The first step for Nesbitt Realty & Management to choose the best-possible lessee is to market your investment place of residence to the widest-possible audience. But the second step is to identigy the the right lessee. Vetting applicants is one of the most crucial chores of any responsive management company in Arlington.
Our small brokerage look ats the applicant’s past behavior. With that in mind, our real estate company assumes the possible renter’s future behavior will be the same or similar. The possible renter should demonstrate a history of being a stable, solid lessee and also having the income and debt-ratio to manage rent. Our background checking process is founded on several simple formula including:
- Criminal Record & Evictions – Nesbitt sees it's crucial to know the criminal and public court records of the possible renter on every rental property in Arlington. Real Estate Owners should be aware that many other rental managers do not look at court records.
- Credit History – The possible tenant's credit history informs us about the potential renter’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.
- Tenant Screening – Nesbitt Realty screens tenants with a combination of checking credit history, background, eviction and criminal screening services as well as our own efforts to collect information needed to confirm and process the application.
If accepted, the applicant’s in-processing includes a lease, lease signing, collecting pro-rated rent, and providing the lessee 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 Andrew Patton or read more here. Nesbitt Realty also discovers renters through State Department bulletin boards and other methods. To learn more about the full-list of what we do, reach out to an agent today. We have these essential associations: National Association of Residential Property Managers, Better Business Bureau, Northern Virginia Association of Realtors, and more.
Our real estate agents appreciate the opportunity to be of service. Thanks for considering us to get the job done.