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What is Rent Hop?

Rent Hop offers visitors free, no-fee apartments listings for the Manhattan and New York City area. We seek to ease the apartment hunting process by providing you with all the information you need to find, research, and view available NYC apartments.

What is wrong with using a real estate apartment broker in New York City?

There is nothing wrong with using an apartment broker. In fact, we believe they perform an important service to the city and deserve to be compensated for it.

There are actually several types of apartment listings and various roles that a broker can play. Some listings are exclusive, meaning the owner hires a broker to market the property. The owner specifically did not want to play a role in acquiring a tenant and outsources the job to the professional broker. These brokers are absolutely essential to the New York City apartment rental scene, because they are acting in a property management role; they handle all aspects of tenant acquisition that would normally be done by the landlord.

The second important class of listings is called an open listing. In an open listing, the apartment owner welcomes all licensed brokers to bring qualified renter clients to see the apartment. The landlord may also market the property directly, although they often don't have the experience or marketing resources of the network of professional brokers.

Rental brokers who deal in open listings do not force you to use their services, and are usually quite upfront about the fees they will charge you. A broker provides access to listings, landlord contact numbers, and navigation around the city at a cost of approximately 2 months of rent. Most brokers charge 15% of 1 year of rent when you sign a 1 year lease.

Do you charge any money for access to your listings?

We do not charge any fees for access to our New York City apartment listings. We hope to save you time in your apartment search by collecting as many listings together onto one site, providing you with all of the information you need to make informed decisions, and assisting you in scheduling an appointment to view the apartments.

Keep in mind that even seasoned New Yorkers find the apartment renting process very daunting and seek the help of a professional broker. As mentioned above, we believe brokers serve an important purpose and we certainly believe a good broker adds lots of value.

Which brokerage is the best to use? How do I find an honest one?

Unfortunately, we can not make specific recommendations or introductions for specific brokers or firms. With any service-based business, the best method of finding someone is often a personal reference from your network of friends and colleagues.

Who is running this site and how do you get paid?

You can reach us by emailing feedback@renthop.com or by chatting with us live using the Olark chat widget on our help page. We are a small team that juggles many roles, but we're all passionate about real estate, technology, and the long overdue synergies between the two. We have engineering degrees, real estate licenses, and mortgages to pay, so we've seen the pain from all sides; the landlord, the renter, the programmer, and the broker.

We are a Y Combinator funded company.

Some credits

Silk Icons, for a wonderful icon set.



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