Totally negotiable...but may want to start with 5% of the anticipated annual rent.
Would you give someone $900 to get you a yearly tenant paying $1500 month / $18,000 annual rental income? Just need to decide where your cap is... Tom Hinz www.shortsaletosell.com... more
Willing to take the hit? My God, Baby Boomer, stop living in the stone age. A rental fee is used to limit the number of applicants. The cost to run a credit check by a reputable independent third party verifier is nill these days. There are too many greedy scammers--yes, homeowners are fallible people and are capable of scamming too, and "white collar" crimes are still crimes. Bargaining is natural an part of free market economics and many of the wealthiest and brightest people haggle for everything they pay for. Dont be afraid to haggle anything and everything so long as you use common sense and tact.... more
Hi Stacey, I moved to Hoboken from Chicago (Lincoln Park) several years ago! Maybe I can help, please feel free to call or email directly. Kathleen Conroy 917-370-8181 cell. Email: Kathleen@KathleenConroyRealtor.com
Licensed Realtor, Sales Associate
Sotheby's International Realty
321 Washington St., Hoboken