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

… New Yorkers have started to pay attention as a result of media reports about NARs March settlement he said While … and separate fees become standard for NAR members and media attention makes more sellers aware of their ability to …

By Jennifer White Karp |April 29, 2024 - 9:45AM
NYC real estate firm fined $260,000 for charging sky-high broker fees

… a statement For those who think they can take advantage of tenants seeking housing you can rest assured the Department … could be considered exorbitant A brokers fee must represent charges for actual services provided reads the governors … to protect that class of people not to benefit those tenants who might have an extra $20 grand in their pocket …

By Celia Young |January 31, 2024 - 1:30PM
City Council bill to shift broker fees to landlords unlikely to pass this year

… Keep your checkbooks open Thats the message for New York City renters who will … fee regardless of who hired the broker In competitive markets like the current one brokers can ask for  thousands … dubbed the Fairness in Apartment Rental Expenses Act has faced similar opposition from REBNY The organization has …

By Celia Young |October 20, 2023 - 3:00PM
Renewing your NYC lease and getting new roommates? You may have to shell out another broker fee

… 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 … When that lease is up for renewal the ensuing discussion is between the landlord or management company and the tenantno …

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