Liberty Rent Approval Boost for Property Management Companies
Stop losing leases from applicants
you’ve already paid to acquire.
Convert denied or conditionally approved applicants into residents with Liberty
Rent Approval Boost. Our flexible solution helps property managers increase occupancy
in multifamily properties, reduce vacancy loss, and improve leasing velocity
and outcomes, all without increasing marketing spend.
See How You Can Increase Occupancy.
What is Approval Boost?
Liberty Rent Approval Boost helps properties convert more applicants into residents. We take a
deeper look at your denied or conditionally approved applicants to identify those who can fulfill
their lease obligations.
Drive Stronger Leasing
Performance with
Approval Boost
Turn more applicants into approved leases through deeper financial evaluation and fewer unnecessary denials.
Why Choose Approval Boost
Designed to help you convert more applicants while maintaining control of your leasing decisions.
- No cost to your property
- Tailored to your goals to optimize
performance at each property - Affordable access fees for renters
- No capped reimbursement pools
- Fast, reliable payments
- Dedicated support team
- No contracts or exclusivity
- Yardi integration
- Up to 6 months rent reimbursement
How It Works
Simple to Implement. Easy to Scale.
Step 1: Invite Applicants
Your Property, Your Rules. Invite applicants denied for
credit, income, or both. To maximize occupancy, we
recommend inviting all applicants denied for financial
reasons. Applicants pay just $35 to apply with Liberty Rent,
which is refunded if they are not approved.
Step 2: Liberty Rent Evaluates the Applicant
Our experienced team reviews each referred applicant using
enhanced screening, third-party fraud protection tools, and
over 10 years of industry experience. We go beyond the
traditional screening criteria to determine their ability to
fulfill lease obligations.
Step 3: Approved Applicants Pay a
One-Time Access Fee
If approved, the applicant pays a one-time access fee,
typically equal to one month’s rent.
If you enable PrecisePrice at your property, access fees
range from 50% to 125% of one month’s rent, based on the
unique financial circumstances of the applicant.
This results in a lower access fee for many applicants.
Step 4: The Lease Is Issued and the Resident Moves In
You make the final leasing decision. Once the lease is issued,
the applicant signs the lease, moves in, and your unit
begins generating revenue.
Step 5: Performance Optimization
and Reimbursement Support
We’ll keep an eye on Liberty Rent’s performance at each property
and have the capability to optimize our approach based on results,
helping support your unique goals.
If the unfortunate does occur, rest easy, Liberty Rent provides up to
6 months of rent loss reimbursement for Liberty Rent approved
residents who skip or default.
See How Approval Boost Fits Your Leasing Strategy.
Real Results from Our Partners
What Liberty Rent Approval Boost
Does (and Doesn’t Do)
Designed to help you convert more applicants while maintaining control of your leasing decisions.
Does:
Does NOT:
FAQs
In general, complete applications are reviewed within minutes and decisions are communicated the same day.
Didn’t find what you were looking for?
Get clear answers to common questions about Liberty Rent.
Stop Losing Qualified Renters
Start Converting More Leases
Every denied application is potential revenue left on the table.