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How to Work Smart and Rent Smart
When it comes to finding an apartment, you have several choices. |
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Use What Works Best
After 13 years of helping RDNY.com clients and more than 25 years of being in the real estate business, we've learned that a variety of approaches may yield the best results.
Money Saving Tip
When you work with RDNY.com, you are working directly with the landlord. In a soft market like the current one, this gives you the power to negotiate the rent down or ask for a concession...such as a month's free rent. Remember: if you get the landlord to lower the rent by just $50 per month, you are saving $600 for the year! |
On Using Brokers
If you're going to work with a broker, Work Smart.
Working Smart means that when you visit your broker have your personal and customized RDNY.com list of apartments with you. Instruct your broker to only show you his or her NO FEE or "exclusive" apartment listings (listings exclusively held by that particular broker, i.e., no one else has that listing). Cross reference your RDNY.com list with the addresses the broker wants to show you to eliminate any "open listings" (non-exclusive apartment listings).
If you let brokers dupe you into seeing their open listings you run the risk of having to pay a broker's fee on the very same apartments you could have rented through RDNY.com without the FEE.
We have the same open listings your broker has plus many of our own exclusives that aren't listed with any brokers, other websites or in newspapers. In fact, we have more open listings than any broker in New York.
Now, if your broker shows you the perfect apartment, and we don't have it in our inventory, count your lucky stars, pay the fee and rent it. You just found a "needle in a haystack" apartment, and the broker earned his or her commission!
Fee Fact
In Manhattan, and a few other neighborhoods in Brooklyn such as Brooklyn Heights and DUMBO, a typical broker's commission is almost two months rent! Everywhere else a typical fee is one months rent. Ouch! |
Rent Smart!
Of course, we want you to subscribe to RDNY.com exclusively because we know we have all the support and resources you need for finding your new apartment. However, if you are going to use a broker or Craigslist, then remember to Rent Smart.
Activate your 60 day subscription. . .
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