Upon conclusion of an onsite meeting at your home our Sales and Marketing Associate consults private, public and internal databases to develop a significant sample size of comparable product that has rented within a specific radius of your home over the last 365 days. From this comparable base we add or detract value from the median based on product features and enhancements. This data allows us to arrive at a market rate and position your home for success.
Our industry leading ads begin with our professional photographer visiting your home to create a visually stunning portfolio. We then create a detailed narrative that walks potential tenants from the neighborhood, to the building, to the home itself. The ad is then distributed across 5 websites multiple times a week. We also have a large corporate network of clientele who are in the World Bank, State Department, IMF, and a vast array of embassies who often are looking for or have colleagues who are seeking housing.
When a prospective tenant shows interest in your rental after a viewing with your leasing agent, they submit our online application. For each applicant we then perform a detailed credit check, criminal background check, and resident history check. This involves an income to debt ratio and speaking to past landlords. The results are summarized and provided to our clients along with a recommendation.
As a DC leasing company, we provide best in the industry lead management and handle the entire showing process. It is a professional showing where me meet the applicants and introduce them to the rental. We are always available to show our rentals and work with owners who are still occupying their homes to set up flexible showing times during the week and on the weekends. Our team is intimately knowledgeable about your neighborhood and well trained to overcome objections and add value to your home. It is our goal to bring you the highest quality applicants in the shortest amount of time.
We work with our clients closely to customize each lease and ensure the language is perfectly safeguarded for your home. When an applicant is approved they sign, deliver a security deposit and then our client is given another opportunity to review and then execute the agreement. Lastly, we assemble the required lead paint forms and if applicable association paperwork at this time to ensure a smooth move-in process.
After lease execution we complete an inspection of your home and present an itemized list with all required work to make the home market ready. This list will include quotes and if approved we schedule and oversee the work to guarantee the highest quality workmanship for the most cost effective price. We conclude with a complete administrative audit of your file including the upload of all of your insurance info, warranty info, service agreements, rules, utility structure, as well as learning the charming quirks of your home.
We charge a locator fee at the conclusion of the Leasing Process:
For Leases up to 1 Year: (Length of lease (in days) / 365) X First Month’s Rent = Locator Fee
My job relocated me from DC to Philadelphia leaving me a short window of two weeks to move. In those two weeks I was able to set my condo up for rent with Nomadic Real Estate. They priced the condo effectively and tenants moved into the condo in under 2 months! A 2 year lease was signed. Joe and Ben took care of everything over the past two years leaving me with nothing but a nice passive income!