The first step for us to shop the best-possible renter is to advertise the listing to the widest-possible audience. But the second step is to find the a good renter. Investigating prospective renters is one of the most essential duties of every managing agent in Alexandria, Virginia.
Nesbitt Realty examines the applicant’s past behavior. With that in mind, Nesbitt Realty and Management assumes the prospective tenant’s future behavior will be the same. The possible lessee should demonstrate a history of being a honest, reliable renter and at the same time demonstrated financial capacity. Our background checking process is founded on several basic tactics including:
- Application – After the applicant stop bys a rental property, the agent takes an application. The application is accompanied by supporting documentation so that our team can verify and investigate all information included on the application. The applicant pays for the cost of the background check at the time of application.
- Credit History – The prospective tenant's credit history informs us about the prospective tenant’s current and past performance in meeting their financial 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 – Our local real estate company establishes prospects for continued employment, job title, salary and job status. Depending upon the potential lessee's debt load, a tenant needs to earn not less than 3 to 4 times the monthly rent in gross income to qualify for rental.
If accepted, the applicant’s in-processing includes a lease, lease signing, collecting pro-rated rent, and providing the tenant with a copy of any association documents needed for disclosure and instruction on rules and regulations associated with the rental place and community.
For a complete break-down our process, contact Julie Nesbitt or read more here. We have these vital associations and affiliations: Northern Virginia Association of Realtors, Virginia Association of Realtors, National Association of Residential Property Managers, and more. Our award-winning business fully authorized to manage investment home in the Commonwealth, and we have all necessary licenses and accreditation.
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