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How much to expect for fee/deposit

Started by jrs128977
over 10 years ago
Posts: 0
Member since: Nov 2014
Discussion about
Hi, I was wondering the range of how much I should expect will be due with/without broker fee for a $2,000/mo studio? i.e. is it common to have 1st months, a deposit (equal to 1 month), and broker fee (if broker is used)
Response by fieldschester
over 10 years ago
Posts: 3525
Member since: Jul 2013

Rent is paid in advance - first month
Landlord will expect a security deposit - generally one month unless there is some unusual circumstance
And if there is a broker involved and it is not a no fee listing, yes, the brokerage fee

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Response by aalsberg
over 10 years ago
Posts: 99
Member since: Mar 2011

1 month is a low security deposit a lot of landlords want 2 months if you don't have the best of the best of credit you always have to pay the first months up front and the broker fee is generally between 12 to 16 percent of the total years rent

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