The first step for us to choose a solid renter is to advertise the listing to prospective renters moving to Northern Virginia. But the second step is to find the a dependable renter. Vetting applicants is one of the most important elements of the successful management services of a rental in Northern Virginia.
Nesbitt check outs the applicant’s past behavior. With that in mind, Nesbitt Realty assumes the possible renter’s future behavior will be similar. The applicant should demonstrate a history of being a solid, trustworthy tenant and at the same time demonstrated financial capacity. Our background checking process is founded on several elements including:
- Application – After the applicant tours a investment unit, the agent takes an application. The application is accompanied by supporting documentation so that Nesbitt Realty and Management can verify and investigate all information included on the application. The applicant pays for the cost of the background check at the time of application.
- Tenant Screening – Our family-run business 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.
- Credit History – The applicant's credit history informs us about the applicant’s current and past performance in scored record of the prospective tenant's ability to repay debts and demonstrated responsibility in repaying debts. 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.
If accepted, the possible tenant’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 unit and community.
For a complete break-down our process, email Nesbitt Realty or read more here. Nesbitt Realty and Management is licensed by the Commonwealth and we are REALTORS® Nesbitt Realty has these critical associations: Better Business Bureau, National Association of Residential Property Managers, Northern Virginia Association of Realtors, and more.