The first step for our real estate brokerage to find the best-possible lessee is to market your rental property to the public. But the second step is to identify the best tenant.
Nesbitt checkouts the applicant’s past behavior. With that in mind, our team assumes the applicant’s future behavior will be the same or similar. The applicant should demonstrate a history of being a reliable, trustworthy tenant while meeting your financial criteria. Our background checking process is founded on several basic tactics including:
- Landlord Reference – Our family real estate company utilizes public information, tax records, and other research and verification to ensure that we’re talking to an actual investor about the actual rental history of the applicant.
- 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.
- Application – After the applicant finds out more about a rental, the agent takes an application. The application is accompanied by supporting documentation so that our local brokerage can verify and check out all information included on the application. The applicant pays for the cost of the background check at the time of application.
If accepted, the applicant’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 property and community.
For a complete break-down of our process, contact Will Nesbitt or read more here. Nesbitt Realty also discovers renters through other Real Estate Rental Specialists and other methods. To learn more about the full list of what we do, talk to an agent today. Nesbitt Realty and Management is fully authorized to manage rental property in the Commonwealth, and we have all necessary licenses and accreditation.
Thanks. We genuinely appreciate the opportunity to serve you. When you need us, call at (703)765-0300.