Leasing homes is not about choosing lessees. It's about finding the a solid renter. Checking out potential lessees is one of the most crucial elements of any great rental property manager in Alexandria, Virginia.
Nesbitt Realty examines the prospective lessee’s past behavior. With that in mind, Nesbitt Realty assumes the applicant’s future behavior will be similar. The applicant should demonstrate a history of being a good, stable tenant while meeting our financial criteria. Our background checking process is founded on several pillars including:
- Income Verification – Nesbitt Realty & Management establishes salary, prospects for continued employment, job title and job status. Depending upon the applicant'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.
- Application – After the applicant visits a rental, the agent takes an application. The application is accompanied by supporting documentation so that our team can verify and check out all information included on the application. The possible renter pays for the cost of the background check at the time of application.
- Credit History – The applicant's credit history informs us about the prospective tenant’s current and past performance as far as debts and other obligations. The potential 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 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 investment unit and community.
For a complete break-down our process, contact Nesbitt Realty or read more here. We have these crucial memberships and affiliations: Northern Virginia Association of Realtors, National Association of Realtors, Northern Virginia Association of Realtors, and more. We have all necessary license to manage rental property in Fairfax County and anywhere in Virginia.