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fair?

Started by bb10024
about 17 years ago
Posts: 164
Member since: Dec 2008
Discussion about
ok great apt.. 3500.. is a 3200 offer fair and offer to pay half the brokers fee? very nice apt.. ( 1 bdrm 1.5 bath ) great block uppereast
Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008

Do you have a link to the apartment?

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Response by bb10024
about 17 years ago
Posts: 164
Member since: Dec 2008

i'd rather not... but would appreciate your thoughts
1

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Response by manhattanfox
about 17 years ago
Posts: 1275
Member since: Sep 2007

you can always ask... but be prepared for a no

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Response by julia
about 17 years ago
Posts: 2841
Member since: Feb 2007

Negotiation is the key word...if you want to pay $3200 offer $3050.never go to the price you want to eventually pay...the LL will counteroffer and you're off and running. LL's are very nervous and willing to give one-three months rent..

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Response by bb10024
about 17 years ago
Posts: 164
Member since: Dec 2008

yes i could... just didn't want to be a jerk about it.. i do have an issue with paying so much to a broker... something but not 15%

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Response by Goldie
about 17 years ago
Posts: 182
Member since: Apr 2007

Where are you looking. I was looking downtown (financial district) and renters paying a broker fee is a relic of the past. But then again, so is paying anything close to the ask!

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Response by newbuyer99
about 17 years ago
Posts: 1231
Member since: Jul 2008

Is it a condo? I would buddy-up to the broker, and press them on how negotiable, what they think owner would accept, whether they prefer simple rent drops or incentives, broker fee, etc.

I've found brokers pretty talkative, since they want to get a deal done.

On the little information you provide, I would offer $3200 and owner pays broker fee. Then, when they counter, maybe you go for $3300, or maybe you stick with $3200 but throw the broker a bone.

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Response by Slope11217
about 17 years ago
Posts: 233
Member since: Nov 2008

There's no crying in baseball, and there's no need to consider fairness is real estate (with the caveat that you have to act legally). Your job is to get the apartment you want for the lowest price that the landlord is willing to accept. Go ahead--offer $3200, if the landlord think that's acceptable, he'll accept. If not, then he won't. No one is doing anything illegal.

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