The first step for us to spot the best-possible tenant is to advertise the listing to the public. But the second step is to find the the best renter.
Our family-run business examines the potential renter’s past behavior. With that in mind, Nesbitt Realty assumes the prospective renter’s future behavior will be similar. The potential lessee should demonstrate a history of being a stable, trustworthy renter and having the income and debt-ratio to manage rent. Our background checking process is founded on several hard truths including:
- Credit History – The possible lessee's credit history informs us about the applicant’s current and past performance repaying debts and other responsibilities. 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.
- Landlord Reference – Nesbitt Realty & Management utilizes public information, tax records and other research and verification to ensure that we're talking to actual landlord about actual rental history of the prospective renter.
- Income Verification – Nesbitt verifies salary, job status, prospects for continued employment and job title. Depending upon the prospective lessee's debt load, a tenant needs to earn at least 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 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 our process, email Alan Clerinx or read more here. Nesbitt Realty also gets lessees through government organizations and other methods. To learn more about the full-list of what we do, email an agent today. We have these critical memberships and affiliations: Northern Virginia Association of Realtors, Virginia Association of Realtors, National Association of Realtors, and more.