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Vetting Tenants — How we protect the landlord’s interests.

Vetting Tenants — How we protect the landlord’s interests.

What we seek in North Springfield renters

In North Springfield, our management staff likes to work with reliable tenants. Here are some of the traits we seek out.

  1. A renter pays the rent when due every month. This means paying on or before the first, rather than at 5 pm on the 5th.
  2. A tenant is trustworthy. A tenant does not sneak in a co-renter or pet.
  3. A tenant is neat. A renter does not bring pests such as rodents and bugs.
  4. A renter does not break the property or its systems.
  5. A renter is courteous and easy to get along with. A renter knows the difference between a property manager and a hotel concierge.
  6. A tenant doesn't annoy neighbors.
  7. A tenant reports problems when appropriate. Renters that don't report maintenance issues cost property owners money and cause head-aches for property managers.
  8. A tenant doesn't complain when it's not appropriate. This means that a renter doesn't ask to replace functioning systems. A renter doesn't expect more than the lease provides. A renter doesn't complain that an appliance doesn't work when the tenant doesn't know how to operate the appliance.
  9. A renter does not smoke in the home.
  10. A renter is looking for a lease that is as long as the property owner wants to rent the home.

So this is what we're looking for in a renter, but how do we find renters who live up to this ideal? Experience has taught us that troublesome tenants can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out bad renters.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge potential tenants in North Springfield based upon appearance.  Experience has taught us that appearances can be very decieving. We do however judge potential tenants based upon their history and their actions. If a applicant is rude to us from the start, they will probably be rude as tenants. If a is caught fabricating facts, we will expect them to be unreliable as a renter.  If a has a problem producing certified fundsfor background fees and the first month of rent, we will expect that same potential renter will have troubles while they are in the rental.

But even if every statement initially is promising we still check the background of every person with a full background check. Every potential renter and occupant must provide a government-issue photo identification. From there, as rental we start our vetting process.

How we protect the landlord’s interests in North Springfield:Nesbitt Realty is committed to Fair Housing

  1. We Check The Applicant’s Credit History
  2. We Investigate The Applicant’s Criminal History
  3. We Investigate The Applicant’s Rental History
  4. We Look For Internal Consistency In The Rental Application
  5. We Want To Know If The Applicant Can Afford The Rent

North Springfield Property Management Resources

Our recommendation

After the background check is complete we make a recommendation to the property owner based upon our experience as rental managers in North Springfield and the information which we have verified. Ultimately the property owner decides if the risk is worth taking, but they make that decision based upon facts and our expert advice.

Do you need know more about our local real estate market?

Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who wants to learn more about North Springfield and neighboring communities.  The Guide to Real Estate compiles data regarding what has sold and what is currently listed, and many compelling facts that you might not know.  Also, our Guide highlights many of the fundamentals of life in North Springfield.  Of course, all of this is helpful for buyers and sellers, but rental investors and renters will likely also find these tools to be very informative.

Our Broker Will Nesbitt

Will Nesbitt
Will Nesbitt

"I am by nature a trusting person, but this business has taught me to verify every statement that a tenant makes. Scammers and bad tenants can sometimes give every appearance of being trustworthy and upright people. We never cut corners on background checks." ~ Will Nesbitt

Julie Nesbitt

Will and Julie
Partners in life. Partners in business.

 I like tenants that pay on time. Late paying tenants cause extra work and unnecessary stress for landlords and property managers. ~ Julie Nesbitt