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Rent. How much should one bargain ?

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Rent. How much should one bargain ?

Last updated: February 6 2010
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  • Rent. How much should one bargain ?

    Hi all,
    After a lot of thought, i have decided to continue living in a rented house. But I am on the lookout for a bigger house. Started searching a couple of weeks ago. I wanted to avoid brokers in the initial stages. (Will use them if i cant find a good house myself). Hence relying on sulekha ads. Found quite a few houses. But not completely happy with any of them. In all the cases, the rent quoted looked reasonable to me. But I heard that even the rental market is down and moreover people tend to quote very high in internet ads. So i thought i should bargain hard so that i can save some money too. But i am clueless what should be the offer?. If i offer very less, then the seller might redicule me :-). Can someone tell me to what extent we should bargain? Is 20% to 25% fine?
    (Btw so far in all the houses that i saw, the owners gave an impression as if someone else would book in the next few hours if i dont book. :-).)

    Thanks in advance.
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