Finding an apartment is almost like having a second job. It takes time, money, and energy. We can help you cut to the chase.
Working with a broker takes a lot of day to day work off of your plate. If you decide to search on your own, a lot of your free time will be spent going over apartment listings and coordinating viewings. If you work full time, you’ll probably need to take time off, or use your weekends to view apartments. Many landlords keep regular business hours, so it can be hard to schedule showings in the evening.
Apartment hunting without a knowledgeable agent simply isn’t easy, and it can get pretty stressful. Most people who end up overpaying for apartments are the ones who negotiated rent on their own. Add to that the fact that some landlords withhold bits of information, post misleading apartment photos, and don’t communicate everything upfront, and you start to see exactly why working with a licensed broker is the preferred method.
These agents live within the market on a daily basis, and their knowledge is invaluable and unparalleled. They know what’s currently available, what’s becoming available, and which apartments simply aren’t worth looking at.
Budget: You don’t really get to pick your own budget. You can only afford so much, and while most people can be a bit flexible on the size, location, condition, and features of their apartment, price ends up being a determining factor in your final decision. We recommend that your maximum monthly rent does not exceed 33% of your gross income.
Location: Most cities have a bunch of neighborhoods, each with its own personality and feel. You might want to be close to work, restaurants, nightlife, or school. You might want to live somewhere quiet, or someplace family oriented. You’ll want to find the sweet spot between what you want and what you can afford.
Size & Amenities: Do you need a one or two bedroom apartment? A large living area? A home office? Are great views important? While determining which features are important, always keep in mind that there is a price for each one and therefore prioritize them based on how much you are willing to pay for each.
We recommend starting at the lowest price point—the studio apartment—and working up. Features like location, doormen, more rooms, updated fixtures, granite or stainless steel countertops, and the like will end up adding to your rent. Scale up until you’ve found what you need and can still afford.