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Question
When should I begin my search?
Answer
You should begin your search
approximately four to six weeks prior to your moving date.
Apartments are rarely available more than six weeks ahead of
their lease commencement date.
Question What are Rent Stabilized
buildings/Apartments?
Answer
Rent stabilized apartment
buildings are those buildings whose rent is regulated by the
city and state of New York. Yearly rent increases are usually
only 2% to 4% and once you secure a rent stabilized apartment,
you have the right to renew your lease indefinitely. Most
brownstones and townhouses with more than four units, as well
as the older tenement and elevator buildings in the city, fall
into this category and are owned by small and medium size
landlords. As ArdorNY.com deals primarily with small to
medium size landlords (see "Why Us?"),
a considerable
portion of our apartment inventory consists of rent stabilized
apartments. You have a better chance at finding an affordable
rent stabilized apartment through ArdorNY.com than through any
other real estate company in the city!
Question How much is your broker's
fee?
Answer
We do not charge for any
information provided on our website or for viewing actual
apartments with the help of one of our agents. You’ll pay us
a broker’s fee ONLY if you rent an apartment through
ArdorNY.com. For unfurnished apartments with one or two year
leases, we charge 15% of the annual rent
(for our Furnished/Short Term rental fees click
here).
A considerable portion of our
inventory (currently about 15%) consists of “No Fee”
apartments. Ask our agents about such possibilities or simply
browse our database; “No Fee” apartments are indicated as such
in our system.
Prospective renters seek our services for two reasons: 1)
They want to find a good deal that will amount to considerable
savings in the long run. While you may be able to find a “No
Fee” apartment, we can often get you that apartment for
considerably less monthly rent with a fee. This will amount
in long term savings that you would not find without our
services. 2) They want to save the time and efforts often
wasted when trying to find and close on an apartment in NYC.
This process can be both frustrating and fruitless without the
guidance and knowledge of a licensed real estate agent. For
additional reasons to use our services,
see "Why
Us?".
Question
What are the "No Fee" services?
Answer
Most of the apartments you see listed as “No Fee” on the
internet or in newspapers are actually listed via a flat
fee agency. You cannot obtain any information from these
agencies unless you first pay a flat fee, which allows you to
access their database. Usually their fees range from $50 to
$250, even though in most cases they can legally charge no
more than $15 for this type of service (see ).
A very small percentage of the subscribers to these services
actually rent their apartments this way. Most of these
companies provide little support to their clients in the way
of staff, as they operate entirely as internet-information
agencies, and are therefore unable to provide agent expertise
to help you navigate your way through the rental process.
Frequently, the information obtained from these agencies is,
unfortunately, unreliable and outdated, making the prospect of
renting an apartment by utilizing flat fee agency all the
more unlikely.
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