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

… … When it comes to broker fee behavior in New York City the majority of sellersbut not … rules that went into effect January 1st Instead of a seller paying a 5 or 6 percent fee that would then be split between … be in a weaker sales market For this Edry points to the rental market as an example When it is a strong landlord …

By Jennifer White Karp |April 29, 2024 - 9:45AM
City Council bill to shift broker fees to landlords unlikely to pass this year

… folks From what I think is going to happen its not going to pass this session Ossé says But were hoping to have a lot of … on to this29 to 51 This is the closest weve ever been to passing something like this And I think its because its so … so from what I think is going to happen its not going to pass this session But it may be introduced next session … …

By Celia Young |October 20, 2023 - 3:00PM