Negotiate Your Rent

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I’ve always been a renter.  When I moved, I always looked for places that were within my budget.  $5 over?  I’ll find something else.  The most recent time I moved I called our current landlord.  His properties were out of our price range.  I left it at that.  Then he did something amazing.  About two weeks later, he called back.  He remembered we were looking for something and wanted to show us one of his units that was about to open up.

We looked at it.  The rent was still higher than what I wanted to spend.  But boyfriend was in love with it.  So we went home to talk it over.  Boyfriend said, yes, it was over, but we could negotiate the rent.  “Really?”  I asked.  “It’s worth a shot,” he replied.  Somehow he decided I was better at this kind of thing, so I called.  (Wasn’t I the one who didn’t know you could even do this five minutes ago?)

I was so horrible at it.  I wanted to pay $50 less a month, so that’s what I told him. He said the lowest he could do was $25 less a month.  I told him I’d call him back.  For $25 a month, boyfriend was sold.  He convinced me it was a minor cost to live in that neighborhood and blah blah blah.  And I had just knocked $25 off the price.  Might not sound like a lot, but that’s $300/year.

Happy ending:  we got the place and love it.  If I could go back in time, though, I’d ask for $100 off a month.  He might have laughed at me, but then when he met me half-way, it would have been at the price point I actually wanted.

*This is a Frugal Tuesday Tip*

 

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10 thoughts on “Negotiate Your Rent

  1. shopping2saving

    So true. You can negotiate almost anything these days. I watch in awe as my BF does it all the time. He gets us free gift cards, extra game credits, money off of our bills, etc all the time! I think it has something to do with having a man voice and speaking like you are someone in authority. It kinda scares me so I leave that stuff to him. But it works!

    Reply
  2. nicoleandmaggie

    Next time boyfriend should do it– there’s research showing people are more likely to give men the lower price than women, everything else equal. (Even when they’re trained actors who don’t really care!)

    Reply
  3. jlcollinsnh

    one time in Delhi my wife an I were shopping for a rug. Our motorized rickshaw driver Jaspel, who of course had sworn to guard our interests, took us to a store. It was run by an old man and his son.

    We sat. They served tea and cakes. Any rug we showed the slightest interest in they sent a boy to fetch and display at our feet.

    Wanting to test the prices I choose one we had no interest in and asked. A price was given. silence from us. we didn’t want this rug. the price came down. and down again.

    The old man spoke to his son. The son listened and then said:

    “MY father has instructed me to offer you this very fine rug for the unheard of price of only 2500 rupees.”

    The was a pause. Then my wife, the only woman in the room, said, “How odd. I understood him to say 1500.”

    Long stunned silence, until the son finally said, stammering a bit, “You speak Hindi??”

    You get the respect you command.

    Reply

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