Check for Internal Consistency
Once we've assembled the picture the applicant we now take a look to make sure the story makes sense. If it doesn't make sense, it isn't true. There are many examples of this we've seen during our years as property managers but here's one example.
A 54 year-old female applies to rent a property. She intends to let her 25 year old daughter live with her. However the mother has a large home in Mclean. She owns that home jointly with her husband whom she is not divorcing or separating from. The story doesn't make sense. The mother has no intention of moving in, she is trying to cover for her daughter's bad credit / lack of income or whatever. It's even possible that she is participating in the scheme because she wants us to have the tenant from hell, rather than have the daughter move in with her and her husband in Mclean.
Our Five Step Process
- We Check The Applicant’s Credit History
- We Investigate The Applicant’s Criminal History
- We Investigate The Applicant’s Rental History
- We Look For Internal Consistency In The Rental Application
- We Want To Know If The Applicant Can Afford The Rent
Property Management Basics
Normally, Nesbitt Realty charges a small percentage of the rent that is collected, and that is why landlords confirm that our fees are some of the lowest property management fees in Northern Virginia. The duties and responsibilities of your designated Nesbitt Realty property manager is outlined in the contract that is ratified by both Nesbitt Realty and the landlord. Our property management agreement is legal and recognized as it was prepared by the Northern Virginia Association of Realtors staff attorneys. This is a standardized agreement and it details the financial responsibilities, and it also specifies the types of financial reports that a landlord may expect.
What We Guarantee You
You are guaranteed that your designated Nesbitt Realty property manager aligns his/her work in accordance with amended laws and condo regulations which are relevant to your specific situation. Let us relieve your real estate burden. Do give us a call at (703) 765-0300 to discuss any questions or concerns that you may have.