Quote:
Originally Posted by texas*princess
For the first time ever, I'm utilizing the help of an apartment locator.
Can someone give me the lowdown on these people? I know they are paid by the apartments that their people end up leasing from.. but that's about it.
I think I'm wary because this lady seems really partial to one complex that I didn't really want to look at. Is there maybe something more in it for her or something?
Does anyone know how they operate?
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Typically a locator is paid a fee anywhere between half a month's rent to a month rent on move-in by the apartment community. Sometimes apartment communities will offer something above and beyond the standard fee, which could cause the locator to not have your best interests at heart. Back in the days before gazillions of apartment listings were just as close as the computer, locators had a logical place in the apartment search process. Now, it's easy for a consumer to do his or her own research.
Unless you are completely new to the area, or you are somewhere that most of the apartment stock is single units owned by private landlords (vs. apartment communities) you are best off looking on your own. As mentioned, forrent.com is good, as are:
www.rent.com (Mention that you saw the property on this website in your first contact and you are eligible for $100 if you move there. The property pays $375 per rental to rent.com)
www.apartments.com
www.apartmentguide.com
www.mynewplace.com (Simiar to rent.com's fee structure, though newer and not as many listings)
www.move.com