I am a student and soon to be tenant who is looking to rent a place for about 4 months between January and May.
I have to relocate near Atlantic City, NJ and I have come across many winter rentals by the shore that seem like a good price at this time of the year. So I came across a place that is $900 a month, covers most pretty much everything (electric, water, heating, parking) except for internet costs. However, when speaking with the real estate agent, she mentioned there is also a $1000 processing fee.
When I had mentioned that this fee is very high and asked what it is composed of, she only asked me if I was willing to pay $500 and the landlord pay $500. I am brand new when it comes to finding places to rent and from my understanding I think that this is the fee she charges to write up the lease.
I am not sure entirely if that is what the processing fee is or not. Any advice on how I should approach this further?