How To Negotiate With Letting Agents
When it comes to real estate the hardest part is always dealing with the letting agents. As much as they may be helpful they are also scrupulous and can be dangerous when it comes to money. Therefore, one should know how to approach and talk to them when looking for a place to stay, that is if you want to minimally avoid all those extra charges that comes with looking and viewing the houses in question. Move Inn Estates Southall Ltd has some excellent tips for people who are dealing with this type of problems.
Know your surrounding
First of all in order to emerge victorious in the art of negotiation you must be aware of your surrounding environment. In this case know more about the letting agents usual fee range for house hunting and letting before choosing the one to make the dealings with. This will help you in making the negotiating process easier as you will at least know the baseline price
Listen before giving feedback
Moreover, you should always listen to letting agents as they speak and try to pick up clues that might help you know more about the properties and what they are likely to charge. In essence try a bit of mind reading and answer accordingly with your price range in mind. You are both bound to reach a common understanding through listening as opposed to speaking aimlessly without a clue to what you are saying.
Be specific on your needs
Also be specific on what you are looking for before you drag yourself to the negotiation table. It is better if the letting agent knows what you as a tenant want and what you do not before they charge you any fees. Moreover, you get to compare the prices and make a baseline for what you might actually be comfortable spending on a particular house.
Be polite but also aggressive
As much as you want the best deal and think that by being polite you might get what you want easily, you have another thing coming. However, that does not mean that you raise your voice and get all angry and worked up, just be aggressive and sensible so that you come out as intelligent and knowledgeable as opposed to soft and naive about matters related to real estate.
Praise the Letting Agent
Consequently, you can always break the ice with minor ego boosting showers of praise towards the letting agent just to make them feel appreciated. This makes the negotiation process easier, friendly and with minor but beneficial compromises to come your way easily without too much of a hustle. Likewise, they might even give you the best deals without asking for them the hard way.
Be Informed
Do not be quick to throw money anyhow just because you are dealing with an agent. Be cautious and informed about the reputation and business of the letting agent before making any approach towards them. Some agents are known to be adamant while some are just daylight thieves so be wary when dealing with them. Therefore, to make sure that the negotiation goes your way know as much as you can about them, you never know how useful the information can be. After all, Information is power.
