There are agencies that can do that for you.
But I have to be honest, you can end up paying more per month than if you rent for the full year.
Consider this: you move in, live there for a few months, and then move out. The owners have prepared the apartment for occupancy (and it is more than just a paint job and a fresh finish on the hardwood floors - there are repairs and upgrades to be taken into account) for you, and need to do the same after you. This can take the apartment off market for several weeks, or even a month. Now they have to do the same after you have left.
Continuous occupancy for a year by you is less expensive for the owner, hence a possible savings in the rent.
Licensed Real Estate Sales Agent
Exit Realty Top Properties
4% for Sales (the brokers work out the split, and you don't need to be concerned about that). And anyhow, you asked about the Commission for Rentals, specifically.
Some people say "No Fee", tell you there is a 2 Month Deposit (1st & Last Month), then pocket the "Last Month" without telling you.
Negotiable? This is how we make our living, and rents are not so high that we can go below 1 Month.
This will also depend on the neighborhood in which you're looking - there are very few brokers in the better-known neighborhoods that will quote you anything under a 12% fee,
Good luck with your search.
All real estate agents are independent contractors and each decides him or herself how much he or she is worth and/or how much of a fee they want to charge the consumer. Real estate agents cannot collude and fix commission rates, that is considered price fixing and is illegal.
I do not think a shorter term would induce an agent to take a lessor fee because they will still be doing the same amount of work. Good luck!
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783