How to Negotiate Lower Rent With a Potential Landlord

If you can demonstrate that you are a responsible person, even in a tight market you can have personal leverage. Landlords want security. Successful negotiating is all about knowing the market, doing research about the specific apartment in your sights and negotiating calmly and rationally. When a landlord has to rent an apartment to a new tenant every year, he or she loses a lot in transaction costs (repainting, brokers fees, professional cleaning fees), as well as in the simple effort of finding a new tenant. If you know your strength, you may impress and motivate a landlord to trust and lower the price for you.

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