The first step for us to hunt for a solid renter is to advertise the listing to the most people possible. But the second step is to find the the ideal renter. Vetting applicants is one of the most crucial charges of every rental management company in Fairfax.
Nesbitt Realty investigates the applicant’s past behavior. With that in mind, Nesbitt Realty and Management assumes the applicant’s future behavior will be similar. The applicant should demonstrate a history of being a stable, reliable renter and possessing the financial capacity to handle the rent. Our background checking process is founded on several conventions including:
- Income Verification – Nesbitt verifies job title, salary, job status and prospects for continued employment. 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.
- Application – After the applicant visits a investment abode, 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.
- Landlord Reference – Nesbitt Realty utilizes public information, tax records and other research and verification to ensure that we're talking to actual owner about actual rental history of the prospective lessee.
If accepted, the potential tenant’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, talk to Will Nesbitt or read more here. We are fully authorized to manage rental property in Virginia state, and we have all necessary licenses and accreditation. Our local brokerage has a lot of critical affiliations: Better Business Bureau, Virginia Association of Realtors, Northern Virginia Association of Realtors, and more
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