Rental Basics in Atlanta>Question Details

Andrew Wilki…, Trulia Community Manager in San Francisco, CA

Is it reasonable to negotiate rent price with a landlord? Would signing a longer lease help?

Asked by Andrew Wilkinson, San Francisco, CA Tue Feb 28, 2012

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Usually private landlords will negotiate a lower rate for a longer lease, but usually not too much.
0 votes Thank Flag Link Wed Feb 6, 2013
I am sure signing a longer lease would help.
I am few of those that believe everything is negotiable.
It all depend on who is doing the negotiations and what terms are used/included in the negotiation.
0 votes Thank Flag Link Wed Feb 29, 2012
Yes and yes, as Dave says.

There are various ways to negotiate a lease with a landlord. Many/most would much prefer a longer lease, and so many likely would give you a break on the price. Agreeing to handle minor repairs yourself is another way. Agreeing to automatic withdraws from your checking account when the rent is due is possibly another.

Basically, anything that can make the landlord's life easier or simpler is a possible negotiating point.

Hope that helps.
0 votes Thank Flag Link Tue Feb 28, 2012
Don Tepper, Real Estate Pro in Fairfax, VA
MVP'08
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Hi Andrew,

Speaking from a Property Managers point of view... You can always negotiate rent. Many times there is some leeway built into our owner agreements.

Depending on the area, we are getting multiple rental offers and the days on market is not long.

The downside to asking for a longer lease, it locks you in as well. If you have to move early and break your lease it will cost you. We just had that situation with a high end rental, they asked for an 18 month extension and broke the lease with one year left on it. They had to pay an additional 3 months rent.

If you have any questions, call me at 678-488-0183. Be glad to help
0 votes Thank Flag Link Tue Feb 28, 2012
Most definitely! David is right on the money.

One note about renting. Lately, everyone fancies themselves an investor/landlord. As much checking as they do into your background, I'd recommend doing the same with your landlord. At least google them or ask for references. There is nothing worse than being in a rental situation, having something break and getting no response from the landlord. You can never be too careful!

Best of luck,

Jayson Janowski
0 votes Thank Flag Link Tue Feb 28, 2012
Yes its reasonable to negotiate a lower monthly rental. It just has to be a win win for all parties. The same can be said for extended leases. It just has to be a win win.
0 votes Thank Flag Link Tue Feb 28, 2012
Yes and yes. Offering a longer lease means less vacancy time and advertising expense for the landlord, so it is reasonable to ask for part of those savings to be passed on to you.
0 votes Thank Flag Link Tue Feb 28, 2012
You can always try to negotiate and signing a longer lease is a great incentive for the landlord. In my market rentals are not on the market for a long time. Some homes/condos are leased within hours of being "on the market"
0 votes Thank Flag Link Tue Feb 28, 2012
Hi Andrew, it would depend on each landlord and their reason for renting. In most cases, the terms of any contract are negotiable. Some landlords may find a longer lease appealing and others may find the higher rent rate appealing. There's no set standard or criteria, it just depends on that particular Landlord.
0 votes Thank Flag Link Tue Feb 28, 2012
Negotiation is always reasonable, but isn't always necessary. Signing a longer lease would only make sense if it was mutually beneficial for both parties involved.
0 votes Thank Flag Link Tue Feb 28, 2012
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