We can provide a residential tenant with a systematic and clearly explained written analysis of the dollar potential for being bought out of an apartment. This analysis can be used to help a tenant make a decision about whether they wish to be bought out and, if they do, what their best leverage points are for a buyout discussion. We developed this product in response to a tremendous demand for this specific service.
The analysis methodically covers four things:
- We make sure that your plans and goals are fully formulated for the next step in your housing and that you are being realistic about the value of the regulated apartment you are giving up.
- We try to ascertain what dollar amount the landlord may spend for a buyout, given the facts as we know them and can deduce from research. We calculate how much more can a landlord charge a future tenant if you leave. We consider whether your apartment is in a development site, or in a building being targeted for a rapid turnover, or in a building where the landlord takes an organic and long-road approach to growing the rent roll.
- We assess, from a legal point of view, what, if any, leverage landlord has over tenant.
- We assess, from a legal point of view, what, if any, leverage tenant has over landlord.
By putting all of the foregoing together, we attempt to assist a tenant in determining - what is the appropriate amount you should shoot for in a buyout negotiation and what are the best approaches to take in the negotiation process? Or - should you not shoot for a buyout at all.
Finally, we also make sure that you understand the tenant anti-harassment laws and how to protect yourself from harassment.
There is a flat rate for this service of $2,500.