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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 New Market renters

In New Market, Nesbitt Realty wants to work with dependable tenants. Here are some of the traits we seek out.

  1. A tenant 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 honest. A renter does not sneak in a co-tenant or pet.
  3. A tenant is reasonably clean. A tenant does not attract pests like rodents and bugs.
  4. A tenant does not break systems.
  5. A tenant is courteous and nice to work with. A renter knows the difference between a property manager and a hotel concierge.
  6. A tenant doesn't annoy neighbors.
  7. A tenant complains at appropriate times. Renters that don't report maintenance issues cost landlords money and cause issues for property managers.
  8. A renter doesn't gripe when it's not appropriate. This means that a tenant doesn't demand to upgrade functioning systems. A tenant doesn't expect more than the lease provides. A tenant doesn't complain that an appliance doesn't work when the renter doesn't know how to operate the appliance.
  9. A renter does not smoke in the home.
  10. A renter is looking for a rental term that is as long as the owner wants to rent the rental.

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

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge people in New Market based upon appearance.  Experience has taught us that appearances can be very decieving. We do however judge potential tenants based upon their reputation and their actions. If a applicant is rude to us at the outset, they will probably be trying as renters. If a lies, we can expect them to be dishonest as a tenant.  If a has troubles producing certified fundsfor background fees and the first month of rent, we will expect that same applicant will have difficulty during the lease.

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

How we protect the landlord’s interests in New Market: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

New Market Property Management Resources

Our recommendation

After the background check is reviewed we make a recommendation to the owner based upon our experience as property managers in New Market and the information that we have verified. Ultimately the 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 this area?

Nesbitt Realty's Guide to Real Estate is a free resource for anyone who wants to learn more about New Market and neighboring communities.  The Guide to Real Estate provides information about what has sold and what is on the market, and many surprising facts that you may not be aware of.  Furthermore, our Guide spotlights some elements of residing in New Market.  Yes, most of this is helpful for purchasers and sellers, but landlords and tenants may also find this data to be very enlightening.

Our Broker Will Nesbitt

Will Nesbitt Julie Nesbitt
Julie and 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

Realtor Julie Nesbitt

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