The first step for us to identify the best renter is to market your rental property to the public. But the second step is to identigy the the right lessee.
Nesbitt Realty & Management check outs the prospective tenant’s past behavior. With that in mind, Nesbitt Realty and Management assumes the possible lessee’s future behavior will be similar. The potential tenant should demonstrate a history of being a solid, honest lessee and at the same time having the income and debt-ratio to manage rent. Our background checking process is founded on several fundamentals including:
- Income Verification – Nesbitt Realty confirms salary, job title, prospects for continued employment and job status. 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.
- Application – After the potential renter views a investment home, the agent takes an application. The application is accompanied by supporting documentation so that our family-run real estate company 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.
- Criminal Record & Evictions – Nesbitt sees it’s crucial to know the criminal and public court records of the applicant on every rental in Northern Virginia. Property Owners should be aware that many other rental managers do not check out court records.
If accepted, the prospective lessee’s in-processing includes a lease, lease signing, collecting pro-rated rent, and providing the tenant 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, email Nesbitt Realty or read more here. Our tiny operation has several necessary memberships and affiliations: Better Business Bureau, Virginia Association of Realtors, Northern Virginia Association of Realtors, and more Nesbitt Realty also acquires tenants through Internet web searches and other methods. To learn more about the full-list of what we do, contact an agent today.
Why do our clients love us? Because we love our clients. If you’d prefer to work with a family-run business, contact Nesbitt Realty.