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How To Simplify Your Manhattan Apartment Hunt

Finding an apartment to rent has often been portrayed as one of the most difficult things to do in New York City. Many a television sitcom has capitalized on the theme of New Yorkers navigating their way through the supposedly murky rental market here; a motif which has now become accepted as fact by many newcomers to the city. However, what is important to realize is that such horror stories of apartment searches are usually caused by a lack of preparation and readiness in securing the ideal apartment. If you're willing to put in a little time, planning, and preparation, then finding an apartment in one of Manhattan’s neighborhoods won’t be strenuous.

New Yorkers Reluctant to Pay Brokers’ Fees

Tough economic times have caused New Yorkers to tighten their purse strings, and some of the ones bearing the brunt of these hard times are New York’s real estate brokers. In a recent survey conducted by Rent.com, four out of ten New Yorkers said that they would not like to pay a broker’s fee when they look for an apartment. In a city where finding a rental is often fraught with difficulties, city residents don’t seem to want to have the broker’s fee added on to their list of expenses. The broker’s fee is typically about 15 percent of an apartment’s yearly rent, but with the double whammy of a surge in rents and a dip in vacancies in the city, New Yorkers are holding on to all their dollars to make sure they can afford their homes.