Bill shifting broker fees to landlords is back. So is the fight to pass it

… passed last year The bill dubbed the Fairness in Apartment Rental Expenses Act would let renters off the hook for paying a brokers fee when the … halted renterpaid fees under its interpretation of the 2019 Housing Stability and Tenant Protection Act but subsequently …

By Celia Young |March 5, 2024 - 10:36AM
Sellers (and buyers!) should brace for a broker fee shakeup

… sellers the opportunity to negotiate fees and putting some buyers on the hook for paying their brokers The shift is … cases is the USs centuryold commission system typically buyers and sellers agents split the feeusually 5 to 6 … of the purchase price of their property for closing costs mostly due to the broker fee For example a 6 percent broker …

By Celia Young |November 15, 2023 - 9:30AM