Just curious, are rent prices on 591 generally firm or negotiable? And if negotiable, is it like 5-10%, or more like 50%?
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Generally 10% negotiation is very possible. It can go up to 20% depending on the rental prices of similar properties in the same general area. So I think it’s better to figure out a “fair value” by doing more research in that area. You can send a list of similar albeit cheaper properties to your landlord and ask them politely to lower the rent.
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If there is a “management fees”, you could ask that to be included in the rent. This is a pretty common trick.
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Another thing I tried was visiting the building and asking other tenants in the building about rent in addition to a “real review” of living there. Kinda awkward to do but very useful in quite a lot of situations.
One good way to incentivize a rent reduction is to offer more money up front, or a longer contract. I’m on a two-year contract for that reason – it got me 20% off. I think I also posted a few months’ rent in advance (as well as the deposit) when I moved in.
negotiable, how much depends on your negotiating skills. Don’t be discouraged if it doesn’t work. some land lords are stubborn and will just wait for the next sucker to come…
i have seen apartments in our neighborhood stand empty for 6 months and up, when lowering the price would close the deal easily.
Great tips everyone, thanks!
Always try to get the guanli fei included in the rent. Most of the landlords and agents will consider to do that.
Or knock off the equivalent off the rent and pay it yourself .
I did this, and also said I could move in immediately so he wouldn’t have to risk a month or two of no rent, and I said I wasn’t worried about the tax or household registration (currently using my employer for all documents)
I would have done this, if I’d known that works