Alcove allows landlords to counter terms under certain guidelines to keep the application process fair and efficient
Alcove allows landlords to counter an applicant’s terms under certain circumstances. This helps keep the process fair and reduces back-and-forth negotiations, making it easier for applicants to secure a lease.
If the landlord counters your application terms, they must accept your application and sign their portion of the lease. As the applicant, you can then a) accept the counter by signing your portion of the lease or b) withdraw your application.Lease Price
- Smart Pricing: Some landlords use Alcove’s algorithmic pricing, which can temporarily lower the asking rent. If multiple applications come in, the landlord may sometimes choose to counter to a higher rent. This typically happens when there are multiple applicants to the property.
- That said, if your application’s rent offer matches the listed price, the landlord cannot counter the rent amount.
Lease Dates
- If the dates are countered to start later, the property likely isn’t ready for move-in.
- If dates are moved up, it’s usually because the landlord wants to avoid a vacancy or has multiple interested applicants.
Lease Length
- If the landlord counters for a longer lease, it’s usually due to their own preference for a longer term tenant.
- If you end up with a shorter lease, you can still discuss renewal closer to the end date—Alcove typically sends out renewal notices around 90 days before your lease ends.
If you have further questions about counters or lease terms, feel free to reach out us at apply@alcoverooms.com.