CheckpointID reaches milestone of 5,000 multifamily communities utilizing its platform to mitigate bad debt and standardize tours
CARROLLTON, TX – CheckpointID, the largest fraud prevention company in the multifamily space has reached a milestone of 5,000 multifamily communities that trust CheckpointID to help mitigate bad debt and standardize their tour process.
“I could not be more pleased to be the fastest growing company in the space as we now represent over 1.4 million apartment units and 5000 properties utilizing our service for safety, fraud prevention and tour consistency. With more than 2 million verifications completed, we continue to provide properties with a vital safety tool as well as a fraud prevention product that is unique to the apartment industry” said Terry Slattery, CEO CheckpointID.
Statistics have shown that historically there is a direct relationship in the United States between a struggling economy and the occurrences of fraud. Unemployment numbers rising has already caused an increase in the amount of fake IDs we are stopping at the tour for apartment communities.
ABOUT CHECKPOINT ID: CheckpointID is the leading fraud prevention service in the multifamily industry. Headquartered in Carrollton, Texas, CheckpointID has grown from serving 21,000 units in January 2019 to 1.4 million units just a year and a half later, making them one of the fastest growing new companies in the apartment space.
Sares Regis Group protects communities and stakeholders with ID verification
Founded in 1993, Sares Regis Group offers vertically integrated asset management. They draw on over 30 years of real estate experience to build, market, manage, and maintain communities that remain attractive to customers while ensuring top performance for owners. Business Challenge: SRG management were seeing abnormally high rates of bad debt at three properties in … Continued