How To Find An Apartment In Arlington With The Help Of A Real Estate Agent

Are you thinking of renting an apartment in Arlington?

Well, whether you want to rent alone or with a roommate, it’s best to get in touch with your local real estate agent ASAP. Real estate agents make it their business to know what’s going on in the housing markets they work in. Most people think that they would only need a real estate agent when they are selling or buying a home. But, renting a home also requires a market knowledge that only a real estate agent can provide.

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To buy, sell, rent, own, or manage Real Estate in Clarendon, contact Nesbitt Realty

 

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Renting with Dogs

A happy dog enjoying play time
A happy dog enjoying play time

Renters who have a dog or more than one dog may face additional challenges when renting an apartment or a house. One of the primary challenges the renters may face is finding a living situation which is acceptable to them and also willing to accept their pets. This can be difficult as many rental properties do not allow dogs at all. Those who do allow animals on the property may place certain restrictions on they size and breed of dog which may reside on the property.Continue reading

What Does the Rent Include?

There is no simple answer to the question of what is included in the rent. This is because the answer will likely vary from one apartment complex to the next. Some apartment complexes may include a variety of items within their rent while others may charge renters additional fees as needed and still others may require the renters to register directly with individual public utilities and handle these expenses on their own.

Likewise some apartment complexes may include additional features with the price of the rent while others may charge additional fees for these features. A pool, exercise room, meeting room or theater are just a few examples which may be offered by an apartment complex. In most cases the use of these amenities are included in the price of the rent but there are exceptions where the renter is charged an additional fee for the privilege of using these amenities.

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How does a real estate agent become a REALTOR?

RealtorA real estate agent is a professional licensed to buy, sell and manage real estate for a fee on the behalf of others. Not all real estate agents are REALTORS.  A broker is a real estate agent who has reached a higher educational standard and who accepts certain additional responsibilities commensurate with this level of licensing. The term “Realtor” is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of Realtors.

A real estate agent or broker who joins the National Association of Realtors is a Realtor.  The National Association of Realtors (NAR) claims to be world’s largest professional association. The single biggest distinction between a real estate agent and a Realtor is that all Realtors agree to abide by a strict Code of Ethics. From their voluntary adherence to a Code of Ethics to their incomparable knowledge of real estate processes, Realtors are the experts of residential and commercial property transactions.

Stuart and Will
A broker has a higher experience level and higher educational requirement than an agent, but both are Realtors.

Founded in 1908, National Association of Realtors has grown from its original nucleus of 120 members to more than 1 million today. National Association of Realtors is composed of Realtors who are involved in residential and commercial real estate as brokers, salespeople, property managers, appraisers, counselors, and others who are engaged in all aspects of the real estate industry.

Realtors belong to one or more of 1,700 local associations/boards and 54 state and territory associations of Realtors and can join one of our many institutes, societies, and councils. Brokers and agents of Condo Alexandria are members of the Northern Virginia Association of Realtors. Additionally, National Association of Realtors offers members the opportunity to be active in our appraisal and international real estate specialty sections. Realtors are pledged to a strict Code of Ethics and Standards of Practice.

Working for America’s property owners, the National Association of Realtors provides a facility for professional development, research, and exchange of information among its members. Condo Alexandria agents and brokers take advantage of educational opportunities with the National Association of Realtors and the Northern Virginia Association of Realtors to continue expanding our knowledge of all aspects of real estate related expertise.

For more information or to set up an appointment call Stuart at (703)765-0300.

Why Rent?

Sample

Renting is a good way to get some firsthand experience with a neighborhood. Renting can let you sign a 1 year lease, say in a Shirlington 2 bedroom condo for example, with the option to continue, if you like the neighborhood. An advantage of this is you can test the waters, to see if you really love the features of this neighborhood or not. If you don’t like where you’re at, say for example, if the 4 bedroom, 2 story home in Lorton is not your style, you can always relocate to another place.

Pay as You Go

Many Americans live pay check to pay check. Upfront, you will have a security deposit, with a rate that depends on your credit score. If you have a good credit score, your property manager might only charge 1 months’ rent, for a security deposit. On the other hand, if you have a poor credit score, your property manager might charge 2 months’ rent, for a security deposit. After this initial fee (which can be refunded if you meet the requirements like passing the move out inspection), it’s nice to know that after a chunk of your paycheck is put into your monthly rent, there’s a good portion left for bills, necessities, and fun expenditures, like neighborhood nightlife or personal hobbies.

Short Term Commitment & Little Investment

Not sure if you want to stay in Northern Virginia, as a Washington DC commuting, GS-5? Do you have plans of living in California and seeing Napa Valley, Los Angeles, and San Francisco firsthand? Are you Active duty military, with upcoming orders for a new assignment, with no interest in the responsibility of becoming a homeowner? If so, these questions might make you lean towards renting, as opposed to buying. It’s nice to know that as a renter, you won’t have to worry about footing the bill for a repair on a roof that is falling apart, paying a monthly a condo fee (that could range anywhere from $150-$700), or paying the bill for a lawn service to pick up the leaves from your $1,000,000 Mount Vernon home, in fall. Overall, renting can be cheaper up front, but it isn’t for everyone. Also, who says you can’t just buy later?

Build Your Credit While You Sock Away Savings for a Down Payment

Paying your bills on time is an excellent way to build your credit score, and to show lenders that you know how to manage your money. If you are frugal, you can take a chip off each pay check, to build up a savings for buying a home in the future. The return on applying your savings to the purchase of the home of your dreams can be exponential. For those with an eye on the future, being a responsible tenant can prepare you financially and teach you the accountability necessary for home ownership.

Roommates

Spending time with friends can make for priceless memories. Living together can be fun and slightly cheaper than going solo. The process of getting a group of friends together to rent out a property can be a very rewarding and challenging process. A Nesbitt Realty Realtor, like Stuart Nesbitt, can help make the later stages of finding and renting a property simple. There are many different neighborhoods in Northern Virginia to choose from, that can fit your specific needs (such as being metro accessible, having a main street, Being near a good school, being luxurious, being a certain type of building style [e.g. high-rise or garden style, for example] ,being affordable, or even being off the beaten path).