What are some tips for renters before signing a lease?

Asked by Trulia, San Francisco, CA Tue Mar 6, 2012

What are some things to be aware of? What are some tips when negotiating a lease?

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Chris Schill…, Agent, Houston, TX
Wed Mar 7, 2012
Tip #1
Make sure that you have "diplomatic clause". Different markets call it different things, but ultimately this is the portion of the contract that spells out clearly what the terms are for both notice and cost for you to be able to get out of your lease early. Life happens....you change jobs, win the lottery, get married, get divorced, lose a job....or need to move because your just hate the place. Whatever happens, know ahead of time what it takes for you to break your lease and how much it will cost you to do so.

Tip #2
Ask them which floor plans they have in the greatest quantity. Most apartments keep track of which units are in shorter supply and adjust their pricing upwards as demand increases. They also lower prices when they have an abundance of a particular floor plan. You can find a great deal by asking about their current inventory!


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Chris Schilling, ABR, CRS, GRI, GREEN
Broker-Founder
Turbo Realty
chris@turborealty.com
Cell: 832-607-8073
0 votes
Anthony Burt…, Agent, Richland, MO
Wed Mar 7, 2012
When looking at renting a home,apt., etc.... look at it as you would if you were buying the property. Not speaking ill of landlords ( Because I am one :) ) They are like anyone else, some good some bad!! Make sure you look at everything and make notes on it, mentally, on paper and we also use a camera to document any defects in the home, Any good landlord will have a walk-thru form to do this with, and will save you time and money when you decide to move out. As far as negoitating leases, I'm not real savy on these, I live in central Missouri and in our area it pretty well is what it is, you can negoiate pets and what not, but with not having a large abundance of rentals in our area available, the homeowner has the final say. Bigger cities I'm sure it's a completely different ballgame. Hope this helps to potential renters!! Thanks
0 votes
Ron Thomas, Agent, Fresno, CA
Wed Mar 7, 2012
make sure it is not a scam.
Read the lease.
Keep a copy of everything.
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