Vetting potential renters is one of the most important chores of the successful management services of a rental property in Northern Virginia.
Nesbitt Realty check outs the applicant’s past behavior. With that in mind, our team assumes the prospective tenant’s future behavior will be the same. The potential tenant should demonstrate a history of being a honest, good tenant and also having the income and debt-ratio to manage rent. Our background checking process is founded on several simple formula including:
- Application – After the applicant views a investment home, the agent takes an application. The application is accompanied by supporting documentation so that Nesbitt Realty and Management can verify and examine all information included on the application. The applicant pays for the cost of the background check at the time of application.
- Income Verification – Our tiny real estate company checks and confirms job status, job title, prospects for continued employment and salary. Depending upon the applicant's debt load, a tenant needs to earn at least 3 to 4 times the monthly rent in gross income to qualify for rental.
- Criminal Record & Evictions – Nesbitt knows it's vital to know the criminal and public court records of the potential tenant on every rental in 22307. Property Owners should be aware that almost all other rental property managers do not look at court records.
If accepted, the potential tenant’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 and community.
For a complete break-down our process, contact Will Nesbitt or read more here. Nesbitt Realty & Management also discovers tenants through State Department bulletin boards and other methods. To learn more about the full-list of what we do, email an agent today. Nesbitt Realty has heaps of critical memberships and affiliations: Better Business Bureau, National Association of Realtors, Northern Virginia Association of Realtors, and more
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