Our family-run operation doesn’t “sell” rental properties. We market rental properties to the most people possible to choose a dependable renter. How do you find a good renter for your investment property in Springfield, Virginia? Checking the backgrounds of applicants is one of the most vital chores of any local rental manager in 22150.
Nesbitt Realty scrutinizes the applicant’s past behavior. With that in mind, Nesbitt Realty assumes the prospective renter’s future behavior will be similar. The applicant should demonstrate a history of being an honest, honest renter as well as having the income and debt-ratio to manage rent. Our background checking process is founded on several basic tactics including:
- Application – After the applicant visits an investment detached, the agent takes an application. The application is accompanied by supporting documentation so that Nesbitt Realty can verify and scrutinize all information included on the application. The potential lessee pays for the cost of the background check at the time of application.
- Credit History – The applicant’s credit history informs us about the applicant’s current and past performance as far as debts and other obligations. The applicant’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.
- Income Verification – Nesbitt Realty & Management checks and confirms job status, salary, job title and prospects for continued employment. Depending upon the applicant’s debt load, a tenant needs to earn a minimum of 3 to 4 times the monthly rent in gross income to qualify for a rental.
If accepted, the prospective renter’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 of our process, email Benjamin Schulze or read more here. We are fully authorized to manage rental in Virginia state, and we have all the necessary licenses and accreditation. Nesbitt has some vital memberships: Virginia Association of Realtors, Northern Virginia Association of Realtors, National Association of Realtors, and more
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