The first step for us to find the best renter is to advertise the listing to the most people possible. But the second step is to find the a dependable renter. Qualifying applicants is one of the most crucial tasks of the successful management services in Alexandria of a rental home in the City of Alexandria.
Nesbitt Realty check outs the applicant’s past behavior. With that in mind, our small brokerage assumes the potential tenant’s future behavior will be the same. The applicant should demonstrate a history of being a honest, solid lessee and also meeting our financial criteria. Our background checking process is founded on several conventions including:
- Income Verification – Nesbitt Realty investigates salary, job status, job title and prospects for continued employment. Depending upon the potential tenant’s debt load, a tenant needs to earn at least 3 to 4 times the monthly rent in gross income to qualify for rental.
- Credit History – The applicant’s credit history informs us about the possible lessee’s current and past performance repaying debts and other responsibilities. The prospective tenant’s credit report also tells us their monthly debt and shows their previous addresses (which we compare to addresses listed on the application). An applicant must have acceptable credit to qualify.
- Tenant Screening – Nesbitt 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.
If accepted, the possible renter’s in-processing includes a lease, lease signing, collecting pro-rated rent, and providing the lessee 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 family-run real estate company fully authorized to manage rental place in Virginia, and we have all necessary licenses and accreditation. Nesbitt Realty & Management also hunt for lessees through State Department bulletin boards and other methods. To learn more about the full-list of what we do, email an agent today.
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