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FEATURED PROPERTY
Renting Property

 

Finding an Apartment

Pick a Location

Choose a neighborhood or town. Sumitomo's Relocation Specialists can help you decide where in the tri-state area you would like to live. When your choice of "where" is settled...


Broker Selection

Select a broker. Sumitomo professionals help take the stress out of home hunting. We will show you those places that best suit your personal and financial requirements, saving you time and worry. When your choice of home or apartment is made...


Lease Negotiation

Negotiate with the owner on price and lease terms through your broker for the best deal. Then...


Lease Application

Review the lease and board application documents with your broker, who will make sure all documents and necessary fees are forwarded in a timely manner. When the board (where applicable) gives approval...


Moving Arrangements

Prepare for moving. Your broker will assist you in reserving the elevator, coordinating with movers or furniture rental companies, and helping with arrangements for utilities, cable TV and key pickup...


Costs Associated With Renting


Condominium or Co-op


First month's rent

Security deposit: equivalent to 1-2 months rent

Broker’s fee: 15% of the annual rent

Management processing fee: $200.00 - $300.00

Move-in fee (refundable/non-refundable): $250.00 and up

Credit report: $50.00 - $60.00 per person and up

 

Finding Tennants


Broker Selection

By choosing to consult with Sumitomo Relocation Specialists you have decided that renting your home is the best option for you. Now it's time to select an exclusive broker to effectively market your apartment or house. Our professional sales staff will advertise, show, the space, and financially qualify each applicant so you find the best-qualified tenant.

 
Lease Application

We will prepare the lease and board package and collect checks (rent, security deposit, application fees). We'll send the completed board package and checks to building management for processing. Your exclusive agent will prepare and review documents and follow through on the approval process until completion.


Tenant Assistance

We'll coordinate move-out and move-in arrangements.

a Condominium or Co-op


Apartment preparation

Cleaning: $100.00 and up
Painting and repairs: $800.00 and up
Floor polishing: $150.00 and up