FundRobot » Fund Price » Question about apartment prices.?

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Old   #1 (permalink)
 
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Default question about apartment prices.

I'm a college student with not a lot of money. My parent pay for my school and they don't want to pay for apartments over 500. The place I want to stay at has a 4 bed room 4 bathroom for 510. If I was to negotiate with them and bargain, do you personally think they will drop it to the 410-450 range?

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Old   #2 (permalink)
 
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Default question about apartment prices.

You're a college student. You don't need a 4 bed / 4 bath apartment. Get a 2/2 and save your parents, who are generously funding your education, some money.
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Old   #3 (permalink)
 
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Default question about apartment prices.

Are you planing to dicker with the landlords? - they'll not drop the price, that unit could be used by two couples or four singles who are going to share the expenses. Find a few people to share your abode with (college students?) and then ask your folks what they think.
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Old   #4 (permalink)
 
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Default question about apartment prices.

You are in dream land. And I am assuming the 4br/4ba for $510 is the per bedroom price. I suggest your goal be more around $480

I am all for negotiating when ever the opportunity exists, but when doing so you need to know what you can and can't get away with, and you also need to bring something to the negotiating table too. I think you can likely negotiate up to 5-10% of the lease with nothing to offer, but if you want more, you have to offer up something of value. For example signing a much longer lease or paying all your rent money upfront would be an advantage to the landlord that could justify a lower rate.
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