Writing a lease is one of the most critical responsibilities of every rental manager in Northern Virginia.
We know that, you’re probably already aware that all of our leases are in writing. The lease Nesbitt Realty uses was written by staff attorneys at the Northern Virginia Association of Realtors. Nesbitt Realty just changes details like the dates, the term of the lease and so forth.
Leases commonly have a one-year term. Longer leases are infrequently approved and only after discussions with the landlord. With the property owner’s approval—especially during slower rental periods—our brokerage makes leases for less than one year. Most usually landlords accept longer or shorter leases to have the lease expire during a more active rental period. Nesbitt will here and there work to place a tenant on a month-to-month or short-term rental contract to accommodate sale of the home by the investor, a renter’s pending departure, or moving the rental property into a more active rental period.
For a complete break-down our process, talk to Nesbitt Realty or read more here. Our tiny real estate brokerage fully authorized to manage investment unit in Virginia, and we have all necessary licenses and accreditation. Nesbitt Realty is fully authorized to manage rental place in Virginia, and we have all necessary licenses and accreditation.
Nesbitt Realty usually charges a percentage of the rents collected. Most landlords find that our fees are lower than other property management firms in Northern Virginia. Every aspect of Nesbitt Realty property manager’s responsibilities will be outlined in a contract signed by both Nesbitt Realty and the landlord. Our property management agreement was written by the Northern Virginia Association of Realtors staff attorneys. This standardized agreement details financial responsibilities and specifies the types of financial reports the landlord can expect.
Our promise to you
Your Nesbitt Realty property manager will stay current on new laws and condo regulations which may be relevant to your situation. Nesbitt Realty Property Management takes a lot of the burden off of owning rental real estate. Call us at (703) 765-0300 to discuss.