NAR restructures broker commissions in $418 million lawsuit settlement

… the organization of artificially inflating commissions  But New Yorker City buyers likely wont see a huge difference in their deals due …

By Celia Young |March 15, 2024 - 3:08PM
NYC real estate firm fined $260,000 for charging sky-high broker fees

… the Posts story and found that City Wide broke the states real property law because the fees did not reasonably relate … reads the governors announcement of the settlement Real estate licensees are obligated to act with honesty in their … never set in stone and can always be negotiated with your agent And commission haggling is quite common says Douglas …

By Celia Young |January 31, 2024 - 1:30PM
Sellers (and buyers!) should brace for a broker fee shakeup

… are coming to how real estate brokers are compensated in New York City including giving sellers the opportunity to negotiate fees and putting some buyers on the hook for paying their brokers The shift is …

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