In Boston’s brutal rental market, the final insult: bidding wars

Re:In Boston’s brutal rental market, the final insult: biddi... by nocoiner on Tuesday June 13, 2023 @08:51PM (#36319799)

It was a thing in NYC last time I rented an apartment there, though that was 15+ years ago. But, it was deeply ingrained enough at that time I can’t imagine it went away, unless it was legislated out of existence.

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Re:In Boston’s brutal rental market, the final insult: biddi... by quequeque on Tuesday June 13, 2023 @09:39PM (#36320260)

typical brokers fees in nyc are usually somewhere between 1 month's rent and 15% of annual rent (1.8 months rent)

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Re:In Boston’s brutal rental market, the final insult: biddi... by nocoiner on Tuesday June 13, 2023 @10:34PM (#36320718)

Yup, that’s consistent with what I remember from back then. I remember having to give my new landlord a check for six or eight grand when I picked up the keys. Sounds about right for first + last + deposit + 1 mo broker’s fee.

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