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Cosign stimulates demand by qualifying more applicants
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When a nearby automotive production facility reduced output and cut jobs, a factor outside of anyone’s control hampered demand at our previously 98% occupied property. Cosign was added in a pilot with Woodruff Property Management and helped boost occupancy by 8% in less than 3 months!
Replace demand without lower qualifications criteria
A landlord and property manager were unwilling to reduce their qualification criteria to stimulate wavering demand after a nearby major employment driver cut output and slashed jobs.
Rather than allow applicants deemed to have an increased risk profile to lease at their property, the manager and landlord added Cosign so they could convert more of their applicants into signed leases - without taking incremental risk!
Cosign increased occupancy by 8% in 3 months
After an employment hub downsized, Cosign helped recover demand - boosting occupancy by 8% in under 3 months without relaxing screening criteria.
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Cosign restabilized a property after a local employer cut jobs and helped 30+ families access housing for which they otherwise would not have qualified.
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What to look for when screening rental applicants: A modern guide for property managers
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