Sales Market

Does anyone find apartments on Craigslist anymore?

Teri Rogers Headshot - Floral
By Teri Karush Rogers  |
June 1, 2011 - 12:34PM
image

Great question, and one that we've been wondering about ourselves. A telling indicator appears in a Real Deal article on how scam-weary renters are turning to closed communities like Facebook to find apartments and/or reputable brokers.

This comment from a frustrated broker suggests that a lot fewer renters are cruising Craigslist these days.

"Two years ago, I would place one ad and would probably get maybe 10, 15 qualified candidates from it,"  Richard Santos of Level Group tells The Real Deal. "Now I have to place at least 10 ads to get two or three qualified candidates. One hundred dollars' worth of advertising should get you something."

(It should be noted that not everyone on the brokerage side thinks that's such a bad deal: "Frankly, I see that kind of return for $100 worth of advertising as damn good," broker-blogger Malcolm Carter observed after pointing out The Real Deal story to us.)

If you're using Craigslist to find an apartment, some tips for avoiding scams include avoiding anything that looks too good to be true, "blind" listings that don't carry a broker's name, demands for cash deposits, and requests that you wire money in exchange for keys.

How did you find your last NYC rental apartment....?  

Related posts:

The 8 best websites for finding a no-fee apartment in NYC

Anatomy of a Craigslist scam

Craisglist scam-buster: Check Airbnb.com before handing over the cash

Confessions of an on-site leasing agent

Guerrilla Guide to Finding a No-Fee Apartment (Part 1)

BrickUnderground's Renter's Survival Guide

Teri Rogers Headshot - Floral

Teri Karush Rogers

Founder & Publisher

Founder and publisher Teri Karush Rogers launched Brick Underground in 2009. As a freelance journalist, she had previously covered New York City real estate for The New York Times. Teri has been featured as an expert on New York City residential real estate by The New York Times, New York Daily News, amNew York, NBC Nightly News, The Real Deal, Business Insider, the Huffington Post, and NY1 News, among others. Teri earned a BA in journalism and a law degree from New York University.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

topics: