I love an apartment that's been on the market for months, but it's too expensive. Could an agent help negotiate a price I can afford?

Asked by Laura Raines, Philadelphia, PA Tue Feb 18, 2014

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Hank Wilson, Agent, Bowling Green, KY
Sat Feb 22, 2014
It most certainly does not hurt your cause that it has gone unrented for months. You have more basis for a price reduction or negotiation in general. However, many people will stay with what market value is for similar properties until the time theirs rents. Nonetheless, once you show interest you are in a more powerful position to negotiate with this listing than one that was new to the market.
0 votes
Christina Fe…, Agent, Drexel Hill, PA
Sat Feb 22, 2014
Hi Laura,

There is always room for negotiation in real estate.

If the owner of this property is working with a Realtor, it is more than likely that the Realtor suggested the rental price based on the prices of similar rental properties in the area.

It could also be the case that the owner has unrealistic expectations of what they want for rent and may have gone against the advice of their Realtor when deciding on the listing price.

Please give me a call so we can discuss this matter in further detail.

Have a great weekend!

--
Christina Ferriello
REALTORĀ®
Century 21 Alliance
3012 Township Line Road
Drexel Hill, PA 19026
610) 449-6006 (Main Office)
(610) 449-0645 (Fax)
(914) 469-7672 (Cell)
christinaf@century21.com

Follow me on Facebook and Twitter!
https://www.facebook.com/cferriellorealtor
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0 votes
Kenyatta Wil…, Agent, Springfield, PA
Tue Feb 18, 2014
Give me a call at (267)255-3304. My name is Kenyatta Williamson. I have had some success in this area.
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