How to Submit a Winning Rental Offer in Newport Beach

I have been assisting Landlords and Tenants with their rental needs for almost a decade now and know how to put together a Winning Rental Offer.

First and foremost Tenants looking to rent a home in need to be prepared BEFORE they start their rental search.

Wellington Florida Homes for Rent - Rental OfferI require tenants to fill out our Online Rental Questionnaire, so I can show them as many properties that fit their needs and try to give them as many options as possible.

I also require a copy of their credit report to verify if I’m working with a credit challenged tenant, which makes a difference on how I will present their offer.  Plus, some homes for rent in the MLS will state “Landlord will not accept tenants with a credit score below “X” amount.”These homes will obviously be ruled out if someone doesn’t fit this criteria.

When we sit down to write an offer a tenant will need to provide a Rental Application and proof of income, which should be on hand before we start our rental search.  If they have bad credit or a unique situation I will have them write a letter to the potential landlord explaining the HOW, WHAT & WHY.

Here’s what’s included in my Winning Rental Offers:

1.  Contract to Lease: This is the written offer that will have a tenants terms and conditions, which must be signed by everyone who will be on the lease.

2. Rental Application: This will typically list your current address, past and present jobs, type of vehicles, occupants of home and pets.

3.  Credit Report: Usually anyone over the age of 18 will have to provide or have their credit report pulled.

4.  Background Check: Usually anyone over the age of 18 will have to go through a background check.

5.  Proof of Income: Usually a recent paycheck stub or W2 to verify income.

6.  Introduction Letter: If you have bad credit or a unique situation explain why, make the prospective landlord focus on you NOT the number on a piece of paper.

7.  Copy of Deposit Check: This is a deposit to hold the property.

By submitting these 7 items with every rental offer I have placed tenants with bad credit, who are unemployed and who have pets both big and small.  I can’t stress enough how important it is for tenants to be prepared BEFORE they start their Wellington rental search.  With the lack of rental inventory in Wellington there is a strong possibility a tenant will lose a property to another tenant if they are not prepared.

ACCEPTED VS. DENIED

 

Here is a quick example of a tenant who almost lost out to another tenant because they and/or agent were not prepared.

Their offer included 3 of the 7 items on my list: Contract to Lease, Rental Application & Copy of Deposit Check

We requested the remaining 4 items: Proof of income, Rental History since it wasn’t included in Rental Application, Credit & Background check, which we pulled and then an explanation for their credit report that was barely over 500.

Rental Offer Finish LineWhile this prospectitive didn’t look too impressive at first after the missing information was reviewed the landlord accepted this tenant.  Now if this agent would have submitted a Winning Rental Offer up front, it probably would have been accepted within hours instead it took several days and they almost lost the property to another tenant.

 

If you are looking to rent a home in Wellington Florida make sure you are prepared BEFORE you start you rental search.

Originally posted at http://wellingtonhomesforrent.com/how-to-submit-a-winning-rental-offer-in-wellington-florida/

Are You Searching for a Newport Beach Home for Rent?

Newport Beach homes for lease move very quickly. If the property is priced right, it will be leased in a very timely fashion. There are many people searching for Newport Beach homes for lease right now, and they move quick!

Kings Road in Newport Beach

What can you anticipate when you are leasing a Newport Beach home?

  1. It is important to fill out an online rental questionnaire to provide me with basic information so that I know what parameters are important to you with your Newport Beach home for lease.
  2. Determine the date of when you are planning to move. It is important to begin your search 30 to 45 days out. If you want to search 90 days out, the issue may be the property won’t be available in 90 days.
  3. Identify what is important to you with leasing a home in Newport Beach. Do you have a pet? Do you need a yard? What school district is important to you. Once again, that is the reason that clients fill our the online rental questionnaire.
  4. Consider the amount of monthly rent you want to pay. Ask your Newport Beach real estate agent to set up a search for you within the specific parameters.
  5. Once you find the property you would like to see, you will be emailed an Application to Rent. This form needs to be filled out entirely, and that along with a credit report is submitted to the listing agent of the Newport Beach property for rent.

The landlord/owner at this point will review all the applications and credit reports and decide on the applicant. Once the landlord/owner selects you as a tenant, then a lease will be drawn, and you can expect to pay the first months rent, security deposit, (additional security deposit if there is a pet), and sometimes a key deposit (garage remotes, remote for gated community, key to common area).

Submitting your documents in a timely manner will put you in a more desirable position with the landlord as your application may be reviewed before any others, and you may secure the property.

Your Newport Beach real estate agent will guide through this process, review the lease with you and ensure that you understand the process and lease.

There is a verification form (move in-move out) that is utilized before you move in and must be submitted to landlord.

If I can answer any questions about homes for lease in Newport Beach, or Newport Beach homes for rent, please contact me.

Search the MLS for Newport Beach homes for rent.

  1. 1 bed, 1 full bath
    Home size: 655 sq ft
    Lot size: 2,640 sqft
    Year built: 1933
    Parking spots: 3
    Days on market: 1
  2. 3 beds, 2 full baths
    Home size: 1,684 sq ft
    Lot size: 4,792 sqft
    Year built: 1958
    Parking spots: 4
    Days on market: 1
  3. 5 beds, 6 full baths
    Home size: 3,100 sq ft
    Lot size: 3,049 sqft
    Year built: 1963
    Parking spots: 6
    Days on market: 1
  4. 2 beds, 2 full baths
    Home size: 1,900 sq ft
    Lot size: 4,840 sqft
    Year built: 1951
    Parking spots: 4
    Days on market: 1
  5. 4 beds, 2 full baths
    Home size: 2,000 sq ft
    Lot size: 7,405 sqft
    Year built: 1969
    Parking spots: 4
    Days on market: 1
  6. 4 beds, 5 full baths
    Home size: 4,516 sq ft
    Lot size: 5,663 sqft
    Year built: 1969
    Parking spots: 6
    Days on market: 2
  7. 2 beds, 2 full baths
    Home size: 1,232 sq ft
    Year built: 1984
    Parking spots: 3
    Days on market: 2
  8. 3 beds, 2 full, 1 part baths
    Home size: 1,774 sq ft
    Year built: 1973
    Parking spots: 7
    Days on market: 2
  9. 2 beds, 2 full baths
    Home size: 1,167 sq ft
    Lot size: 2,720 sqft
    Year built: 1960
    Parking spots: 4
    Days on market: 3
  10. 2 beds, 2 full baths
    Home size: 1,001 sq ft
    Lot size: 1,001 sqft
    Year built: 1990
    Parking spots: 2
    Days on market: 4
  11. 4 beds, 1 full, 3 part baths
    Home size: 3,200 sq ft
    Lot size: 6,534 sqft
    Year built: 1968
    Parking spots: 4
    Days on market: 4
  12. 2 beds, 1 full, 1 part baths
    Home size: 1,770 sq ft
    Lot size: 4,792 sqft
    Year built: 1961
    Parking spots: 2
    Days on market: 4
  13. 5 beds, 5 full, 1 part baths
    Home size: 5,600 sq ft
    Lot size: 8,436 sqft
    Year built: 2000
    Parking spots: 8
    Days on market: 6
  14. 4 beds, 1 full, 1 part baths
    Home size: 2,066 sq ft
    Lot size: 11,326 sqft
    Year built: 1964
    Parking spots: 4
    Days on market: 7
  15. 3 beds, 1 full bath
    Home size: 1,369 sq ft
    Lot size: 6,534 sqft
    Year built: 1946
    Parking spots: 4
    Days on market: 7
  16. 2 beds, 2 full baths
    Home size: 1,181 sq ft
    Lot size: 1,000 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 9
  17. 3 beds, 1 full bath
    Home size: 900 sq ft
    Lot size: 3,006 sqft
    Year built: 1942
    Parking spots: 1
    Days on market: 9
  18. 4 beds, 3 full baths
    Home size: 3,000 sq ft
    Lot size: 10,545 sqft
    Year built: 1973
    Parking spots: 4
    Days on market: 12
  19. 5 beds, 2 full, 4 part baths
    Home size: 4,292 sq ft
    Lot size: 7,405 sqft
    Year built: 2006
    Parking spots: 9
    Days on market: 13
  20. 2 beds, 2 full baths
    Home size: 2,400 sq ft
    Year built: 1970
    Parking spots: 4
    Days on market: 13
  21. 2 beds, 2 full, 1 part baths
    Home size: 1,998 sq ft
    Lot size: 5.20 ac
    Year built: 1975
    Parking spots: 4
    Days on market: 15
  22. 5 beds, 2 full baths
    Home size: 2,100 sq ft
    Lot size: 6,098 sqft
    Year built: 1968
    Parking spots: 4
    Days on market: 15
  23. 5 beds, 4 full, 1 part baths
    Home size: 4,355 sq ft
    Lot size: 10,019 sqft
    Year built: 1973
    Parking spots: 6
    Days on market: 15
  24. 2 beds, 2 full baths
    Home size: 1,546 sq ft
    Lot size: 436 sqft
    Year built: 1998
    Parking spots: 4
    Days on market: 15
  25. 4 beds, 2 full, 3 part baths
    Home size: 3,300 sq ft
    Lot size: 4,900 sqft
    Year built: 1999
    Parking spots: 4
    Days on market: 16
  26. 3 beds, 3 full, 1 part baths
    Home size: 4,700 sq ft
    Lot size: 5,663 sqft
    Year built: 1968
    Parking spots: 4
    Days on market: 17
  27. 3 beds, 2 full, 1 part baths
    Home size: 1,871 sq ft
    Lot size: 1,742 sqft
    Year built: 1964
    Parking spots: 4
    Days on market: 17
  28. 2 beds, 1 full bath
    Home size: 1,000 sq ft
    Lot size: 7,126 sqft
    Year built: 1945
    Parking spots: 2
    Days on market: 19
  29. 4 beds, 2 full, 3 part baths
    Home size: 3,673 sq ft
    Lot size: 6,098 sqft
    Year built: 1966
    Parking spots: 6
    Days on market: 19
  30. 3 beds, 3 full, 1 part baths
    Home size: 2,137 sq ft
    Lot size: 2,178 sqft
    Year built: 1955
    Parking spots: 4
    Days on market: 19
  31. 2 beds, 2 full baths
    Home size: 1,594 sq ft
    Year built: 1977
    Parking spots: 4
    Days on market: 20
  32. 2 beds, 2 full baths
    Home size: 1,500 sq ft
    Lot size: 1,500 sqft
    Year built: 1990
    Parking spots: 4
    Days on market: 20
  33. 2 beds, 1 full, 2 part baths
    Home size: 1,500 sq ft
    Lot size: 2,962 sqft
    Year built: 1980
    Parking spots: 2
    Days on market: 20
  34. 3 beds, 2 full, 1 part baths
    Home size: 1,793 sq ft
    Lot size: 3,485 sqft
    Year built: 1974
    Parking spots: 4
    Days on market: 22
  35. 3 beds, 2 full, 1 part baths
    Home size: 1,800 sq ft
    Lot size: 3,500 sqft
    Year built: 1995
    Parking spots: 5
    Days on market: 23
  36. 3 beds, 2 full baths
    Home size: 1,600 sq ft
    Lot size: 3,339 sqft
    Year built: 2006
    Parking spots: 3
    Days on market: 23
  37. 2 beds, 2 full baths
    Home size: 1,325 sq ft
    Lot size: 500 sqft
    Year built: 1963
    Parking spots: 3
    Days on market: 24
  38. 4 beds, 2 full, 1 part baths
    Home size: 1,633 sq ft
    Lot size: 2,178 sqft
    Year built: 1969
    Parking spots: 4
    Days on market: 25
  39. 4 beds, 2 full baths
    Home size: 1,800 sq ft
    Lot size: 3,000.00 ac
    Year built: 2008
    Parking spots: 2
    Days on market: 27
  40. 3 beds, 3 full baths
    Home size: 1,850 sq ft
    Year built: 1992
    Parking spots: 4
    Days on market: 34
  41. 3 beds, 2 full baths
    Home size: 1,891 sq ft
    Lot size: 12,632 sqft
    Year built: 1963
    Parking spots: 4
    Days on market: 35
  42. 3 beds, 3 full baths
    Home size: 1,134 sq ft
    Lot size: 2,614 sqft
    Year built: 1971
    Parking spots: 2
    Days on market: 35
  43. 6 beds, 5 full baths
    Home size: 4,050 sq ft
    Lot size: 8,712 sqft
    Year built: 2006
    Parking spots: 5
    Days on market: 36
  44. 2 beds, 1 full, 1 part baths
    Home size: 1,091 sq ft
    Year built: 1979
    Parking spots: 2
    Days on market: 38
  45. 3 beds, 1 full, 1 part baths
    Home size: 1,250 sq ft
    Lot size: 3,049 sqft
    Year built: 1972
    Parking spots: 2
    Days on market: 38
  46. 3 beds, 3 full, 1 part baths
    Home size: 2,530 sq ft
    Lot size: 3,833 sqft
    Year built: 1998
    Parking spots: 4
    Days on market: 38
  47. 2 beds, 1 full, 1 part baths
    Home size: 932 sq ft
    Lot size: 958 sqft
    Year built: 1971
    Parking spots: 2
    Days on market: 40
  48. 2 beds, 2 part baths
    Home size: 1,535 sq ft
    Lot size: 3,485 sqft
    Year built: 1956
    Parking spots: 2
    Days on market: 40
  49. 4 beds, 2 full baths
    Home size: 1,599 sq ft
    Lot size: 2,452 sqft
    Year built: 1979
    Parking spots: 4
    Days on market: 41
  50. 4 beds, 3 full, 1 part baths
    Home size: 4,000 sq ft
    Lot size: 9,583 sqft
    Year built: 2000
    Parking spots: 4
    Days on market: 48

See all Newport Beach Homes for Rent.
(all data current as of 7/30/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.