Tenant Checking Innovation

Introducing Tenancy Risk Score

Unique to the Property Management industry, illion Tenancy introduced a new benchmark for tenant checking with the Tenancy Risk Score.

Our Tenancy Risk Score provides greater risk assessment accuracy compared to a standard credit score because it uses a combination of both credit bureau data and tenancy data. This gives property managers and landlords a simple and reliable indicative score that summarises how much risk each prospective tenant poses. Also included is a Tenant Percentile Rank as a comparison guide with other tenants. .

A higher Tenancy Risk Score is desirable. A good, low-risk tenant will have a Tenancy Risk Score of 500 and above. 

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Tenancy Risk Score uses a combination of general analytics data plus tenancy data.

  • Credit Enquiries
  • Defaults
  • Court Judgments
  • Bankruptcies
  • Public Notices
  • Serious Credit Infringements 
  • Collections
  • Tenant Ratings from other landlords/property managers
  • 14 Day tenancy breach notices
  • Tenancy Tribunal orders
  • Anti social behaviour while in a tenancy.

Along with your Tenancy Risk Score will be the Tenant Check report showing the relevant information which is contributing to the score.

   

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