Opting for a broker while looking for accommodation is a pretty regular affair… though dealing with agents requires smartness and diligence and there are smart ways where you can negotiate with the agents to outwit them Knowing the rental market.
Before you start looking for a renting in paying guest accommodation from brokers, do your basic research of the market. For instance, if you are looking for paying guest in Chandivali, do a basic research about the paying guest market of the area. This will provide you with the edge of dealing with the agent. You can glance through the classified adverts as well as refer to the online portals and check at what prices the paying guest accommodation are listed and have an understanding about the trends Availability of the particular property.
For instance, if you have shortlisted any property then try to find out for how long the property is listed. If the property has been listed for more than a month then you stand a fair chance to negotiate with the agent since, he will also be looking desperately for a tenant for that property and to make the most out of this situation, you can negotiate with the agent Money’s worth.
Try to justify that the property which have chosen could be negotiated on the ground of justifying what you are willing to pay. For instance your pg room or apartments for rent in Chandivali is priced at a certain amount and you find it is overpriced…then counter him with proper reasons or logic like the neighborhood score or comparing with other properties with better amenities
Build a good rapport
Every agent keeps his margin which has been a good one. Be friendly with him with your communication skill and try to find out the margin he would be having and try to negotiateand sometimes sweet talks actually work…Another way you can negotiate is that by finding out the total rent of the property and number of tenants. That is another way to negotiate…Keeping the options open.
Always maintain the attitude that you have other options too and you are not desperate to take up the house. This gives you an edge in negotiating the deal with the agent Be flexible.
Quote a rational amount and try to negotiate on that. If the agent quote Rs. 10,000, then your quote would be around Rs. 7,000 ad try to negotiate on that amount. Be flexible to finalize the deal at a midway where both of you will have a win – win scenario. Remember too much bargaining may reflect your unwillingness to take up the property and he may end up treating you casually
While negotiating with the agent it is important that you play your cards right and carry the process smartly so that you have the deal at your side. Proceed step by step…building up the rapport and then start negotiating. Try to be prudent rather than showing off attitude since there won’t be dearth of people who is looking for an accommodation and if the accommodation is strategically well – off, there could be buyers too…