Is this a big enough pain point for owners/management companies to switch to a new provider? For this concept to work, they need to reach a critical mass to achieve the network effects. "The Verified Renter Network has benefits for both multifamily operators and renters. It identifies people who present minimal fraud and security risks to multifamily owners and operators. In addition, it provides renters with a streamlined application and screening process. To become a Verified Renter, individuals must go through a background check and meet specific standards set by a consortium of owners and operators. Once verified, it then makes the application process quicker for residents and operators. “100 represents much-needed relief for multifamily operators burdened with record levels of fraud and debt. We are setting a new standard in the rental application and screening process, and I’m thrilled to join forces with CLEAR to do it,” said 100 co-founder and CEO Caren Maio. “By leveraging CLEAR’s networked identity solution, we are setting a new standard for efficiency and security in residential real estate. This partnership is game-changing.” This marks the first time CLEAR, a familiar name at airports, has partnered with a real estate software company. Members of CLEAR can enroll in the Verified Renter Network with just a few clicks, and CLEAR Plus members can enroll for free for a limited time. “We’re thrilled to collaborate with 100 to enhance efficiency and security for real estate operators and provide renters with a frictionless experience when selecting their new home,” said Derek Gottfrid, chief product officer at CLEAR. “In an industry facing significant challenges with fraud and identity verification, it’s essential to deliver a safer and more streamlined experience for both renters and property owners.” https://lnkd.in/eG_VyRRd