Are NYC sellers paying smaller commissions to buyer’s brokers?

… of sellersbut not allappear to be continuing to offer a full 3 percent commission to buyers brokers according to  … antitrust cases  involving the National Association of Realtors NAR shaking up courtrooms around the US but was not … but they are rare Douglas Wagner director of brokerage services at  BOND New York said this scenario is something …

By Jennifer White Karp |April 29, 2024 - 9:45AM
Does a buyer in NYC need to pay a broker fee?

… The short answer is maybe because starting January 1st 2024 fees for brokers who are members of the Real Estate Board of New York are going to be decoupled The …

By Jennifer White Karp |December 28, 2023 - 11:30AM
City Council bill to shift broker fees to landlords unlikely to pass this year

… a vote this year Ossé says Better luck in 2024 folks From what I think is going to happen its not going to pass this … the marketlike agents and ownersthey tell you this is not what would actually benefit the New York housing market  … First of all nearly 50 percent of tenants in New York City live in rent stabilized units For a landlord of these …

By Celia Young |October 20, 2023 - 3:00PM
How much does it cost to move to NYC?

… If youre thinking of moving to New York City youre not alone … ongoing housing shortage Prepare for bidding wars even in rentals  Pro Tip Pro Tip Want to stress less about your NYC … depend on where youre coming from and this size of your haul The average cost of a local move is $1250 while the …

By Evelyn Battaglia |October 17, 2023 - 10:00AM
Renewing your NYC lease and getting new roommates? You may have to shell out another broker fee

For many renters who work with an agent to find an apartment … in New York City once the lease is signed and the broker fee is paid they part ways and the interaction ends When … Member Chi Ossé introduced the Fairness in Apartment Rental Expenses FARE Act which if it passes would put the …

By Jennifer White Karp |August 31, 2023 - 5:00PM