Frustrated with the hassle in time & cost of enlisting a broker or real estate agent to secure your next home? Make things easier on you by taking back control of the renting process -- investing little time with maximum savings by opting for an NYC no-fee apartment. When we talk about coveted no-fee rentals in NYC, that means no broker’s fee charged at signing -- an unfortunate outcome we’ve all been forced into with the assumption that it’s a requirement for securing a quality apartment. Depending on your broker contract, this can be a month’s worth of rent, or 12-15% of your annual rent. Keep in mind that you’ll also need to set aside thousands of dollars at the lease signing for the landlord’s first and last month’s rent and a security deposit. And that’s all before you even move in.
Certainly, the appeal of a New York no-fee apartment is enormous given the benefit of cutting out roughly a whole month’s worth of rent. When you consider the expenses related to your move including transferring a lease, renting a moving truck, losses on old furniture and bills for new decor, it’s hard to even think about other upfront lease costs like the security deposit, two months’ of rent and tracking down a lease guarantor.
Considering the “no broker fee” NYC apartment route is easy, finding one is the hard part. Your selection can only be as successful as what your scan yields, as you sift through sites like Craigslist, Facebook groups, and NYC real estate sites.
When you tour, reserve, and live in a no-fee NYC apartment with Blueground, you save more than just the broker’s fee: