We're closing on our apartment shortly and will have 3 months left on our current lease by the time we are ready to move in to the new place. I've posted on Craigslist as a sublet as well as by-owner with the expectation the management company will renew the lease. Posting has good pictures and link to a website with more photos and floor plan. Not a lot of responses yet for a May 1 move-in date.... [more]
We're closing on our apartment shortly and will have 3 months left on our current lease by the time we are ready to move in to the new place. I've posted on Craigslist as a sublet as well as by-owner with the expectation the management company will renew the lease. Posting has good pictures and link to a website with more photos and floor plan. Not a lot of responses yet for a May 1 move-in date. (our rent is below market based on recent rentals in the building, so confident that's not the real issue)
Any other sites that I can use or is it just early to find a renter 6 weeks out?
Got an e-mail from someone at Citi Habitats claiming he specializes in sublets/lease breaks and the fee would come from the new tenant and it wouldn't be an exclusive. I'm afraid of Citi Habitats but would really like some help other than craigslist.
Any suggestions?
[less]
Response by Fairway
over 14 years ago
Posts: 156
Member since: Feb 2011
There's no harm in giving someone at Citi Habitats an open listing. They, and anyone else, can't make you pay a fee. And renters are mostly paying broker fees now anyway. An open listing doesn't prevent anyone else from renting the unit.
Ignored comment.
Unhide
Response by huntersburg
over 14 years ago
Posts: 11329
Member since: Nov 2010
What incentives are you offering to make it worthwhile?
Ignored comment.
Unhide
Response by huntersburg
over 14 years ago
Posts: 11329
Member since: Nov 2010
What incentives are you offering to make it worthwhile?
Ignored comment.
Unhide
Response by NYC10007
over 14 years ago
Posts: 432
Member since: Nov 2009
Nothing yet, I'm prepared to subsidize the rent to seal the deal but mostly wondering whether or not there are better place to advertise.
Ignored comment.
Unhide
Response by huntersburg
over 14 years ago
Posts: 11329
Member since: Nov 2010
You realize that a month is like an airline seat. At some point, it has no value. Offer no incentive = you don't rent the place = you get absolutely nothing for the month. Do that two months in a row while you experiment with price discovery and the third month is also wasted, you end up with nothing.
You've also not given any support to your optimistic belief that the landlord is going to offer a discounted renewal.
By the way, what could you, in your position seeking to find a tenant, possibly be afraid of with CitiHabitats finding a tenant for you, especially on a non-exclusive basis? You should let Muammar Gaddafi find someone for you if he can.
Ignored comment.
Unhide
Response by rb345
over 14 years ago
Posts: 1273
Member since: Jun 2009
Where, how large and what's the rent. A friend of mine might
be interested.
Ignored comment.
Unhide
Response by front_porch
over 14 years ago
Posts: 5316
Member since: Mar 2008
It's a bit early. Also, short-term unfurnished is not something that most people want.
Still, let me know what it is too, in case in fits one of my out-of-town people.
Finally, I would say the way to dump this is to let a few of the brokers (even the sales brokers) who work your neighborhood know -- and also to Facebook it.
ali r.
DG Neary Realty
Ignored comment.
Unhide
Response by needsadvice
over 14 years ago
Posts: 607
Member since: Jul 2010
Try posting it on Home Away .com, they are for vacation rentals, but those renters would need furniture. Do you really think people will move their furniture in and out for a 3 month? Home Away is now on NYTimes.
Also, it amazes me that people show up 2 weeks before they want to move, and expect to get through my condo's approval process in time. My building is pretty quick, usually a week, but invariably, this is too slow for people plus the renters are slow filling in the papers. I usually give them a few hundred bucks off the first month and they stick around for the approval.
So, yes 6 weeks is too early. But Keep rerunning the Craigslist ad.
Ignored comment.
Unhide
Response by rb345
over 14 years ago
Posts: 1273
Member since: Jun 2009
Short-term rental tenants will often lease furniture. You should look to the
corporare relocation brokerages.
Ignored comment.
Unhide
Response by kurtNYC
over 14 years ago
Posts: 13
Member since: Jul 2010
if your actually trying to find people why don't you mention the location here in your post? what's wrong with Citi-Habitats for a sublet? other options, I have sublet my chelsea place many times via sublet.com. its not pretty but I do find people there, esp out of towners. I saw you ignored all huntersburg's comments, but a 'bird in the hand' is a good thing to keep in mind. to get value out of your vacancy via sublet forget 20% off comps, make it a bargain. think of it as found money an be happy to get it.
Ignored comment.
Unhide
Response by front_porch
over 14 years ago
Posts: 5316
Member since: Mar 2008
rb, the problem with the furniture rental places is that they don't really do electronics. That may start to matter less as laptops become TVs, but for now, telling a client that they'll be spending thousands on a sublet and then they have to buy their own TV(s) is a nonstarter.
ali r.
DG Neary Realty
Ignored comment.
Unhide
Response by AvUWS
over 14 years ago
Posts: 839
Member since: Mar 2008
The rent-a-centers of the world will do electronics. And they deliver and pick up as well. (I have even used them for trade shows.)
Ignored comment.
Unhide
Response by jgay212
over 14 years ago
Posts: 2
Member since: Feb 2011
Have you approached your landlord? Legally you are responsible until the end of the lease. Your landlord may be open to getting a tenant with a new year long lease as long as the aparment rerents at the same price or higher,
Ignored comment.
Unhide
Response by NYC10007
over 14 years ago
Posts: 432
Member since: Nov 2009
Thank you all for your comments, helpful to get all the honest feedback.
Here's a link to my listing site with all the info:
I'm wondering if bedbug hysteria will hit furnished rentals and furniture rental. I
recently needed a cleaning service for an apt and many of thr services I called told
me they no longer bring vacuums because of fear of spreading bedbugs. In general, they
were infintely more difficult that they had ever been in the past, and far more expensive.
'/%3e%3c/g%3e%3c/svg%3e)
There's no harm in giving someone at Citi Habitats an open listing. They, and anyone else, can't make you pay a fee. And renters are mostly paying broker fees now anyway. An open listing doesn't prevent anyone else from renting the unit.
What incentives are you offering to make it worthwhile?
What incentives are you offering to make it worthwhile?
Nothing yet, I'm prepared to subsidize the rent to seal the deal but mostly wondering whether or not there are better place to advertise.
You realize that a month is like an airline seat. At some point, it has no value. Offer no incentive = you don't rent the place = you get absolutely nothing for the month. Do that two months in a row while you experiment with price discovery and the third month is also wasted, you end up with nothing.
You've also not given any support to your optimistic belief that the landlord is going to offer a discounted renewal.
By the way, what could you, in your position seeking to find a tenant, possibly be afraid of with CitiHabitats finding a tenant for you, especially on a non-exclusive basis? You should let Muammar Gaddafi find someone for you if he can.
Where, how large and what's the rent. A friend of mine might
be interested.
It's a bit early. Also, short-term unfurnished is not something that most people want.
Still, let me know what it is too, in case in fits one of my out-of-town people.
Finally, I would say the way to dump this is to let a few of the brokers (even the sales brokers) who work your neighborhood know -- and also to Facebook it.
ali r.
DG Neary Realty
Try posting it on Home Away .com, they are for vacation rentals, but those renters would need furniture. Do you really think people will move their furniture in and out for a 3 month? Home Away is now on NYTimes.
Also, it amazes me that people show up 2 weeks before they want to move, and expect to get through my condo's approval process in time. My building is pretty quick, usually a week, but invariably, this is too slow for people plus the renters are slow filling in the papers. I usually give them a few hundred bucks off the first month and they stick around for the approval.
So, yes 6 weeks is too early. But Keep rerunning the Craigslist ad.
Short-term rental tenants will often lease furniture. You should look to the
corporare relocation brokerages.
if your actually trying to find people why don't you mention the location here in your post? what's wrong with Citi-Habitats for a sublet? other options, I have sublet my chelsea place many times via sublet.com. its not pretty but I do find people there, esp out of towners. I saw you ignored all huntersburg's comments, but a 'bird in the hand' is a good thing to keep in mind. to get value out of your vacancy via sublet forget 20% off comps, make it a bargain. think of it as found money an be happy to get it.
rb, the problem with the furniture rental places is that they don't really do electronics. That may start to matter less as laptops become TVs, but for now, telling a client that they'll be spending thousands on a sublet and then they have to buy their own TV(s) is a nonstarter.
ali r.
DG Neary Realty
The rent-a-centers of the world will do electronics. And they deliver and pick up as well. (I have even used them for trade shows.)
Have you approached your landlord? Legally you are responsible until the end of the lease. Your landlord may be open to getting a tenant with a new year long lease as long as the aparment rerents at the same price or higher,
Thank you all for your comments, helpful to get all the honest feedback.
Here's a link to my listing site with all the info:
http://web.me.com/fostr24/Site/50_Murray_St._Apt..html
Ali:
I'm wondering if bedbug hysteria will hit furnished rentals and furniture rental. I
recently needed a cleaning service for an apt and many of thr services I called told
me they no longer bring vacuums because of fear of spreading bedbugs. In general, they
were infintely more difficult that they had ever been in the past, and far more expensive.