Pros:
Each apartment broker will have collection of apartments to which they are given permission by the landlord to show. In some cities, brokers influence the market. Most apartments are available only through brokers. Landlords in general don’t like to work with many brokers, which can drive up the competition. They can show you those apartments that fit your specifications after telling them your price range, desired apartment size, and any other specific requests, much quicker than if you scanned the classifieds and visited each one yourself. Brokers know the range of rent pricing in local market, the average square footage, the character of different neighborhoods, and nearby supermarkets or gas stations to the apartment. If you’re moving to a new city, hiring a broker to answer any of your questions may be safer and faster than researching yourself or selecting the first apartment you see.
Cons:
From brokers point of view, the faster you sign the lease, the sooner they get paid. Be attentive for brokers who will say anything just to get you to sign the lease. Expensive or reasonable, broker fees are extra costs and can relatively expensive. Find the average rate for your local area and remember to budget this into your starting capital. Some brokers receive their commission from the landlord. In this case, if landlord wants to protect it from undesirable tenants by hiring brokers whom they trust to find them appealing tenants. You gain the benefits of working with a broker, but their first priority is to serve the landlord.
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