What are some tips when negotiating your lease renewal terms?

Asked by Trulia Philadelphia, Philadelphia, PA Wed Feb 6, 2013

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Timothy Garr…, Agent, Philadelphia, PA
Wed Feb 6, 2013
BEST ANSWER
Here are a few:

- Have a 1-3 year plan in place. This will allow some negotiating room with your rent, especially if you have a 3 year plan.

- Take good care of the place. Invite the landlord/landlady over to do a walk-through during your lease, so they can see how nice you've kept it.

- Work with an agent of your choice. As a tenant, you have the right to find a licensed agent and work exclusively with him/her. Typically, that agent will get compensated by the landlord/landlady; not by you.

Hope those tips help.

Best,
Tim

Timothy M. Garrity | REALTOR®, ABR®, e-PRO®
U S Spaces, Inc. | 2043 Locust St. 1F, Philadelphia, PA 19103
Licensed Real Estate Salesperson, PA | #RS314897
267-879-2716 - Call & Text
215-829-8850 - Office
PhillyUrbanLiving@gmail.com
PhillyUrbanLiving.com
0 votes
Sheri Curci, Agent, Newtown, PA
Wed Feb 6, 2013
Try Month to Month so.... if your L/L falls behind on repairs or you decide to Purchase another property .... its easier for you to pack up with out excess cost on a lengthily contract.

WHO knows if you hit the Lottery.... you can give 60 days notice and Roll out of there!

All the Best John + Sheri Curci 215-757-2889
0 votes
Michael Solo…, Agent, Huntingdon Valley, PA
Wed Feb 6, 2013
Is this for commercial or residential
0 votes
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