subject: Advantages Of Directly Renting From Landlords [print this page] Are you on the search for a suitable rental property and mulling on the decision between heading to a real estate agent or simply dealing with a home owner? Dont think anymore! Remember, that you will always get a better deal by renting directly from the homeowner instead of a property dealer. This article discusses the benefits of renting from landlords.
Do you want to keep your pet in your rental home? Do you want to have more independence and influential position in the upkeep of the flat? For these things to happen and your life to get back on the high horse, you need to ensure that you rent a home offered by its owner and not some clever property dealer. All this effort becomes necessary because house hunting is not an easy job. The key is to find the right size house, in the right location at the right rent and with the right amenities you want. A little bit of digging and you will find the home you were looking for. However, while you are at it, why dont save on money and gain better deals by renting property from the homeowner. You stand to gain a lot by renting directly from a landlord including lower rents and much more. We have listed a few of the top benefits of buying from the landlord and bidding farewell to the property dealers:
Say goodbye to hefty brokerages:
When you transact with the homeowner directly, you save on the one months rent you would have to pay as brokerage. Being a tenant, you are already quite stretched financially as you have to pay 2 months rent in advance along with the present months rent and also the cost of moving from one home to another. Now if you have to pay the brokerage too, then it will way heavy upon your budget and you will feel your moneys not getting its worth from the pocket of a property dealer.
Save money on the rent:
When there is no middleman to pay, the homeowner saves money from the deal as he does not have to shell out money to the broker. This means he can lower the rent amounts he is charging from you.
Direct contact with the landlord:
When you present yourself to the homeowner, it is you who is making the first impression; unlike in the case of a property dealer who will give a certain picture to the landlord and discourage any real communication between the two of you. Finding a rental property can be a cake walk if you keep these few pointers in mind. The idea of scanning a hundred homes and picking one is definitely an intimidating one, but you can overcome this stage by following some essential renting tips. Before we give you these tips, please remember that prior to begin searching a rental home, be very clear about the locations you want to live in and also the size of the flat you need and most importantly the amount of rent you are willing to pay. Once all these three things are clear, you need to step out and find yourself a great flat to rent by following these useful renting tips:
Research well: When you have chosen the area, you must investigate it well. Does it have the amenities you are looking for? Common things to look for include: shopping centres, schools, hospitals, libraries, pubs, cinemas and more. Find local information before checking out any property. Another important thing to research is the entire rental market of the area. What are the different lanes of the area- does the rent charged differ as per the lanes- is there any difference in water/power supply in the different sectors of the area- what are the demographics of each sector- these are few of the things you must look into before finding properties in the area.
View properties in your own time: There is no urgency when you are looking for homes to rent. A 5 minute tour will not tell you all that a 20 minute tour can. So give some time to viewing properties. Check the rooms, doors, windows, ceilings, lofts, toilets, sinks, drains, terraces, electrical sockets and switches, location of windows and other things in a rental home. Also see things like- where does the window open- what is the view from the balcony (not the garbage bin or community drain hopefully)- does the sun come inside the rooms- is there plenty of light and air in the flat. If the flat is fully furnished, do a check of all the furniture and electrical equipment provided. Everything must be fully functional and safe to use.
Clarify any dos and donts that the homeowner might have: You must ask the homeowner if they have any dos and donts they expect to be followed by the tenants. Many people have had landlords who do not like non-vegetarian food made in their homes, or liquor consumed. Some landlords are finicky about putting nails on the walls or even moving the furniture around. Also ask them if you can have pets or not.
Be clear about rent payments: Ask them to specify a date they would want the rent check delivered to them by the latest. If they are taking postdated checks, remember to tell them to call you before dropping the check, so that there is no chance of it bouncing and creating an embarrassing situation for you. Ask them how the payments of any repair and maintenance jobs will be made.
Remember to be cordial and ensure that the channels of communication are always open so that you can tell them if anything goes amiss. Follow these tips when you plan to rent house in Gurgaon or any other area.
But in dealing with the homeowner directly, you can make the right impression and also get down to negotiating rent (something the property dealer wouldnt have liked). Remember that homeowners are wary of tenants and if they are convinced of your eligibility, you can be given accommodation at even lower the costs. This direct communication will be welcome practice to make the right impression and convince the owner to lower rent also give you a freehand in choosing the colors on the wall or the location of the new utensil stand in the kitchen.
Flexible tenancy rules and lengths:
Another awesome benefit of dealing directly with the homeowner is that there will be nohard rules for the tenant to follow. For instance, when you are looking for an apartment for rent in Gurgaon or somewhere else via an agent, you will usually get a lease for 11 months. But if you strike a rapport with the landlord, the lease can be of two years as well. The same holds true if you need tenancies of shorter periods.
Other advantages include the freedom to keep pets, flexible security deposits and more. So make the right choice and rent from a homeowner only.
