The Rental Process
The rental process typically involves the following steps:
Consultation:
The agent will meet with the potential tenant to discuss their rental needs, such as the type of property they are looking for, their budget, and their desired location. The agent will also explain the process of renting a home and answer any questions the tenant may have.
Searching for properties:
The agent will use their knowledge of the local rental market and the tenant's criteria to find suitable properties that are available for rent. This may include searching the MLS and other online listings, as well as reaching out to landlords and property management companies.
Touring properties:
The agent will schedule tours of the properties that the tenant is interested in, and may also accompany the tenant on the tours to provide additional information and answer questions.
Applying for a rental:
If the tenant decides to apply for a rental property, the agent will assist them with the application process, which may include filling out paperwork, submitting references, and paying any application fees. Your agent will make an offer by sending the listing agent a Contract To Lease.
Negotiating:
If the tenant's application is accepted, the agent will work with the landlord or property management company to negotiate the terms of the rental agreement, including the monthly rent and any other provisions.
Signing the lease Agreement:
Once the tenant and landlord have agreed on the terms of the rental agreement, the agent will assist with the final paperwork and ensure that the lease is signed.
Before the tenant receives the keys and moves in, they will perform a walk-through inspection to record the property’s condition.
Throughout the process, the real estate agent will act as the tenant's advocate, working to protect their interests and ensure that they find a rental property that meets their needs and budget.
FAQs
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You will need to send the Realtor your valid ID, two months proof of income, two months bank statements, and a criminal background check.
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The credit score required to rent a home can vary depending on the landlord or property management company. Some landlords may not check credit scores at all, while others may have a minimum credit score requirement. Generally, a credit score of 620 or higher is considered good and may be accepted by most landlords. However, some landlords may require a higher credit score, or may consider other factors in addition to credit score such as income, rental history, and background check. It's best to check with the specific landlord or property management company to see what their requirements are.
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Criminal Background Check
Contract To Lease
HOA / Property Management Application (if necessary)
Lease Agreement
Final walkthrough Checklist
