subject: No Fee Apartment Rentals In NYC: A Perfect Housing Solution [print this page] No Fee Apartment Rentals In NYC: A Perfect Housing Solution
New York City is one of the leading urban centers of America and has seen an ever-increasing demand for housing and property. No fee apartment rentals in NYC are the best option for those who are looking to relocate to the city. For beginners, it is important to understand the difference between a fee apartment and a no fee apartment. A broker usually charges a specific amount to find you an apartment. This fee is usually 15% of one year's rent. However, for a no fee rental, the tenant does not need to pay the broker's fee. The broker's commission is paid by the owner or the real estate company that manages the rental. The Owner Payment is usually equal to a month's rent or 8.33% of one year's rent. According to the US Census Bureau, the number of housing units in 2008 reached 130.1 million. The total value of residential buildings in 2008 was $356 billion. No Fee Apartment Rentals in NYC: What You Should Know Whether you are a graduate student on a tight budget or a family of six, no fee apartment rentals in NYC offer housing solutions for all. Finding a no fee rental in New York City may prove to be a time consuming and tedious process. However, seeking professional help can turn it in a rewarding and cost-effective venture. The rental services of the real estate agents are the most effective way to locate a perfect rental. However, it is important to hire the services of a reputed and reliable real estate agent. You may either hire a broker or directly visit the office of the company that manages the building. There are several real estate companies that manage a wide range of properties. They can assist you in finding your dream home. Further, dealing directly with the real estate company will enable you to eliminate the broker's role. Also, you may find exactly what you are looking for on their online websites. These online databases are updated regularly. However, remember that the services pertaining to the no fee apartment rentals in NYC are very prompt. The apartments get rented very quickly, so once you have selected a property, don't waste time.