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Old Posted Jan 10, 2015, 7:07 AM
nds88 nds88 is offline
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Join Date: Jul 2013
Posts: 217
Moving is a pain, but at least you might be able to get a unit in the same building if you need to cross that bridge. Glad to hear you weren't blinded sided and the previous landlord was transparent with you.

Here's a few suggestions.

If you are confident that your current rent is at market level, then you can try calling them out on their mistake. Have them list it at the premium price now (as a test) to see what the market interest level is. Have them realize no one is going to rent it if it actually is over priced. Then swoop in and negotiate a fair renewal price (don't pick option 2)b)ii again).

If it is a hot unit and people are highly interested, then you at least know in advance that it wasn't meant to be for you. Then you have extra time to find a place instead of finding out last minute.

Compile a listing of rentals in the building and their rates. Get a few listings of comparable units near by. Show them their numbers are out of whack. Make it as easy as possible for them by doing the homework and putting a summary page together. Gather a few reference letters, employer letters and keep the unit in tip top shape to show you are the ideal tenant anyways. Perhaps your previous landlord will sign an outstanding reference letter (write it yourself and have them sign it - make it easy for them). Its always impressive when you have your s**t together.

Its a bit of work, but if you think it will tip the scale to your favor, then it may be worth your time.

Its probably not likely or ethical, but can you cut them a "referral" check for the commission they would get with the rent raise instead?

Good luck!
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