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Things to Avoid When Choosing a Serviced Apartment

Posted by Doriana Zohil-Morton on November 2, 2017
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Looking for a serviced apartment in Toronto for your employees is an important job, not only because you want them to have comfortable living conditions, but because you want to be sure that you’re getting the best deal—and not getting scammed. It’s especially important to be careful when renting corporate housing for the first time, since you may not be familiar with the process, and therefore unable to tell if anything about the deal is off. For some tips on things to avoid when looking for a serviced apartment, keep on reading.

Not Knowing Who You’re Dealing With

When renting a furnished apartment, there are various parties you may find yourself dealing with: the owner, a third-party rental agency, or real estate brokers. While dealing with the owner of the suite it may seem like the most straightforward and simple way to do things, this may not always be the case—it’s usually harder to know if you can trust an owner who’s posting online themselves since there’s no reputable third-party company to ensure legitimacy and provide a solid contract. Third-party rental companies offer the same level of security, and some companies own and operate the building, so you can get a better idea of what to expect with each rental unit. Real estate brokers are another good option, since they would have visited the apartment themselves and have a good idea of the current market to better advise you.

Believing in Offers

When you’re looking for corporate rentals in an area that you’re unfamiliar with, it could seem like a dream come true when you find the perfect apartment for an unreal price. Unfortunately, it may be just that—unreal. Be sure to do your research and find out the average price of similar rentals in the area before you exchange information with any listing you think that may be too good to be true.

Using Unsecured Payment Options

Another thing you want to avoid when renting a furnished apartment is using unsecured payment options. Always make sure that whatever way you’re wiring money can be traced. Scams will typically use untraceable methods so that once they have your money, they can’t be found. Using legitimate PayPal accounts or even web sites with verified secure payment options are usually reliable methods.

Not Having Written Proof

Always make sure that you have written proof of your agreement with whoever you’re dealing with to rent your furnished apartment. This is an important step so that if anything goes wrong down the line, you have a paper trail of your agreement, and what you were promised.

If you’re in the market for a corporate rental, look to MAC Furnished Residences Inc. for incredible rentals you can trust. With rentals available across the GTA including the downtown business core, entertainment district, and even in the surrounding suburban business centres, you’ll find exactly what you’re looking for. Contact us today for more information about our corporate rentals in Toronto.

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