NYC rental fee Rebate with NestApple

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Save Money On Your Apartment With A NYC rental fee Rebate

Getting Paid By Your Broker Is Easy With NestApple

If The Unit Has A Fee

First, select NestApple as your broker when you visit the unit
15% of the annual rent (i.e. 2 month’s rent) typically split between the 2 brokers
Lastly, NestApple pays you back 2/3 of our fee as NYC rental fee Rebate
If you apply on your own, the listing agent gets the full 15% you pay him

If The Unit Is “No Fee”

This does not mean brokers aren’t getting paid any fee, it only means the landlord pays for it (as a referral)
In some cases, with NestApple as your broker, the listing broker and NestApple each receive a month’s rent from the landlord as a referral
NestApple will pay you back 2/3 of the fee received as NYC rental fee Rebate
If you apply on your own, the listing agent collects the full 15%

Standard Commission On A Rental In NYC Is 15% Off The Annual Rent!

Let’s walk through a few possible outcomes for when renting an apartment in NYC where the rent is $3,000 per month.

Tenant Goes Without A Broker

Total Commission of $5,400
The Listing Agent receives $5,400
You will get back $0!

NestApple Works With You

Total Commission: $5,400
The Listing Agent receives $2,250
Nestapple will receive $900
You will get back $1,800 from NestApple!

Tenant Hires A Traditional Agency

Total Commission of $5,400 Is Split
The Listing Agent receives $2,700
Tenant’s Agent receives $2,700
You will get back $0!

Calculate Your Rental Rebate

The calculation is based off a standard commission of 15% annual rent in NYC

$2,000
$12,000
Monthly Rent: $2,000

NestApple Saves You

$1,200

I’m Ready To Get My Rebate!

Step One: Let’s Find That Dream Apartment Together!

Market Knowledge We have relationship across the NYC broker community, New York landlords and management companies due to our large volume of business. Also. our team and our founders have experience in real estate but also in investment banking, consulting, and corporate law. Lastly, we own real estate and invest ourselves and we will help you navigate around the pitfalls we have experienced before.

Portfolio of Listings As a matter of fact, NestApple will ensure that you have full access to all real rental property in New York City. For instance, our NestApple database is larger than StreetEasy. The NYC rental market is flooded with open listings (a broker “stealing” the listing of somebody else) and fake listings (“too good to be true” listings). Having access to NestApple’s database of verified listings will ensure that you don’t waste time on listings that are no longer available whether you are looking for temporary housing or a yearly lease.

Prepare To Make An Offer Whether you prefer to do most of the searching on your own or work more closely with NestApple, you can narrow it down to a few apartments. Once you have identified the property for which you are ready to submit an offer, NestApple will conduct a market analysis in order to determine the appropriate bidding strategy.

Step Two: Get Your Documentation Ready To Present Your Offer

The Application The application will vary depending on the landlord. In fact, it is typically fairly simple for most rental buildings and more extensive for condo or co-op application. Generally, you’ll need to have the following documentation ready:

Last two pay stub and a letter of employment (current position, salary, and length of employment)
Up to two years of tax returns
Latest bank and investment account statements
List of your previous landlords with contact information
A photo ID such as a passport or driver’s license.

For a condo or co-op apartment, you may have to complete a more extensive rental application which will be reviewed first by the management company and then handed to the board for review and approval. Lastly, you may have to pass a coop board interview before your lease application is formally approved.

Step Three: NestApple Will Negotiate Till The Offer Gets Accepted

The Offer After your offer has been submitted there is a negotiation on the specifics of the lease including monthly rent and concessions (first month free, security deposit, co-signers, etc) and it’s possible your offer won’t be the only one on the table. In the event that there are multiple applicants, the landlord may accept multiple applications from potential renters to compare and choose the best profile. In fact, the landlord may also run a credit report and sometimes a background check. As a result, the formal process may take a few days to get finalized.