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Friday, 18 March 2011 14:19

No Fee Apartment rentals can cost more

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Looking for an apartment at an affordable price with decent quality in Manhattan can be a time consuming and laborious task. On top of that, landlords may require two months security and the first months rent. Also, landlords in Manhattan who cover part of the brokers fees on their apartments can end up raising the monthly rent to account for the discount.

When a landlord gives an owner paid concession he's going to offset that with with the rent so at days end he receives the same net in his pocket. Owner paid concessions become more common in a soft economy and realize that covering brokers fees is more cost effective than letting apartments sit on the market, therefore renters who are more reluctant to pay a lump sum to a Glossary Link broker may not realize that the fee is spread out over the term of the Glossary Link lease. Also, in this current tight rental market, why possibly spend so much of your free time and energy?

Last modified on Tuesday, 22 March 2011 15:07
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