Liquidity Squeeze/ Rent
Nov 27th 2019, 4:09 am
#63
Account Closed
Joined: Feb 2011
Posts: 0
Re: Liquidity Squeeze/ Rent
Nov 27th 2019, 7:48 pm
#64
BE Enthusiast
Joined: Apr 2019
Location: Riyadh
Posts: 317
Re: Liquidity Squeeze/ Rent
I've just had the most strange negotiation with my landlord.
I currently pay 140k, one cheque. Everyone else around me pays around 160k but I do see new adverts at 150k - I was lucky last year on price. The guy before me paid 192k.
I had agreed 140k, two cheques for the renewal about a month ago. I couldn't be bothered to negotiate the price at the time as I'm roughly in-market and so just went for payment terms. Anyway, I just got a text from the agent asking what discount would I need for one cheque. I offered 133k, one cheque and it was agreed immediately.
This means two things: 1) the landlord has liquidity issues, 2) I could have gone lower!
I currently pay 140k, one cheque. Everyone else around me pays around 160k but I do see new adverts at 150k - I was lucky last year on price. The guy before me paid 192k.
I had agreed 140k, two cheques for the renewal about a month ago. I couldn't be bothered to negotiate the price at the time as I'm roughly in-market and so just went for payment terms. Anyway, I just got a text from the agent asking what discount would I need for one cheque. I offered 133k, one cheque and it was agreed immediately.
This means two things: 1) the landlord has liquidity issues, 2) I could have gone lower!
