Website helps tenants in new York to rent an apartment without brokers

Website helps tenants in new York to rent an apartment without brokers

When Juliet Miller decided to move out of the apartment in Gramercy and go back to long island to save money on brokerage, she placed an ad on Joinery. It is a platform that allows people who are in search of accommodation for rent, to find it not through brokers, and through advertisements of tenants will soon move out from the rented apartments.

Within a few days she received 10 applications from potential interested tenants.

Website helps tenants in new York to rent an apartment without brokers

Yes, to use the site, you still need to observe a few intricacies of the procedure. For example, to ask permission from your landlord, because he needs to understand that check credit score and the minimum wage the future of the tenant, the broker will not check. However, the period of finding a new client is reduced significantly.

Doing so can be beneficial not only for those seeking housing, but also of tenants, placing ads. Fabulous Commission to the broker entering will not have to pay, but a small reward for the departing tenant possible. On average, half the monthly rental cost – in any case, less than 15% of the annual amount.

The website has been operating for more than a year and, if in the beginning it was focused on the individual of tenants, but now the business model of the company focuses more on the involvement of large landlords and management companies, who then encourage their tenants to place ads on the vacated housing. This reduces the idle time of shelter rent and help you find customers.

The platform does not allow ad placement brokers. Data about the tenant who posted the information about the expiring housing, are studied in detail. One of the main goals of the website is to eliminate the brokerage element in the procedure of removal and disposal of tenants from excessive spending on services of intermediaries who do not actually give anything but access to housing.

For their services the website requests that less than 1% of the cost of the monthly rent.

«I’m not Mother Teresa, — says the owner of the site , Joella Ramsey, but the idea is to create something more equitable attracted me always.»

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