YOUR RENTAL GUIDE

HOW TO RENT AN APARTMENT IN NYC?

Finding the best rental apartment in NYC is no easy. That’s in no small part to the abundance of rental brokers, a service pretty much unheard of in other cities around the country. Hiring me to help you secure a home will save you not only time, but the exhaustion of energy it takes to sift through the “bait and switch” tactics of rookie brokers. Often times what you’re seeing online are not accurate pictures of apartments for rent. In a desperate attempt to lure new business, the rental market has become flooded with bad brokers.

Let me make this move a positive one! ‘

BROKER'S FEES EXPLAINED:

If a Broker represents the landlord/management company of the apartment they may collect a fee from you because the owner/management company has pushed the cost of their services and work onto the tenant.

Newer buildings will pay for all agents time and work, therefore making the apartment a "no fee" rental to you the prospective tenant. If you're using a Broker and are a tenant looking to move, you should understand that there is a fee associated with that agents time, knowledge and movement of the market. My fee for working with tenants  can range from 15% of the annual rent to 1 months rent, it really depends on how much guidance you'll need. Additionally I try to show buildings that meet their budget and will consider paying me directly so my clients don't get hit with a broker's fee.

When should you use a tenants broker? You're new to NYC. You don't know what the going rates for apartments are. You have enough on your plate and don't want to be tracking down appointments, negotiating with agents, and wasting 3 Saturdays looking at apartments that smell like mildew and are under the train tracks, but advertise, " Luxury Living".

If you have any questions about this, please email me.

Thanks for reading and I hope you learned and enjoyed this article!