

Second there is the key money. This is a gift to the landlord to say

Third is the maintenance fee. This is a small monthly fee on top of your rent for upkeep of the grounds, security etc. May be around $50 - $100 extra monthly.
Fourth is the renewal fee. Again, it's a gift to the landlord but only if you want to stay longer when your lease is expired. This time you're saying thank you for allowing me to stay longer. Expect to pay 1 months rent.
All are negotiable. So once you've found a place, you tell your agent what you want her to put on the application to the landlord. So if the rent is $1400, 2 month key, 2 month deposit etc. I would tell her to put $1200, 1 month key, 1 month deposit. She submits the application and it's always first come first serve here. So, my application will only be considered if the others before me did not work out or if I am truly the first to apply. Then the landlord would come back with an application approval or a counter offer. So he can come back with $1400 (not $1200 like I wanted), 1 month key, 1 month deposit. It's then for me to accept of decline. It's unusual here to "counter" the counter offer.
Of course, the bigger the place and the bigger your budget gives you more leverage to negotiate. Some landlords would throw in free stuff like curtains, rugs, fridge, washers etc. It's fun, it's like a game.
No comments:
Post a Comment