We recently announced a strategic partnership with the Ontario Real Estate Association (OREA) to offer tenant screening and rent guarantee services to the association’s members. This will allow REALTORS® and their investor clients to screen potential tenants more effectively and safeguard their rental investments against tenant risks.

Rental income is critical in helping real estate investors pay for their mortgage and property expenses. If tenants don’t pay their rent, these investors could risk losing their property. SingleKey’s Rent Guarantee Program minimizes this risk by providing financial and legal support in case tenants default, damage the rental property, or if they must be evicted. 

Effective tenant screening tools for OREA members

SingleKey’s platform also offers a suite of tenant screening tools to streamline the rental process, including an in-depth Tenant Screening Report that incorporates credit checks, rental history and employment reference checks, and ID verification. This further mitigates the upfront risk of renting by allowing REALTORS®, landlords, and property managers to find reliable tenants. 

“Helping homeowners take the risk out of renting is at the heart of SingleKey’s mission,” said Viler Lika, Founder and CEO of SingleKey. “We’re thrilled to be able to extend our established tenant screening and rent guarantee services to OREA’s members so that they can support their clients in renting their properties safely.”

Our final thoughts

Learn more about how we’re serving real estate agents and helping to protect their clients’ rental income with tenant screening services, financial backups, and legal support.