The first step for Nesbitt Realty & Management to find a dependable renter is to market your investment place to the public. But the second step is to identigy the a solid renter. Checking the backgrounds of applicants is one of the most crucial chores of every managing agent in 22309.
Nesbitt examines the prospective tenant’s past behavior. With that in mind, our family-run real estate business assumes the applicant’s future behavior will be the same. The applicant should demonstrate a history of being a solid, trustworthy tenant and at the same time possessing the financial capacity to handle the rent. Our background checking process is founded on several elements including:
- Tenant Screening – Our small operation screens tenants with a combination of checking credit history, background, eviction and criminal screening services as well as our own efforts to collect information needed to confirm and process the application.
- Application – After the potential lessee inspects a rental property, the agent takes an application. The application is accompanied by supporting documentation so that our small real estate company can verify and examine all information included on the application. The potential tenant pays for the cost of the background check at the time of application.
- Income Verification – Nesbitt Realty confirms job status, prospects for continued employment, job title and salary. Depending upon the applicant's debt load, a tenant needs to earn not less than 3 to 4 times the monthly rent in gross income to qualify for rental.
If accepted, the prospective lessee’s in-processing includes a lease, lease signing, collecting pro-rated rent, and providing the renter with a copy of any association documents needed for disclosure and instruction on rules and regulations associated with the rental property and community.
For a complete break-down our process, contact Andrew Patton or read more here. Nesbitt Realty has these important affiliations: National Association of Residential Property Managers, National Association of Realtors, Northern Virginia Association of Realtors, and more. Nesbitt Realty & Management also acquires renters through government organizations and other methods. To learn more about the full-list of what we do, contact an agent today.
When you need help with real estate, contact me, Andrew Patton at (703)765-0300.