If you are living in Brooklyn, you must know that rent prices here are no joke. Even though more affordable than Manhattan, the rent prices in Brooklyn are still not cheap; as a matter of fact, they have been growing in the recent years due to Brooklyn`s rising popularity among NYC newcomers. However, a lot of landlords are aware of this fact, and they are ready to compromise on the price. Therefore, we here at U. Santini Moving & Storage consider it would be useful to learn how to negotiate your rent. After all, why not save more than a few pennies if you already have a chance?
Research the value of the property before you negotiate your rent
The first thing to do if you are getting ready to negotiate for a lower rent is to check the property`s value. Think of it like this – if you were lucky enough to find cheap movers Brooklyn, whom you know are cheaper than the competition, yet offer reliable services, would you still ask for a discount? The answer is no. The same goes for your rent. If you do the research, and it turns out that the rent offered is lower than the actual value, there is no point in negotiating for a lower price. Hence, the first step towards saving a couple of thousands of dollars a year on rent starts with you being reasonable and doing the necessary research.
Know what your goal is when negotiating your rent
Before you start making deals, it is important to have a precise figure in your mind. How much are you willing to pay monthly to live in that property? A lot of people don`t go into negotiating with a clear purpose, and they make things up as they go. Know that this is not a good approach, as you need to be ready beforehand for every possible scenario. Moreover, decide by how much you are ready to compromise when it comes to the price of your rent. If your landlord offered you a price which is 100 dollars higher than the one you had in mind, would you still accept it? It is all about knowing what your dealbreakers are!
Of course, it goes without saying that you should be reasonable in your requests. No person will accept anything that is much lower than the original price. And there is no reason why they should. It is all about knowing the best possible, yet reasonable price you can get, and simply sticking to it.
Offer something in return
Naturally, the first thing your landlord is interested in is the money he can get. However, there are some other things you can offer that could persuade him to give you a cheaper price. Just like when you are choosing your reliable local movers Brooklyn, and you are considering everything they have to offer and not just the price, your landlord is going to do the same. Therefore, here are some of the things that could turn the odds into your favor!
- It is always a good idea to offer to pay months in advance when you negotiate your rent.
- You can also offer to extend the termination notice to 60 days or more.
- Promise not to smoke, or keep pets in the apartment. Otherwise, your landlord would have to pay for a thorough cleaning once you move out, so you are saving him money indirectly.
There are many other things you could offer that would make your landlord consider lowering the price. After all, you are the only one who decides what is acceptable for you, and what is not; you can`t promise to keep pets out of the apartment if you already have one.
Make yourself look good
When you are negotiating your rent, you are in a way trying to sell yourself. You want to make sure that your future landlord knows all the advantages of picking you as their tenant. That being said, don`t be afraid to put in a few good words about yourself. Of course, you should not overdo it, but keep some modesty in the process. However, if you are a person who has a good job, always pays their rent on time and never throws any wild parties, make sure to mention it. Moreover, if you are moving into a small apartment, emphasize that you are a tidy person, who will know how to take care of a small space. It is all about remaining truthful, but still letting the other person know you would make a perfect tenant.
Always negotiate your rent in person
There is a chance that you have been corresponding with your landlord via text messages or e-mails; perhaps the two of you have even been talking on the phone. However, if you are thinking about asking for a lower rent, it is wise to wait and meet him or her in person. The disadvantage of text messaging is that the real core of what you meant to say easily gets lost. If you start negotiating for a lower rent over any of the social media or other messaging apps, there is a chance you could sound ungrateful or even aggressive. It is better to wait for the two of you to meet, and then let them know why you deserve a lower rent.
Should you negotiate your rent?
In case you could not conclude it from everything we have said up until this point, you should know that we wholeheartedly support you in your intention to negotiate your rent. The majority of the landlords are reasonable people, who know that moving to Brooklyn is not a cheap endeavor. They will be more than happy to lend a helping hand.