How to negotiate with the landlord when renting an apartment

Are you having difficulty making money that meets your limited monthly rental budget? To make the most of your income, look for a rental agreement that won’t hurt your costs, but will still allow you to enjoy a comfortable, clean and peaceful apartment in Singapore.

Negotiating with the landlord is easy if you keep these hints in mind.

The rental fee is not fixed and not negotiable.

Most tenants are reluctant to negotiate with their landlords because they think they are not allowed to negotiate, they feel that the negotiation is an embarrassing thing to consider, and they are afraid that the landlord may think they are motivated. You need to realize that negotiating a lease is not a push or a confrontation with your landlord, because a negotiation is supposed to be about finding a solution that both you and the landlord can agree.

Determine what you want in a deal.

You already have an idea of ​​what you are going to tell the landlord and how you want to talk about it. It’s like brainstorming on possible questions that the landlord can ask and knowing how you want to answer it best. This will give you an advantage in the negotiation process, because if you don’t have a certain number of minds in mind, the host will dominate the conversation. Determine the exact amount you want to claim for the rent reduction and start negotiating with that amount.

Research on other rates in the region.

You should have an idea of ​​the average rental price for all neighborhoods in the area. Your landlord will not be willing to give you a cheaper rent than the average because he will also lose profits, and it is not a good idea if others hear about such an agreement that only you can enjoy. Interview other tenants and ask how much they were charged when they negotiated. Ask when it’s best to ask for a discount and what they had to promise or give up to close the deal. Their testimony will also give you confidence in how to conduct your own negotiations with the landlord.

Pay the rent a few months ago.

Let your landlord know that you are not trying to get a better end of the deal by offering something in return for a lower rent. You can prepay your rent in advance, sign long-term leases, referrals to potential tenants to increase the landlord’s profits, give up some privileges you don’t need like parking, if you No cars, or not breaking the house rules again. You may also want to display a good record of your payments as evidence to your landlord that you are not there to argue or confront him about the high rent, because you are always pay your rent on time.

Be flexible, polite and friendly.

You should not only think of yourself when negotiating with your landlord. After all, that’s the source of his livelihood. Never confront or be angry when talking to a landlord, but be a good listener and respond as politely and honestly as possible. Of course, there is no need to negotiate on a lower rent if the price is within a reasonable range (which is why you need to research about the average rent in the area). The goal of your conversations is to create the best possible situation for both of you, without creating tension and distrust. You should be ready to move if the landlord cannot lower the rent anymore, which means that the initial price you have should only be the starting point of the negotiation, not the last option.

Pay the rent a few months first

Let your landlord know that you are not trying to get a better end of the deal by offering something in return for a lower rent. You can prepay your rent in advance, sign long-term leases, referrals to potential tenants to increase the landlord’s profits, give up some privileges you don’t need like parking, if you No cars, or not breaking the house rules again. You may also want to display a good record of your payments as evidence to your landlord that you are not there to argue or confront him about the high rent, because you are always pay your rent on time.