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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 Northern Virginia renters

In Northern Virginia, Nesbitt Realty prefers to work with reliable tenants. Here are a few of the traits we expect.

  1. A renter pays the rent on time every time. This means paying on or before the first, rather than at 5 pm on the 5th.
  2. A tenant has integrity. A tenant does not sneak in a co-tenant or pet.
  3. A tenant is fussy about cleanliness. A renter does not attract pests such as rodents and bugs.
  4. A tenant does not damage the home.
  5. A renter is courteous and nice to get along with. A tenant understands the difference between a property manager and a hotel concierge.
  6. A tenant doesn't annoy neighbors.
  7. A renter complains at appropriate times. Renters that don't report maintenance issues cost real estate investors money and cause problems for property managers.
  8. A tenant doesn't gripe when it's not appropriate. This means that a tenant doesn't demand 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 property.
  10. A tenant is looking for a lease that is as long as the property owner wants to rent the rental.

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

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge potential renters in Northern Virginia 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 difficult with our staff at the beginning, they will probably be difficult as tenants. If a is caught fabricating facts, we can expect them to be unreliable as a tenant.  If a has a problem finding certified fundsfor background fees and the first month of rent, we can expect that same applicant will have difficulty while they are in the rental.

But even if every action initially is good we still vet each applicant with a full background check. Every person 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 Northern Virginia: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

Northern Virginia Property Management Resources

Our recommendation

After the background check is reviewed we make a recommendation to the real estate investor based upon our experience as property managers in Northern Virginia 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.

Should you understand more about this local real estate market?

Nesbitt Realty's Guide to Real Estate is a free resource for everyone who needs to investigate real estate facts about Northern Virginia and surrounding communities.  The Guide to Real Estate compiles information regarding what has sold and what is currently listed, and some shocking facts that you might not know.  Not to mention, our Guide has quite a few of the elements of residing in Northern Virginia.  Of course, all of this is helpful for purchasers and sellers, but property owners and renters will likely also find these resources to be quite edifying.

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 Nesbitt Julie Nesbitt
Will Nesbitt 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