THE RENTING PROCESS
Location, Community, Quality Living. It Starts Here!
Our close net team of Ideal Agents provide Quality Service Beyond Expectations. Our Ideal Agents are experts in the Guam real estate market and understand the nuances of renting and investing on Guam. All our Ideal Agents are professional REALTORS® and members of the Guam Association of Realtors. For most renters and owners the journey begins with selecting the right Realtor/Agent. Our Ideal Agents are uniquely skilled at helping our Military Heroes and their families find homes on Guam.
Let’s get started.
Choosing an Agent
Trust, competence, professionalism, loyalty, and honesty are all characteristics that a client should demand from their agent. It’s also important to choose an agent that you feel comfortable with and that you can easily communicate with. Your Agent must be all these things while aggressively protecting your interests. Our team of Ideal Agents have all pledged to serve you and your interests first, and your interests only.
What are you willing to spend for your housing? This is an important talk that you need to have with your Ideal Agent. This is the first step in narrowing your search. The Ideal Agent will help you calculate the funds generally needed for move in; this normally includes the security deposit which is equal to one full month’s rent and the first month’s rent (or pro-rated portion if not moving in at the 1st of the month).
Wants and Expectations
Our Ideal Agents can provide you with the most up to date information on current real estate market that will help you select properties that meet your requirements and budget. Be honest with your agent about your all needs and expectations no matter how little they are, if it’s important to you… It’s important to us.
Qualifying for Renting
It can seem like the documents for renting are as complicated as buying a home. Our Ideal Agents will prepare most of the documents and guide you through the qualifications. Requirements: rental application, verification of employment, 2 recent check stubs, and photo identification for all individual over 18 years old. It will help if you have you your current landlords’ information and contact info. Some landlords that will require credit reports from all occupants over 18 years old. It is suggested that you and your co-tenants check your credit reports in advance so that you are aware of and can explain any adverse items that may be contained in your credit report.
Searching for Properties
Once you and your Ideal Agent have a clear understanding of your Budget range, it’s time to search for your property. There are many tools at your disposal, searching online, driving by neighborhoods and looking for FOR RENT signs. Your Ideal Agent will help you with this process.
Your Ideal Agent will make all the necessary arrangements with you to view the properties that you have identified for potential purchase. While on tour ask questions, make notes, take pictures. Narrow your search to two or three properties that meet most of your needs. Visit these properties at different times of the day and night and on the weekend to help you understand neighborhood conditions and drive times.
Making an Offer
Once you and your Ideal Agent have identified a property, discussed all of the conditions associated with the rental, and determine a rental price that you would like to offer; then you will sign a rental/lease offer to be presented to the property owner for consideration. As you consider price and offer conditions, keep in mind that there may be other tenants interested in the property that you are looking to rent.
Once your offer has been presented, the Seller may accept your offer as presented, counter your offer, reject your offer or simply let your offer expire. When we receive a counteroffer, you and your Ideal Agent will discuss the pros and cons of the counteroffer with you and strategize about how to move forward with the negotiations. Keep in mind that some owners and their agents prefer to negotiate terms ‘verbally’ in a lease situation. This often results in revisions to the lease offer and following re-presentation to the property owner for consideration. A lease is not binding until it is fully executed by all parties.
Terms and Conditions
Contracts are often contingent upon inspections (Military Housing or GHURA), We will coordinate all to make the process as seamless as possible.
Once all the conditions of the contract have been satisfied, your move-in inspection time will be scheduled and after you will receive your keys.