Home owners who have been trying to sell their properties for a year or more might consider lease or a rent-to-own option.

A lease option agreement gives the tenant the option to buy at a predetermined price for a rent that is slightly higher than market. In a lease purchase, a buyer commits to buying the property. In exchange, the seller credits a percentage of each payment toward the purchase price.

Either arrangement is likely to attract serious renters who would like to buy the property if they can. In exchange, they’ll take good care of it.

Negotiating these agreements can be tricky, and the owner should always get help from a real estate professional.

We appreciate the opportunity to serve your needs.

Nesbitt Realty
Our team will help you achieve your real estate goals.

Nesbitt Realty takes property management very seriously. Our agents and full-time staff are full-time in the property management business and we meet weekly to keep abreast of industry changes and to hone our best practices in property management.

Nesbitt Realty is a family business that strives for excellence in real estate. That means working hard to analyze the best possible solution to maximize our landlord’s return on investment. We work hard to meet the requirements of the Virginia Residential Landlord Tenant Act, the demands of the tenant and the needs of the landlord. Call us to find out more about what makes us different from other property managers.

We serve most of Northern Virginia and have offices across the area. We manage single-family homes, townhouses and condominiums.

Read more about property management service

No one knows more about the local real estate market than Nesbitt Realty.

Tips for Landlords

Will Nesbitt

View posts by Will Nesbitt
Will is the principal broker of Nesbitt Realty and Condo Alexandria. He is licensed in anywhere in the Commonwealth of Virginia, but focuses on those communities found in and around Alexandria, Arlington, Mount Vernon and Springfield/Franconia. Will has been involved in real estate management, sales and investment for more than twenty years. He is a veteran of the U.S. Army. While in the army, he studied Russian at Monterey's Defense Language Institute. He is also a "veteran of the dotcom wars" and built most of the sites associated with NesbittRealty.com Will currently resides in Belle Haven Estates just outside Old Town, overlooking New Alexandria. He is a former president of the Mount Vernon Youth Athletic Association and founded the Alexandria Fun with Friends Group. Will is the author of BattlestorM, a tabletop fantasy game, which was published by Ral Partha Publishing in the late '90's, and Arthur's Realm, a boardgame available at the Gamecrafter.