The first step for us to discover the best renter is to advertise the listing to the public. But the second step is to find the a dependable lessee. Qualifying prospective tenants is one of the most vital responsibilities of every managing agent in Fairfax County.
Nesbitt Realty investigates the applicant’s past behavior. With that in mind, our business assumes the prospective renter’s future behavior will be the same. The prospective renter should demonstrate a history of being a reliable, honest lessee and at the same time having the income and debt-ratio to manage rent. Our background checking process is founded on several pillars including:
- Tenant Screening – Nesbitt 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.
- Income Verification – Nesbitt Realty & Management investigates prospects for continued employment, job status, job title and salary. Depending upon the potential renter's debt load, a tenant needs to earn a minimum of 3 to 4 times the monthly rent in gross income to qualify for rental.
- Credit History – The applicant's credit history informs us about the applicant’s current and past performance repaying debts and other responsibilities. The possible tenant’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.
If accepted, the prospective renter’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 and community.
For a complete break-down our process, email Nesbitt Realty or read more here. Our award-winning real estate business fully authorized to manage rental in the Commonwealth of Virginia, and we have all necessary licenses and accreditation. Nesbitt Realty also acquires renters through relocation networks and other methods. To learn more about the full-list of what we do, contact an agent today.
Nobody works harder than Nesbitt Realty.