Entrepreneur Bootstrapping Business Idea – Become an Apartment Finder or Broker

People rent apartments in every city in the country. As an apartment finder, you will be hired by the person looking to rent. They will pay you a fee for finding them a place with certain specifications and you will make appointments.

The success of this position will vary depending on where you live. The bigger the city, the more chance you have for success. In New York, it is almost a necessity to have an apartment broker, and they get thousands of dollars for finding them.

You may also get referral fees from the apartment buildings themselves. There are multiple ways that you can organize this business, but you will need a steady stream of people to make it worthwhile.

You may get referrals from other states that are looking to relocate and for that  you will need a high quality website that explains the entire process and tells people who you are and how they will be treated. Your website should contain a customer survey that the person can fill out, listing their wants, location, and price range. This way you will not need to interview each person on the phone and waste valuable time.

You can create a niche for yourself, renting only to students, the affluent, or just relocations. Once the rental agreement has been signed, you get paid and the living situation is no longer your problem. It will be between the tenant and landlord at that point. However, it will be critical that you do not recommend bad landlords to people, or you will lose your credibility.

You will need to know who to ask for all of their inside information. Try to be the first one to find out when an apartment opens up, so that you can create a name for yourself. Keep an updated mailing list, since you will know where all of you clients live and how long their rental agreements are. When it get to be 3 months form the end, start marketing them with reminder emails, asking if they want to move somewhere else.

Things to Know Before Negotiating For an NYC Apartment

With the scarcity and the prices of apartments in New York what they are, it’s hardly surprising that rent is sky-high. But times are hard, and every little bit of scrimping and saving counts. If you find that the NYC apartment you’re considering dents your wallet just a little too much, you may just be able to fix that with a little negotiation and a whole lot of people skills.

Should You Negotiate?

Yes, you should negotiate by all means possible. Although rents in the entire New York City area might seem too high and immovable, it’s actually possible for you to negotiate rates with the broker. You won’t lose anything by it, and many brokers are willing to talk about lowering rent or negotiating other fees just to make the deal.

NYC Apartment Negotiation 101

Do your homework before going out to meet the real estate broker. Know the average rent for different areas, for example. It’s going to be a lot easier to negotiate and discuss terms when the broker sees that you know what you’re talking about and that you mean business. The broker has to see that you’re a serious client, and that you’re the kind of person who might just give him or her a deal at the end of the day.

There are two types of listings on the New York real estate market – open and closed listings. An open listing means that several brokers are racing to close the deal for a certain place, while a closed one means that only that broker has the rights to deal that spot. Open listings will be a lot easier for you to negotiate because the broker is in a hurry to close the deal and thus get his or her commission.

In the same vein, you could possibly lower the rent or other fees by giving the broker a sense of urgency. For example, give a figure for the rent that you’re willing to pay, and then offer to get the NYC apartment right then and there if the broker could give you that rate. It’s take-it-or-leave-it-now offers like those that get a lot of New Yorkers their apartments for less than they originally planned.

Factors That Can Affect Negotiation

Brokers look at certain factors that might make one more willing or more reluctant to negotiate terms with you. Your credit rating and financial standing would obviously be the biggest factor. The condition of your finances is directly proportional to your worth as a buyer or tenant. If you happen to have a good credit rating and a healthy sum of money in the bank, consider it an advantage (and don’t forget to point it out).

Having your paperwork ready could also make the broker more amenable to striking a deal. Ready paperwork and supporting documents means that the broker could process the deal quicker and thus get commission sooner. That’s usually motivation enough for brokers to lower rent or other fees for ready and eager NYC Apartments seekers like you.

Chicago Studio Apartments – Find Yours For Free! – This Free Information Will Help You

Are you looking for an apartment in Chicago? Do you want the process to be easy? Of course you do, so that is why this free information can help!

1.) Introduction

Do not get overwhelmed by the amount of apartments that are available. We can help you in this free article to find the best apartment for your needs. The best part is that this information is free. – Moreover, when you put this information to use, you will also find that the best apartments available in the city will be available to you for free! – Do not just go with what you find in an online listing, use a broker instead – They will show you more than what you could hope for with the online sites. They will do all the work and you get to show up to the appointment to find the best available apartments for FREE. – This process should not cost you a cent!

2.) Finding The Best Apartment For Your Needs In Chicagoland (For Free!)

Many people are students of some kind in downtown Chicago. Northwestern Memorial Hospital is close by as well as many Northwestern affiliated schools, like the Law School, for example. Perhaps you want to live by Navy Pier too. If you go to school downtown, or you work near by it is a very good idea to work with a broker who specializes in the area. – Many apartment finding services can provide you with an awesome apartment with no out of pocket expense for their service! – You should consider working with a broker.

3.) Why Consider Working With A Broker?

Some of the best deals are not found on free websites. We will not name those sites here, but what we will tell you is that the MLS provides brokers with the best possible way to find a great deal in the city. You will no longer have to find your way through a ton of different ads and get frustrated looking at apartments all the time coming up with only average results.

4.) Do Not Waste Your Time or Money

When it comes to finding an apartment, whether it is a studio or one bedroom (or greater) do not waste your time and money. Schools in the downtown area and business all have housing near by but it is not always easy to get the place you need just by looking online by yourself. Let a broker do all the work and you will end up being the one to enjoy the benefits of living so close to your school or business.