The first step for our small real estate brokerage to choose a good renter is to market your rental property to the most people possible. But the second step is to identify the the perfect lessee. Vetting applicants is one of the most vital tasks of the successful management services in Alexandria, Virginia of a rental in Alexandria.
Our tiny brokerage examines the possible renter’s past behavior. With that in mind, Nesbitt Realty assumes the possible renter’s future behavior will be the same or similar. The potential tenant should demonstrate a history of being a honest, solid renter and also possessing the financial capacity to handle the rent. Our background checking process is founded on several conventions including:
- Income Verification – Nesbitt Realty investigates job title, salary, 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.
- Credit History – The potential renter’s credit history informs us about the applicant’s current and past performance with regards to debts and other financial obligations. The potential renter’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.
- Criminal Record & Evictions – Nesbitt Realty sees it’s essential to know the criminal and public court records of the prospective lessee on every rental residence in Alexandria, Virginia. Real Estate Owners should be aware that the majority of other managing agents do not check out court records.
If accepted, the applicant’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 and community.
For a complete break-down our process, contact Nesbitt Realty or read more here. Our tiny business also acquires renters through diplomatic networks and other methods. To learn more about the full-list of what we do, email an agent today. Nesbitt Realty and Management is fully authorized to manage rental residence in Virginia state, and we have all necessary licenses and accreditation.