The first step for Nesbitt Realty to choose the best renter is to market your rental to the public. But the second step is to identigy the a dependable tenant. Checking the backgrounds of applicants is one of the most vital duties of any good property manager in Northern Virginia.
Our small business investigates the prospective renter’s past behavior. With that in mind, our team assumes the possible renter’s future behavior will be the same or similar. The applicant should demonstrate a history of being a reliable, honest renter and at the same time meeting your financial criteria. Our background checking process is founded on several conventions including:
- 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 applicant.
- Credit History – The prospective renter's credit history informs us about the applicant’s current and past performance in scored record of the potential renter's ability to repay debts and demonstrated responsibility in repaying debts. 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 prospective tenant learn a bit more abouts a investment home, 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 applicant pays for the cost of the background check at the time of application.
If accepted, the potential lessee’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 home and community.
For a complete break-down our process, get in touch with Julie Nesbitt or read more here. Nesbitt has plenty of crucial affiliations: Virginia Association of Realtors, National Association of Realtors, Virginia Association of Realtors, and more Our tiny brokerage also shops 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.
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The U.S. Department of Housing and Urban Development (HUD) states that there are a number of factors, especially financial ones, involved in the purchase and resale of a house. As a result, the public is advised to consult a real estate agent as their professionalism is a critical aspect which allows the decision-making process and the experience to be a smoother one.
The key ingredient in having a successfully positive experience in a real estate transaction is finding the right professional to assist you. While real estate agents may meet your needs, the services of a Realtor® will be even more applicable to you.
What’s the Difference Between a Real Estate Agent and a Realtor?
There are more than two million people who have earned real estate licenses. Only a small, but significant percentage of them are Realtors. Realtors, are members in good standing with the National Association of Realtors, their state association of Realtors, and a local real estate board. Realtors are held to high standards of ethical behavior, and it is mandatory that they undergo continuing education annually to remain accredited.
All agents of Nesbitt Realty are Realtors!