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Posts: 22

Governor

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Q: What's the most you have been able to discount rent?

My friend and I just rented an apartment. The original price was 2400 RMB per month, but I said 2000 RMB. The guy said 2200 and pay 6 months upfront. I said 2000 RMB and pay the whole year up front. He agreed. So we saved 4800 RMB all together plus some on realtor fees. But now I am a little cash strapped haha.

12 years 10 weeks ago in  Housing - China

 
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Posts: 3025

Emperor

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Well, when I rented mine a couple of years back, the starting price quoted was 4050 Rmb per month, to cover rent plus maintenance (or building fees), which includes garbage removal, water usage, etc.  From there I told the landlady it was too expensive, so will let her know in a few days.  I called her about one month after, and she said 3800, still too high.  So, about 6 weeks after I called again, and she was down to 3500.  I told her it was still too high for area, and I guess she realized I had done my homework by checking prices around.  She asked how much I was willing to pay, and I was reluctant to commit, so she countered with 3,300 per month with 6 months in advance.  I told her that if she went down to 3,000 per month, including maintenance fees, I would pay 1 year in advance, and sign contract for 2 years.  She acccepted it without blinking an eye, and I have been wondering if I committed too soon, maybe the cow still had some milk left when I stopped milking her.....

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12 years 10 weeks ago
 
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Emperor

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They were asking 2500 a month for my little two bedroom.  I got it down to 1400 with six months up front.

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12 years 10 weeks ago
 
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