LeaseRunner is an online leasing management and tenant screening solution that lets you perform criminal, credit, and eviction checks to find the best possible tenants. Its features include rental listing, state-specific lease documents, and automated clearing house (ACH) rent collection. Prices range from $0 to $33 per applicant, and it’s best for property managers, landlords, and real estate agents who may require only one or a few screening reports.
LeaseRunner Pros and Cons
Screening fee can be paid by the applicant or landlord
No separate score for lease default prediction
No site visit required
Can get expensive if you hire all services
Offers free rental listing
Who LeaseRunner Is Best For
- Property managers, landlords, and real estate agents who may require only one or a few screening reports: Since LeaseRunner has an a la carte pricing model, you can choose services individually. For instance, you can request a criminal report or eviction report only and pay for that service when the data is delivered to you.
LeaseRunner offers a la carte services with prices ranging from $0 to $33 per applicant. All of its premium services can be paid either by the tenant or the landlord.
Rental Ads With Apply Now Button
Digital Rental Application
Online Rent Payments
Digital Lease With E-signature
The screenshot below is pulled from its website, and it includes short descriptions of each of the services offered.
LeaseRunner Alternatives 2020
Tenant Screening Services
(Best overall) Those who need a screening service with affordable options that include credit checks
$7.99 to $34.99
Those who need background screening and the ability to insure rental income
$24.95 to $49.95
Those who need screening reports by certified screeners
$18.95 to $38
Those looking for scored reports rather than credit reports that include recommendations
$10 to $35
+ $35 (one-time setup fee)
Users who want screening directly from a credit bureau (TransUnion)
$25 to $40
You may create your LeaseRunner account for free. Its dashboard is easy to navigate and has a great flow of features and services from its dashboard. Below is how a standard LeaseRunner dashboard looks like.
Full Credit Report
LeaseRunner provides you with full credit reports that include essential data like credit score and recommendation, public records, a summary of accounts, and more. All credit data are delivered from Experian, one of the three credit reporting bureaus. You may check out some sample credit reports on its website.
State-specific Lease Agreement
It has a library of document templates that are tailored to each state’s laws and available for all 50 states. You can populate your document with the tenant’s information, property data, and lease terms in a few clicks and then review or edit before sending it out for e-signature.
ACH Rent Collection
As mentioned above, the screening fee can be paid by the landlord or the tenant. Please note that each property will have a separate bank account, and tenants can pay through manual ACH or autopay ACH. Electronic payment options are also available for roommates.
Available for free, LeaseRunner’s rental listing feature lets you post your ads on social media platforms, such as Facebook and Twitter, along with an “Apply Now” button and a dedicated landing page for the application form.
Summary of LeaseRunner Reviews
As of the date that this article was written (June 3, 2020), there are not a lot of LeaseRunner reviews online. If you are a past or current LeaseRunner customer, then you can leave a review to help other business owners who are deciding whether to use the service.
LeaseRunner Frequently Asked Questions (FAQs)
How long will it take for landlords to view the reports?
Landlords may view the reports in their LeaseRunner account once the applicant electronically authorized their reports, and payment was settled.
Is physical inspection a requirement?
No, it isn’t. A site visit is not required, so you can create your LeaseRunner account and then start sending requests in a few minutes.
Do applicants need to log in on their LeaseRunner accounts to authorize reports?
No, they don’t. They just need to complete an electronic form to authorize the release of their screening reports.
Can applicants edit the rental applications they had already submitted?
No, they can’t. Only landlords, property managers, and real estate agents can edit completed rental application forms.
Our Top Tenant Screening Service Providers
In case you still aren’t sure if LeaseRunner is right for you, then this article on the best tenant screening services is a review of our top choices. In this guide, we looked at a variety of solutions and narrowed our recommendations down based on pricing and essential features like criminal background checks, landlord, residence and eviction history, and income and employment verification.