Profile picture for user78707885

Hi how do you negotiate a rental that has been on the market for 4 months?

they want a total of 4 months rent as a move in cost and tenant pays utilities. apartment located in Dorchester/Roxbury near blue hill ave and franklin park zoo
  • February 04 - Roxbury
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Answers (6)

4 months in the current rental market in Boston is not uncommon at all.  The most that can be collected by a landlord in MA is 3 months rent and a key/lock fee.  First, last, and security.  The 4th month you are referring to is probably a broker fee.  Any experienced leasing agent would help both sides to come to an agreement so that the client gets the apartment they want and the landlord avoids any vacancies.  If you have a good job and credit score then the broker shouldn't have any issues in coming to an agreement that works for both sides.  Such as asking the landlord to pay half or all of the broker fee and reduce or eliminate the security deposit or last month's rent.  Avoiding losing a month in rent is worth it for the landlord to pay the broker fee.
  • February 23
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Wow.  Four months rent upfront?  Seriously? Can you look somewhere else???!    That's tough!  

Good luck!
  • February 07
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Many Landlord's are open to negotiate monthly rent if their apartment has been vacant for the last 4 months. If there's a Realtor involved in the transaction than the 4th month is probably a Realtor fee equal to one month rent. In regard to the Landlord fees, by law he is allowed to require (3 month's max) 1st months rent, last months rent, and a security deposit all equal to one month rent.  I've seen Landlords ask for more but that doesn't mean it's legal. Three months to the Landlord and 1 month to the Realtor fee are separate transactions and most likely where the 4th month is coming from.  Tenant paying Realtor fees in Boston are common practice. If you want to negotiate the monthly costs than simply ask if he will accept blank amount of money per month.  Most Landlords ask Tenants to put down first months rent, and security, and sometimes a realtor fee. Still a lot of money for anyone to come up with for an apartment.

  • February 07
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Profile picture for wetdawgs
Four months sounds steep, unless four months adds up as  first last and 2 months security. 

It is quite common for a tenant to pay utilities, that shouldn't be of concern.  
  • February 06
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Profile picture for marealestatelady
Usually it is 1st, last and security or sometimes just 1st and security.  That does sound high. 
  • February 06
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Profile picture for sunnyview
4 months rent up front sounds a bit steep. Is that usual for your area?
  • February 04
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