Fewer Declines

+50
%

Deal Conversions

+80
%

Tenant Satisfaction

Why tenants love Checke..

Tenants love Checke! Get pre-approved to rent in 30 seconds, share your income securely, and stay in control of your data. Stop sharing or delete it anytime—your info, your rules! Checke gives you transparency, convenience, and peace of mind, all in one easy-to-use platform!
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What is Spending Power?

 

Checke uses income verification data to give your prospects a figure of what they can afford based on your rent-to-pay multiplier.

  • Prospects don't always know how much rent they can afford.
  • Land your prospects on the right unit before they apply
  • Reduce rejected applications and increase sales
  • With Spending Power by Checke, you can supercharge your Leasing Team while providing transparency to your prospects
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How it Works. 

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Scan QR Code

When prospects enter your property they will scan QR code to verifiy thier I.D. 

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Verifies Income

The prospect establishes a connection to their bank account through Checke, which digitally verifies their income.

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Spending Power Limit

We return a spending power amount based on the pre-approval settings determined by the building.

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Spending Power Settings

The manager can set thier own pre-approval settings from thier dashboard. 

 

Benefits of Spending Power. 

 

For Tenants:

🔍 Empowerment through Knowledge: Understand your financial capabilities better than ever before. Spending Power provides a crystal-clear picture of how much you can comfortably afford, ensuring informed decisions when choosing your next rental property.

📈 Maximize Affordability: Say goodbye to guesswork! With Spending Power, you'll pinpoint properties within your financial reach, ensuring your rent aligns seamlessly with your income and financial goals.

💼 Enhanced Confidence in Applications: Stand out as a qualified tenant! Armed with a detailed understanding of your spending power, present yourself as a reliable candidate to landlords, reinforcing your credibility in the rental application process.

 

For Managers:

📊 Effortless Affordability Assessment: Simplify tenant evaluations with a reliable metric. Spending Power streamlines the process, allowing property managers to gauge tenant affordability swiftly and accurately, reducing vacancies and improving decision-making.

🎯 Tailored Settings for Precision: Customization is key! Property managers can fine-tune Spending Power settings to reflect the nuances of their rental market, ensuring precise assessments aligned with specific property types, locations, and managerial preferences.

🔒 Mitigated Financial Risks: Reduce the uncertainty of tenant income verification. Spending Power provides a robust framework for assessing affordability, and minimizing financial risks associated with tenants who might struggle to meet their rental obligations.

What Our Customers Say

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Jessica
My experience as a tenant has been nothing short of amazing! Thanks to the automated verification system, the income verification and overall application process were fast and hassle-free. I didn’t have to deal with lengthy paperwork or constant back-and-forth emails. It was great knowing everything, including my income verification, was securely handled. I felt confident throughout the entire process, and I was approved much quicker than I expected.
Jessica R.
Applicant
★★★★★
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I’ve been managing multiple properties for years, and this platform is by far the best tool I’ve used for tenant screening. The automatic rent-to-income ratio calculator is a game-changer, ensuring we only approve tenants who meet our financial standards. It’s saved us from countless potential defaults and sped up our overall tenant approval process. The integration with payroll providers for income verification is seamless. Highly satisfied with the results!
Mark L.
Sinor Property Manager
★★★★★
Sarah W.
As a property manager, using Checke has transformed our operations. The streamlined process for verifying tenant income, especially with tools like income and employment verification, saves us a significant amount of time. Approvals are faster and more reliable, and we’ve reduced the risk of selecting tenants who may not meet our financial requirements. I highly recommend this service to any property management company looking to improve efficiency and minimize errors.
Sarah W.
Director of Marketing
★★★★★

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