SkipBrokers.com partnering with more NYC luxury apartment owners to keep up with the demand.
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As real estate experts continue to speculate when the market will hit bottom before recovering, the one thing that remains certain is the amount of uncertainty around a specific timeframes. Along with the entire country, sales for New York apartments continue to drop. Although no fee apartment rental vacancies have also increased, the pace has significantly slowed down compared to six months ago according to numerous owners of NYC apartments. This may be attributed to the amount of incentives luxury apartment owners are giving to no fee apartment hunters in Manhattan. Three months free rent to $3,000 gift cards, gym memberships and waived security deposits can be enticing to anyone looking to rent no fee apartments in New York.
“Not only has the number of NYC no fee apartment hunters increased, the amount of New York luxury apartment hunters has drastically spiked since April as well”, said Paul Salamanca, CEO of SkipBrokers.com, a national online no fee apartment rental company. When founded in 2005, SkipBrokers.com’s customer base was prominently bargain shoppers looking to rent no fee apartments in NYC.
However, over the past six months SkipBrokers.com has formed partnerships with the most luxurious Manhattan apartment owners to keep up with the increasing number of customers looking for New York luxury apartments. Salamanca attributes the increase in NYC luxury apartment hunters to the amount of attention the media has placed on incentives Manhattan apartment owners are handing out. According to Mr. Salamanca, many apartment hunters are exploring the option of a higher quality of living due to rent decreases and incentives. Many people who were initially looking to live in the outer boroughs are taking a stab at Manhattan living while current NYC residents who may have stayed put in their apartments are also testing the market. Current New York tenants are curious to know if they can upgrade their NYC apartment for the same or less than what they are currently paying in rent.
Manhattan no fee apartment seekers are also searching a month or two earlier than in previous years because they know time is no longer against them. “New Yorkers are extremely savvy and are relishing the opportunity to negotiate once they find an apartment they love as opposed to previous years where they may have prematurely rented a decent apartment because great deals were harder to find.”
Despite having more Manhattan luxury apartment customers, SkipBrokers.com provides the same appointment setting services to all customers looking to rent no fee apartments without paying a broker fee. While summer historically tends to be the busiest time of year in the NYC residential rental market, only time will tell if this increasing demand for luxury apartments in NYC will continue.
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