Points to Consider for Negotiating NYC Apartments

Points to Consider for Negotiating NYC Apartments

To rent NYC Apartments is very difficult because of the less availability of houses and high prices. But with sky high prices it is very difficult to save any money if you are looking for the NYC apartments. You need to check on your budget before planning to rent an apartment, with discussion and negotiation you can get a good deal.

Can you negotiate?

Yes, you can negotiate. Even though the rents in the NYC Apartments are very high still you can negotiate and with the agents. You won't face any kind of problems with it, and many agents are

How to Negotiate a NYC apartments

Make sure that you have all the relevant information like area wise rents, availability etc, before you contact the real estate agent. As you have the information it will help you to negotiate better with the agent. Usually agents will make sure that clients are serious enough to make a deal before spending time in negotiations.

In New York real estate market there are two kinds of apartment listing, one is closed listings and the other is open listings, Closed listing apartments can only be marketed by only one particular agent, whereas open listings apartments can be marketed by many agents, open listing apartments shall be more easy to negotiate as the agents will be in rush to close the deal to get their commission.

If you can convince agent that you need is urgent, then you can probably get discount in rent and on other fees, for instance, clearly state the rent you can pay for the apartment, and offer to agent to close the deal at that rent. Agent will find an apartment for that rent which you specified, which needs to be taken immediately, like this many people get apartments at at better rents.

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