{"id":1315,"date":"2013-11-11T09:21:22","date_gmt":"2013-11-11T14:21:22","guid":{"rendered":"http:\/\/www.renthop.com\/news\/?p=1315"},"modified":"2023-07-24T14:12:21","modified_gmt":"2023-07-24T18:12:21","slug":"tips-to-know-before-meeting-your-broker-in-2014-understand-the-process-going-in","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/blog\/tips-to-know-before-meeting-your-broker-in-2014-understand-the-process-going-in\/","title":{"rendered":"Tips to Know Before Meeting Your Broker in 2014: Understand the Process Going In"},"content":{"rendered":"

This post is the first entry in our series on Tips to Know Before Meeting Your Broker in 2014<\/a>.\u00a0 The series is based on our experiences shadowing several rental brokers in New York in late 2013.\u00a0 We learned a lot about the best – and worst – ways to work with brokers.\u00a0<\/strong><\/p>\n

Tip #1:\u00a0 Understand the Process Going In
\n<\/strong><\/p>\n

It\u2019s a broker\u2019s job to educate you about the rental process, but your experience will go much more smoothly if you teach yourself a bit about the market first. Understanding what\u2019s possible (a $1500 studio on the Upper East Side) and what isn\u2019t (the same studio in NoLIta) can help you set reasonable expectations. Sites like RentHop can give you a solid sense of the market. Just beware the \u201cfalse education\u201d of venues like Craigslist, where the preponderance of scams can give you a distorted impression of what\u2019s out there.<\/i><\/p>\n

The internet can give you general knowledge of the rental process and market, but there\u2019s no education like experience. That\u2019s why many brokers actually encourage first-time renters to search on their own first. A few even told us that before they became brokers themselves, they never used brokers. Some found apartments through family or friends, others by approaching management companies directly. As Asha Makalani of Bond NY explained, \u201cI\u2019ve always just been a DIY kind of gal.\u201d Are you surprised that agents would recommend renters try going it alone first? Don\u2019t be. When I asked Makalani what the most frustrating part of her job was, she said without hesitation, \u201cWhen people decide after weeks of working together that they don\u2019t want to pay a fee.\u201d Clients who aren\u2019t really sure they want to pay for a broker\u2019s services can waste huge amounts of that broker\u2019s time. And when you work on commission, time is money.<\/p>\n

Makalani\u2019s colleague, Steve Druth, agrees. Druth\u2019s dream client? \u201cOne who\u2019s gotten screwed over and over and over.\u201d These clients, who\u2019ve been through the Craigslist gauntlet and interacted with numerous second-rate brokers, come to his office with a hard-won understanding of exactly what he\u2019s saving them from.<\/p>\n

Our next tip: make sure that you work with the right expert<\/a> – it can make all the difference!\u00a0 You can also go see the entire list<\/a> if you want to look ahead.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

This post is the first entry in our series on Tips to Know Before Meeting Your Broker in 2014.\u00a0 The series is based on our experiences shadowing several rental brokers in New York in late 2013.\u00a0 We learned a lot about the best – and worst – ways to work with brokers.\u00a0 Tip #1:\u00a0 Understand […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[269],"tags":[],"yoast_head":"\nTips to Know Before Meeting Your Broker in 2014: Understand the Process Going In - Real Estate Topics, Tips, and Guides<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.renthop.com\/blog\/tips-to-know-before-meeting-your-broker-in-2014-understand-the-process-going-in\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tips to Know Before Meeting Your Broker in 2014: Understand the Process Going In\" \/>\n<meta property=\"og:description\" content=\"This post is the first entry in our series on Tips to Know Before Meeting Your Broker in 2014.\u00a0 The series is based on our experiences shadowing several rental brokers in New York in late 2013.\u00a0 We learned a lot about the best – and worst – ways to work with brokers.\u00a0 Tip #1:\u00a0 Understand […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.renthop.com\/blog\/tips-to-know-before-meeting-your-broker-in-2014-understand-the-process-going-in\/\" \/>\n<meta property=\"og:site_name\" content=\"Real Estate Topics, Tips, and Guides\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/renthopapartments\" \/>\n<meta property=\"article:published_time\" content=\"2013-11-11T14:21:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-24T18:12:21+00:00\" \/>\n<meta name=\"author\" content=\"lawrence\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@renthop\" \/>\n<meta name=\"twitter:site\" content=\"@renthop\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"lawrence\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.renthop.com\/blog\/tips-to-know-before-meeting-your-broker-in-2014-understand-the-process-going-in\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.renthop.com\/blog\/tips-to-know-before-meeting-your-broker-in-2014-understand-the-process-going-in\/\"},\"author\":{\"name\":\"lawrence\",\"@id\":\"https:\/\/www.renthop.com\/blog\/#\/schema\/person\/bfb1e305460412627d529695d248df79\"},\"headline\":\"Tips to Know Before Meeting Your Broker in 2014: Understand the Process Going In\",\"datePublished\":\"2013-11-11T14:21:22+00:00\",\"dateModified\":\"2023-07-24T18:12:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.renthop.com\/blog\/tips-to-know-before-meeting-your-broker-in-2014-understand-the-process-going-in\/\"},\"wordCount\":411,\"publisher\":{\"@id\":\"https:\/\/www.renthop.com\/blog\/#organization\"},\"articleSection\":[\"Brokers and Landlords\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.renthop.com\/blog\/tips-to-know-before-meeting-your-broker-in-2014-understand-the-process-going-in\/\",\"url\":\"https:\/\/www.renthop.com\/blog\/tips-to-know-before-meeting-your-broker-in-2014-understand-the-process-going-in\/\",\"name\":\"Tips to Know Before Meeting Your Broker in 2014: Understand the Process Going In - 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