broker fee

… New York Citys new law that shifts responsibility for most broker fees from renters to landlords will go into effect tomorrow after a … denied a powerful real estate lobbys attempt to prevent the laws implementation Since the fee is usually 12 percent of …

… New York Citys legal counsel pushed back against a lawsuit challenging the citys new broker fee law in a court … the law which shifts the burden of paying broker fees from renters to landlordsreduces a significant barrier renters …

… effect in midJune Just days after the Fairness in Apartment Rental Expenses Act became a law the Real Estate Board of … FARE Act through a public outreach campaign Traditionally NYC renters have coughed up broker fees of 10 to 15 percent … not only raise rents and make it harder for tenants to find housing but it also infringes upon constitutional guarantees …