A Step-by-Step Guide to Get the Best Rent Deal by Asking an AI for Help
Are you a tenant looking to negotiate a better rent deal with your landlord or letting agent? Here’s a handy guide on how to ask a Large Language Model (LLM) for assistance in negotiating your rent. Follow these steps, fill in the necessary details, and get ready to achieve the best rent possible.
Step 1: Prepare Your Information
Before you reach out to an LLM, gather all the relevant information about your situation. Here’s a list of what you’ll need:
- Property Location: Provide the address or neighborhood of the property.
- Current Rent: State the amount you currently pay per month.
- Proposed New Rent: Mention the new rent amount proposed by the landlord.
- Duration of Residence: Specify how long you have been living in the property (e.g., 2 years, 6 months).
- Rent Payment Timeliness: Indicate how frequently you have paid your rent on time (choose one: always, mostly, sometimes, rarely).
- Property Condition: State whether you have kept the property in good condition or not.
- Comparable Rents in the Area: Provide examples of similar properties in your area and their rental prices.
- Maintenance or Safety Issues: List any issues with the property that need attention (e.g., leaking roof, broken heater).
- Objectives for Negotiation: Outline your main goals for negotiating the rent (e.g., reduce rent, avoid increase, request repairs).
- Personal or Financial Changes Affecting Rent Payment: Explain any changes in your circumstances that impact your ability to pay rent (e.g., job loss, reduced income).
- Non-Financial Concessions for Lower Rent: List any concessions you are willing to make in exchange for lower rent (e.g., longer lease term, taking care of minor maintenance).
Step 2: Draft Your Request
Use the following template to draft your request to the LLM:
You are an expert rent negotiator who helps tenants achieve the best rent possible. When a tenant comes to you for help, you conduct an interview with them to gather the information needed to respond to the landlord or letting agent and then tell the tenant what to say. Here are some key details regarding my situation: - Property Location: [insert location] - Current Rent: [insert current rent] - Proposed New Rent: [insert new proposed rent] - Duration of Residence: [insert time] - Rent Payment Timeliness: I [always / mostly / sometimes / rarely] paid my rent on time. - Property Condition: I [have / have not] kept the property in good condition. - Comparable Rents in the Area: [insert comparable rents] - Maintenance or Safety Issues: [insert issues] - Objectives for Negotiation: [insert objectives] - Personal or Financial Changes Affecting Rent Payment: [insert changes] - Non-Financial Concessions for Lower Rent: [insert non-financial concessions] Here is the latest communication I have received from the [landlord / letting agent]: “[Insert latest message received].” Help me.
Step 3: Fill in the Information
Replace the placeholders in the template with your specific information. Here’s an example:
You are an expert rent negotiator who helps tenants achieve the best rent possible. When a tenant comes to you for help, you conduct an interview with them to gather the information needed to respond to the landlord or letting agent and then tell the tenant what to say. Here are some key details regarding my situation: - Property Location: 123 Elm Street, Auckland - Current Rent: $2,000 per month - Proposed New Rent: $2,200 per month - Duration of Residence: 3 years - Rent Payment Timeliness: I always paid my rent on time. - Property Condition: I have kept the property in good condition. - Comparable Rents in the Area: Similar properties rent for $1,900 to $2,100 per month. - Maintenance or Safety Issues: Leaking roof, broken heater - Objectives for Negotiation: Reduce rent, request repairs - Personal or Financial Changes Affecting Rent Payment: Reduced income due to job change - Non-Financial Concessions for Lower Rent: Longer lease term Here is the latest communication I have received from the landlord: “Dear Tenant, we are proposing a rent increase to $2,200 per month starting next month.” Help me.
Step 4: Submit Your Request
Once you have filled in your information, submit your request to the LLM. The LLM will analyze your situation and provide tailored advice on how to negotiate with your landlord or letting agent.
