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I’m going to show you exactly how to negotiate your rent so you can put a couple thousand dollars — or more — in your pocket this year.
Most people don’t think negotiating their rent can save them much money — or that it’s even possible! But look at the results for two of my students:
“When I went to ask for a rent reduction, the office kept on insisting that I was already paying ‘market rate.’ I let them know that I was serious on leaving if they didn’t give me a lower rate … They agreed to give me a rate of $1,435 which is $150 off my previous rent! With a 12-month lease, that is a savings of $1800!” – Sharon C.
“My lease renewal was coming up and the rates around where I live were going up at a phenomenal rate too … I wanted to stay at a lower apartment fee or the same. Initially, the leasing office turned down my request. However, when I mentioned that I’d be willing to sign a lease for 12 months — they went ahead and reduced my rent by $200 a month. The year has barely started and thanks to you I was able to save $2400 for this year!” – Sophia
Your rent is NOT fixed and beyond negotiation. You can lower your rent … if you know how to negotiate. The key is going into a negotiation with the right mindsets and preparation.
How to negotiate rent (with 5 rules)
Negotiating rent is not about stomping your foot down and demanding what you want in a very confrontational way. True negotiation isn’t adversarial at all. In fact, the best negotiation comes from finding a true middle ground.
Rent negotiation starts by clearly understanding both people’s intentions and positioning your offer in a way that clearly benefits you and the other side.
I want to walk you through the five rules on how to negotiate rent that’ll dramatically increase your chances of saving money. They are:
Let’s jump in.
How To Negotiate Rent Rule #1: Know what you want
If you walk into a rental…
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