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can you negotiate rent?

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bayla
Love my two kiddos :)

Member since 8/06

7178 total posts

Name:

can you negotiate rent?

so I found a great place but the rent they are asking for is slightly higher then what we were looking to pay. Can I negotiate that?

Posted 4/14/11 7:13 PM
 
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Momma2Be
Mommy of an angel

Member since 10/09

5911 total posts

Name:
Dina

Re: can you negotiate rent?

it doesn't hurt to try! The worst they can do is say no. I don't see why you can't...you negotiate the price of everything else, a house, a car, etc. why not rent too?

Posted 4/14/11 7:34 PM
 

Christine Braun - Signature Premier Properties
LIFamilies Business

Member since 2/11

3992 total posts

Name:

Re: can you negotiate rent?

Yes, everything is negotiable, but as with a sale, it depends on the landlord's motivation. Also, you have more negotiating power if you are a desirable tenant (e.g., financially qualified, good rental and employment history, etc.).

In my experience, rents are somewhat negotiable, but not VERY. So a landlord will often say -- I want to try to get $1300 a month, but I'll take $1250, or maybe even $1200 for the right tenant. But you won't get that apartment for $1000, you know? And if the rental is priced right and in good condition, the landlord probably won't negotiate. This is a hot rental market, and a LOT of people are looking for rentals.

Posted 4/14/11 7:36 PM
 
 

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