Negotiate a Lower Rent – Ramit Sethi

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What you will get in this course?

Email Script #1 – Are you paying above market rates?

If you’ve done your research on rental rates in your area — on Zillow.com, Craigslist, or another rental rates site — and it looks like you’re paying more than you should, you can easily convince your landlord to reduce your rent. And many time, you can do it just by pointing out the data in an email.

Email Script #2 – Are you paying at or below market rates? You can still save hundreds every month

If you’re paying at or below market price, you’ll probably need to offer a concession to your landlord. Otherwise, what’s going to entice him to reduce your rent. Otherwise, you’re not really giving him any good reason to do so.

How to prepare for your phone call

Going into negotiation can be tough. That’s why I encourage to spend a few hours practicing these 5 steps before you ever pick up the phone. By front-loading the work, you’ll ensure the conversation goes as smoothly as possible.