entire commission goes to listing agent
Listing agent makes $5,400
You get $0
Commission is split
Listing Agent: $2,700
Tenant’s Agent: $2,700
You get $0
Are you looking to rent an apartment in NYC or CT? You can save thousands of dollars off your broker’s commission by only requesting a NYC rental broker fee rebate through NestApple. Our team of tenant’s broker is highly rated and affiliated to REBNY (Real Estate Board of New York) offers a full service of brokerage services for prospective tenants.
Rental broker fee rebates in NYC and CT are legal and non-taxable. You can earn a rebate on pretty much every listing on the market. Don’t let that listing agent earn that hefty double commission. Hire NestApple and get money back now.
Market knowledge: we have relationship across the NYC broker community, New York landlords and management companies due to our large volume of business. Our team and our founders have experience in real estate but also in investment banking, consulting, and corporate law. We are owners and investors ourselves and we will help you navigate around the pitfalls we have experienced before.
Portfolio of listings: NestApple will ensure that you have full access to all real rental property in New York City. Our NestApple database is larger than StreetEasy. The NYC rental market is flooded with open listings (a broker “stealing” the listing of somebody else) and fake listings (“too good to be true” listings). Having access to NestApple’s database of verified listings will ensure that you don’t waste time on listings that are no longer available whether you are looking for a temporary housing or a yearly lease.
Prepare to make an offer: wether you prefer to do most of the searching on your own or work more closely with NestApple, you can narrow it down to a few apartments. Once you have identified the property for which you are ready to submit an offer, NestApple will conduct a market analysis in order to determine the appropriate bidding strategy.
The application will vary depending on the landlord. It is typically fairly simple for most rental buildings and more extensive for condo or co-op application. Generally, you’ll need to have the following documentation ready:
For condo or co-op apartment, you may have to complete a more extensive rental application which will be reviewed first by the management company and then handed to the board for review and approval. Lastly, you may have to pass a coop board interview before your lease application is formally approved.
After your offer has been submitted there is a negotiation on the specifics of the lease including monthly rent and concessions (first month free, security deposit, co-signers etc) and it’s possible your offer won’t be the only one on the table. In the event that there are multiple applicants, the landlord may accept multiple applications from potential renters to compare and choose the best profile. The landlord may also run a credit report and sometimes a background check. As a result the formal process may take a few days to get finalized.